Groestlcoin Price (GRS)
-0.04%
-0.43%
-0.22%
-0.22%
Groestlcoin (GRS) real-time price is $0.293986. Over the past 24 hours, GRS traded between a low of $ 0.293235 and a high of $ 0.296908, showing active market volatility. GRS's all-time high price is $ 2.74, while its all-time low price is $ 0.
In terms of short-term performance, GRS has changed by -0.04% over the past hour, -0.43% over 24 hours, and -0.22% in the past 7 days. This provides you with a quick overview of its latest price trends and market dynamics on MEXC.
The current Market Cap of Groestlcoin is $ 25.97M, with a 24-hour trading volume of --. The circulating supply of GRS is 88.35M, with a total supply of 88369048.88736624. Its Fully Diluted Valuation (FDV) is $ 25.98M.
During today, the price change of Groestlcoin to USD was $ -0.0012985745395471.
In the past 30 days, the price change of Groestlcoin to USD was $ -0.0169050475.
In the past 60 days, the price change of Groestlcoin to USD was $ -0.0281597135.
In the past 90 days, the price change of Groestlcoin to USD was $ -0.02874751285192453.
Period | Change (USD) | Change (%) |
---|---|---|
Today | $ -0.0012985745395471 | -0.43% |
30 Days | $ -0.0169050475 | -5.75% |
60 Days | $ -0.0281597135 | -9.57% |
90 Days | $ -0.02874751285192453 | -8.90% |
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.
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How much will Groestlcoin (GRS) be worth in USD tomorrow, next week, or next month? What could your Groestlcoin (GRS) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Groestlcoin.
Check the Groestlcoin price prediction now!
Understanding the tokenomics of Groestlcoin (GRS) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about GRS token's extensive tokenomics now!
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