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Buy or Exhange Groestlcoin (GRS) at the Best Market Price Today.
Groestlcoin Chart
What is Groestlcoin? Groestlcoin is a proof of work cryptocurrency created in 2014. Designed for everyday use, Groestlcoin features an average block time of one minute, as opposed to Bitcoin's ten. As a consequence, it has a maximum total supply that will cap out at 105 million coins, as opposed to the 21 million for Bitcoin. The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. This is a system that is independent of influence from centralized authorities. How does it work? Groestlcoin is mined using the Groestl algorithm. Groestl was chosen as one of the five finalists of the NIST hash function competition. It uses the same S-box as AES in a custom construction. The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger. What does it aim to solve? With a shorter block period than Bitcoin, Groestlcoin aims to be more functional for everyday payments. Merchants don’t need to wait 10 minutes to confirm whether or not they have received their payment. The reduction in hashrate intensity also gave Groestlcoin an opportunity to be mined by individuals with less computing power. However, companies and teams have created ASICs for Groestlcoin, albeit at a higher cost than creating ASICs for Bitcoin. Rather than just a simple fork, Groestlcoin also works to adopt developments and additions inspired from discussions surrounding the Bitcoin network, and was actually one of the first adopters to several key features such as Segregated Witness (SegWit) and the Lightning Network.
The current price of 1 Groestlcoin (GRS) in USD is $0.4001.
This price is currently -85.45% than its all-time high (ATH) of $2.740,
and 518206.73% than its all-time low (ATL) of $0.00007701.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Groestlcoin’s price.
The market capitalization of Groestlcoin (GRS) is $34,799,025.00 as of today.
Groestlcoin (GRS) is currently ranked #879 in the market, and this market cap is calculated by multiplying the current price of Groestlcoin with the circulating supply.
The circulating supply of Groestlcoin (GRS) is 87,011,388, meaning there are 87,011,388 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Groestlcoin (GRS) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Groestlcoin (GRS)’s official platforms.
The trading volume of Groestlcoin (GRS) today is $2,960,426.00.
This represents the total value of Groestlcoin (GRS) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Groestlcoin (GRS) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Groestlcoin's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Groestlcoin (GRS) to make well-informed trading decisions.
The all-time high (ATH) price of Groestlcoin (GRS) is $2.740.
This ATH was reached on 09 Apr 2021, marking the highest value ever for Groestlcoin (GRS) in the market.
Currently, Groestlcoin is lower than its ATH by -85.45%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Groestlcoin, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Groestlcoin (GRS) is $0.00007701.
This ATL was reached on 28 Nov 2014, marking the lowest value ever for Groestlcoin (GRS).
Currently, Groestlcoin is higher than its ATL by 518206.73%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Groestlcoin (GRS), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Groestlcoin (GRS), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Groestlcoin (GRS) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Groestlcoin against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Groestlcoin.
4. Place an Order: After funding your account, navigate to the Groestlcoin (GRS) trading pair (e.g., Groestlcoin/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Groestlcoin in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Groestlcoin (GRS).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Groestlcoin (GRS) at the Best Market Price Today.