Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$0
Market Cap:
$2.04M
All Time High:
99.17% $2.74
Apr 9, 2021
All Time Low:
29401% $0.00
Nov 28, 2014
Groestlcoin
GRS93.25 %(1Y)
$0.02271771
About Groestlcoin
Groestlcoin (GRS) is a cryptocurrency launched in 2014. It functions as a proof-of-work medium of exchange, mineable digital cash, and early adopter of scalability upgrades.
The network aims to solve the slow confirmation problem that plagues legacy blockchain payments. A one-minute average block time makes Groestlcoin far more practical for merchants and everyday point-of-sale use than Bitcoin’s ten-minute cadence. Low transaction fees and optional privacy features strengthen its utility as electronic cash.
Groestlcoin operates on its own blockchain using proof of work. Miners compete to solve computational puzzles, validating transactions without any central coordinator. This peer-to-peer architecture removes the need for banks or payment processors.
The proof-of-work mining relies on the Groestl hashing algorithm, a NIST hash competition finalist that reuses the AES S-box in a custom design. Block times average 60 seconds, enabling rapid finality. Groestlcoin integrated Segregated Witness (SegWit) and the Lightning Network very early, demonstrating a commitment to adopt Bitcoin community breakthroughs ahead of many forks. The protocol is open-source, and both GPU miners and purpose-built ASICs now secure the chain.
The project emerged without a publicly named founding team, its genesis block mined on March 22, 2014. Rather than simply duplicating Bitcoin’s codebase and reducing block time, Groestlcoin actively tracked and implemented innovations from the broader cryptocurrency research space. It was among the first chains to activate SegWit and deploy Lightning Network support, reflecting a philosophy of pragmatic hard-fork avoidance and continual improvement.
Groestlcoin’s long-term purpose centers on delivering a mathematically verifiable, censorship-resistant payment system for daily commerce. By compressing confirmation times and lowering hash power barriers initially, the protocol aimed to keep validating transactions accessible to individuals, though ASIC manufacturing has since concentrated some of that hashing power. Its lightning integration extends that mission toward high-volume micropayments and instantaneous settlements.
The GRS token directly facilitates network operations. Each transaction requires a fee paid in GRS, and miners collect freshly minted GRS as a block reward for assembling a valid block. This closed economic loop secures the network with coin-driven incentives while users compensate for the right to inscribe data onto the ledger.
Miners commit electricity and hardware to the Groestl algorithm, collecting block rewards and transaction fees for their contribution to consensus. Merchants accept GRS knowing they receive probabilistic finality within roughly a minute, far faster than legacy credit card settlement or Bitcoin’s six-confirmation wait. Lightning Network users lock GRS into payment channels, enabling off-chain micropayments with negligible latency.
Groestlcoin has a maximum supply of 105,000,000 tokens. Currently, 89,911,548.89 are in circulation. With a market capitalization of $2,063,548.00, Groestlcoin ranks #2,309 among all cryptocurrencies.
Why is manual trading Groestlcoin a bad idea?
Manual grs trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Groestlcoin (GRS) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live GRS price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Groestlcoin (GRS) is $0.02271771. Over the last 24 hours, it has moved 0.00%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Groestlcoin on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your GRS investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Groestlcoin's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - GRS can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Groestlcoin is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. GRS can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
