Groestlcoin (GRS)

-0.71 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

5891807>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

40530000>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

81,848,049.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

105,000,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Week Month Year All Time
High

Jan 19 2023

0.365041770033
5.74%

Jan 17 2023

0.388130430422
-0.55%

Apr 03 2022

0.795180716389
-51.46%

Apr 09 2021

-85.96%
Low

Jan 19 2023

0.365041770033
5.74%

Jan 04 2023

0.320199889142
20.55%

Oct 15 2022

0.284559475497
35.65%

Nov 28 2014

500,052.67%

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Groestlcoin
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Coin Info

Groestlcoin was created in 2014 as a proof-of-work cryptocurrency. Groestlcoin is made for everyday use and has an average block time of one minute, while Bitcoin's is ten. Because of this, the total number of coins that can ever be made is capped at 105 million, while Bitcoin's is 21 million. The main reason Groestlcoin was made was to set up a way to pay online that was based only on mathematical proof. It uses the Proof of Work (POW) system to make sure that online money transfers are safe. This is a system that is not controlled by a single group of people.

Groestlcoin aims to be more useful for everyday payments by having a shorter block time than Bitcoin. Merchants don't have to wait 10 minutes to find out if they've been paid or not. Groestlcoin could also be mined by people with less powerful computers after the hashrate intensity went down. But companies and teams have made ASICs for Groestlcoin, even though it was more expensive to do so than for Bitcoin. Groestlcoin isn't just a simple fork; it also tries to add features and improvements that come from discussions about the Bitcoin network. In fact, it was one of the first to add key features like Segregated Witness (SegWit) and the Lightning Network.

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