Review on GCN Coin by Othere Obtentus
On a downward trend
GCN claims that it is suitable for very small transactions as well as large transactions. It is a clone of Litecoin. It promised very fast transaction with a very insignificant fees, so it is suitable for both small transactions and large transactions. However, GCN is not a reliable project for investment. There is not enough information on its website or its social networks to clarify its objectives in the market and its plans for the future.
There are no clear benefits of GCN network over other cryptocurrency project which limits its prospects as a profitable investment. Its social networks are also ignored and inactive with not much updates about the project in recent years. According to some of the users, it is very hard to reach the administrators of the project and its customer support is not very responsive.
Its blockchain was launched in 2014 and its value peaked in 2018. Even though it is trading in some markets, its value has gone completely downhill since 2018 and the price of GCN is almost negligible right now. The project was active for a short while and currently it is a lost project in crypto marketplace.
As the GCN network does not provide enough information to evaluate and analyze the prospects of the currency, it is inadvisable to invest in the project. The price of GCN is continuously falling and it does not look like it will ever recover. So any investments made on it will probably make no returns.
Pros
- Fast transactions very small fees
- GCN is suitable for very small transactions as well as large transactions
Cons
- It is very hard to reach the administrators of the project
- Its website is not very informative
- It is inactive in its social networks
- Its value has gone completely downhill since 2018
