FantasyGold Price Prediction 2023-2030: Can FantasyGold Reach $1000?

FantasyGold Latest Price

FGC Latest Performance, July 26th

• Last 7 Days: +121.4%
• Last 1 Month: +8371.1%
• Last 12 Months: +16768414.51%

FantasyGold Price Prediction: Is FantasyGold a Good Investment?

FantasyGold is a peer-to-peer cryptocurrency and blockchain that is designed to serve the fantasy sports industry, FantasyGold acts as an in-game currency used to enter contests and pay prizes. It also operates as a payment processing network. Fantasy Gold Coin is designed to be secure for both the end user and fantasy sports sites, with transaction costs being fractions of a penny. The blockchain and open ledger allow players to be confident that their deposited funds are safe and used only to pay out prize pools. Over time, FGC has evolved into a multi-purpose platform offering Ethereum Virtual Machine-based smart contracts and fast transactions.

FantasyGold offers smart contracts and fast transactions based on the Ethereum Virtual Machine (EVM). It achieves this through the Account Abstraction Layer, which allows the EVM to communicate with FantasyGold’s blockchain, similar to Bitcoin’s blockchain. This compatibility with existing Solidity-based smart contracts makes it user-friendly.

Key features

• The platform utilizes the Account Abstraction Layer to enable communication between the EVM and FantasyGold’s UTXO blockchain, making it compatible with existing Solidity-based smart contracts.
• Unlike traditional centralized payment systems, the FantasyGold project does not impose additional transaction or service fees on users of its payment network.
• Senders only need to pay a small transaction fee, which is awarded to stakers responsible for processing transactions and maintaining the blockchain.
• The use of smart contracts allows anyone to leverage the FantasyGold blockchain, making it easier to create their own projects and tokens.

Usability of FantasyGold

• Players can secure Fantasy Gold Coins in their own downloadable private digital wallet. They can then send Fantasy Gold Coins from their unique wallet to their personal account on one of our supported sites to enter contests.
• The Fantasy Gold Blockchain is an encrypted data structure representing a transparent financial ledger. Fantasy Gold deposit addresses can be easily verified publicly. This allows site owners to publicly display the total amount of deposited funds for prize pools or the available Fantasy Gold Coins for guaranteed prize pools and tournaments.
• Merchants, players, and casual holders of Fantasy Gold Coins act as their own bank and payment processor. Merchants can store funds in offline cold storage, encrypted desktop wallets, or paper wallets. Offline transactions can still be monitored and confirmed by viewing the Fantasy Gold block explorer.

Overall, FantasyGold provides a platform for the Sports and eSports industries to save money on payment processing fees. It aims to help these industries avoid unnecessary costs and ultimately save hundreds of millions of dollars each year.

The Recent Pump

• FantasyGold (FGC) experienced a significant price increase over the last 24 hours. This is primarily due to a significant jump in Trading Volumes
• The Social Media Buzz and Sentiment for FantasyGold (FGC) were predominantly positive with a high level of engagement during the last 7 days. However, over the last 24 hours, there is a noticeable drop in engagement, with no recorded discussions related to FGC. This suggests a substantial decrease in interest or discussions about FantasyGold over this period.
• So while there is a massive jump in trading volume, social media conversations are down. This is a red flag.
• On Various Crypto Communities, There are concerns about
  • FGC’s liquidity, with reports of difficulty in selling or swapping tokens.
  • Some users speculated that FGC might be a scam, potentially indicating a risk of a pump-and-dump scheme.
• Overall, Trade with Great Caution.

Thus, considering the past performance of FantasyGold, it appears to be a good case for investment.

Let us look at various Forecasts

FantasyGold Price Prediction: Can FantasyGold Reach $1000?

For FantasyGold to reach $1000, it will need to rise 40x times. At 40x, FantasyGold’s Market Cap would be $120 Billion. If FantasyGold Coin were to rise at the rate of 25% every year, it would take approximately 17 years to reach $1000.

Even if assuming FGC is a good investment, it is unreal to expect a market cap of $120 Billion anytime soon. However, should a large proportion of coins (say 75%) are burnt/destroyed, $1000 would look highly feasible.

FantasyGold Price Prediction Today: How is FantasyGold likely to trend today?

FGC Price Prediction 2023, 2025 and 2030 (Aggregated)

The Aggregated* FantasyGold Predictions for the next few years are as follows

• FantasyGold Price Prediction 2023 is $17.0
• FantasyGold Price Prediction 2025 is $61.7
• FantasyGold Price Prediction 2030 is $244

*Long Term Predictions of Cryptocurrencies tend to be unreliable owing to numerous factors that are themselves unpredictable

Where to buy FantasyGold Crypto?

The primary trading platforms for FGC are PancakeSwap v2 (Aptos) and Finexbox.

Coinbase, Finexbox

Also Read: Dash 2 Trade Price Prediction

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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