GGP is an ERC20 utility token that is used for:
- Lowering the AVAX staking cost of a validator node
- Staking to be matched with AVAX from the deposit pool
- Used in governance to make decisions about the protocol, aimed towards helping Subnets launch faster
GoGoPool Price Analysis
As of December 25 2024 GoGoPool has a marketcap of $68M.
This is {{percentagefromath}} from its all time high of $19.66.
In terms of its tokenomics, there's a total supply of 19M with 37% currently outstanding.
Keep in mind GoGoPool has a fully diluted value of $186M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
