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Groestlcoin Live Price Update & Market Capitalization

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Groestlcoin GRS #1082

$0.323 0.56% (1d)

Market Overview

Groestlcoin current market price is $0.323 with a 24 hour trading volume of $2,310.54K. The total available supply of Groestlcoin is 88.09M GRS with a maximum supply of 105.00M GRS. It has secured Rank 1082 in the cryptocurrency market with a marketcap of $28.49M. The GRS price is 0.75% down in the last one hour.


The high price of the Groestlcoin is $0.333 and low price is $0.319 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.

Groestlcoin Rank

1082

Groestlcoin Price

$0.323

Market Cap

$28.49M 0.98%

Fully Diluted Valuation

$28.49M

Trading Volume(24h)

$2,310.54K

Circulating Supply

88.09M GRS

Total Supply

88.09M GRS

Max Supply

105.00M GRS

High(24h)

$0.333

Low(24h)

$0.319

All-time High

$2.74 88.19%
09 Apr 2021

All-time Low

$0.0000770100 420684.89%
28 Nov 2014

Cryptocurrency Groestlcoin Calculator

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Groestlcoin Historical Data Chart

1h

0.75%

24h

0.56%

7d

0.68%

14d

1.6%

30d

15.56%

60d

3.38%

200d

45.51%

1y

5.21%

No historical data available for .

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Groestlcoin Markets

Compare live prices of Groestlcoin on top exchanges.

#ExchangePairPriceVolume(24h)Trust Score
UpbitGRS/KRW $0.324$1,505,946
BithumbGRS/KRW $0.323$751,929
CoinExGRS/BTC $0.313$23,283
CoinExGRS/USDT $0.315$15,314
UpbitGRS/BTC $0.332$13,483
Upbit Indonesia GRS/BTC $0.332$22,679
BitBNSGRS/INR $0.161$3
Komodo WalletKMD/GRS $0.327$0

About Groestlcoin

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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