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  1. Cryptocurrencies
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Grin

GRIN

Rank #1233
$ 0.05048
-8.72%
24H Low$0.04558
24H High$0.05531
24H Volume
1.48M
All-Time High(ATH)
$261.65
All-Time Low(ATL)
$0.02429
Market Cap
7.71M
Fully Diluted Valuation
--
Market Cap/FDV
0.00
Circulating Supply
153.71M GRIN
Total Supply
--
Max Supply
Market Sentiment
Negative
* Data from 3rd parties

Grin (GRIN) Price Trends

Time period
Change amount
% Change
1H
$ 0.001086
2.15%
24H
$ -0.004401
-8.72%
7D
$ 0.02274
45.05%
14D
$ 0.02327
46.1%
30D
$ 0.03402
67.39%
1Y
$ 0.009955
19.72%

Live Grin (GRIN) Price Update

Grin price today is $0.05048 with a 24-hour trading volume of 1.48M, and as such Grin has a market cap of 7.71M, giving it a market dominance of 0%. The Grin price moved -8.72% in the last 24 hours.

Grin reached its highest price on 2019-01-16 when it was trading at its all-time high of $261.65, while its lowest price was recorded on 2023-10-12 when it was trading at its all-time low of $0.02429. The current lowest price since the last cycle high was $0.02429, and the highest price since the last cycle low was $261.65. The social sentiment of Grin is currently Negative.

The current circulating supply of Grin is 153.71M GRIN. In terms of market cap, Grin is currently ranked 1233.

About Grin (GRIN)

Grin is an open source software project to implement the mimblewimble blockchain, and fills in some necessary things (missing in the mimblewimble protocol) to implement a complete blockchain and cryptocurrency. The main purposes and features of the grin project are as follows: the default feature of privacy protection. This makes it completely replaceable and retains the ability to selectively disclose information on demand. The block size matches the transaction volume. Only about 100 bytes of transaction kernel is reserved for historical transactions, which saves a lot of space compared with other block links. Powerful and proven cryptography. Mimblewimble only uses elliptic curve cryptography, which has been tried and tested for decades. Simple design makes it easy to review and maintain the code in the future. Community driven. A mining algorithm that resists ASIC (cuckoo cycle algorithm) is adopted to encourage decentralized mining.

FAQs

1. What determines the price movement of Grin?

There are two schools of thought in determining the price of Grin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Grin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Grin from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Grin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Grin as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Grin and the cryptocurrency market as a whole.

Grin (GRIN) Announcements

Grin Wallets Upgraded and Grin Deposits&Withdrawals Resumed

Gate.io has completed the GRIN wallet upgrading and added support for Slatepack addresses. The obsoleted URL addresses will not be supported any longer. This upgrading brings some major changes: 1) Slatepack address will be used for depositing GRIN. The Memo displaying on your deposit page is exactly the decimal part of the amount you should deposit. For any amount you want to deposit, the decimal part must match the memo exactly, while the whole number part can be of any number. For example, if the Memo for your GRIN deposit page is 722413, then you can deposit 1.722413, 2.722413, 10.722413 , 100.722413, etc. 2. Slatepack address will be used for withdrawing GRIN. The URL address is not supported any longer. Deposit GRIN: https://www.gate.io/myaccount/deposit/GRIN GRIN/USDT Markt:https://www.gate.io/trade/GRIN_USDT GRIN/ETH Market:https://www.gate.io/trade/GRIN_ETH Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team March 4, 2021 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up :https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram:https://t.me/gateio Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio
readings: 86279Posted:

Gate.io Has Added Grin(GRIN), Beam(BEAM) Leveraged ETFs

Gate.io has added the following ETFs: GRIN3L, GRIN3S and BEAM3L, BEAM3S. 3L is a long position while 3S is a short position, which tracks the price change range of the underlying asset and changes with amplified range percentage. With the updated re-balancing rules, the leveraged ETF product now regularly re-balances to a target leverage (2.3X) if a certain criterion is met at 0:00 UTC+8 on a daily basis; Besides the scheduled re-balancing, when the real-time leverage of the product is larger than 3x, it will re-balance as well. Below are the new re-balancing rules: 1) Irregular re-balancing: When the real-time leverage is over 3 times, irregular re-balancing will be triggered. The leverage will be adjusted to 2.3 times. 2) Regular re-balancing: Everyday at 0:00 UTC+8, when the real-time leverage is less than 1.8 times or above 3 times; or the underlying asset price changes drastically (e.g. up or down over 1 % on contract index price), regular re-balancing will be triggered to adjust the leverage to 2.3 times. 3) After the upgrade, ETF’s market volatility will decrease and frictions over a longer time will be reduced; but it is far from completely avoiding the long-time frictions. The ETF performs better in a one-sided market as it will use profit to increase position and decrease position when there is a loss, but it is not suitable for long term holding and performs bad in a swinging market. Trade GRIN3L at https://www.gate.io/trade/GRIN3L_USDT Trade GRIN3S at https://www.gate.io/trade/GRIN3S_USDT Trade BEAM3L at https://www.gate.io/trade/BEAM3L_USDT Trade BEAM3S at https://www.gate.io/trade/BEAM3S_USDT About Leveraged ETF The leveraged ETF product re-balances to a target leverage if a certain criterion is triggered. When it re-balances, profit will be used to expand the position while the loss will lead to decrease of the position. When trading with ETFs, you do not have to pay a margin. You can simply buy and sell it to enjoy increased exposure like you are trading with leverage. ETF products are managed and hedged in the perpetual contract market. We charge a management fee daily to compensate for the funding payment and trading fee which is incurred at perpetual contract markets. No extra funding fee is charged. By optimizing the fund management, the cost and risks for you to get leveraged exposure are significantly reduced. Risk Warning Digital currency prices are susceptible to high volatility, which is even more tangible for the leveraged ETF products. Therefore there is a risk to suffer amplified loss. Please fully understand the product and risks involved before trading. Furthermore, the change of an ETF product is not always about the target times of the underlying asset over a certain time span as the result of scheduled or irregular re-balancing. An ETF product is hedged in a perpetual contract market, the profit will expand the position and the loss will decrease the position, which will incur greater friction in a swinging market. Due to the rebalancing mechanism and the holding cost, the ETF is not suitable for long term holding. It has greater fluctuation and higher risk. Please be cautious. For more details, please read instructions about Leveraged ETFs at our Help Center. Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team December 28, 2020 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals Click to Sign up :https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram:https://t.me/gate_io Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio
readings: 58377Posted:

Gate.io Has Added GRIN/USDT and BEAM/USDT Perpetual Contracts

Gate.io has added GRIN/USDT and BEAM/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage. Trade GRIN/USDT and BEAM/USDT perpetual contracts at: https://www.gate.io/futures_trade/USDT/GRIN_USDT https://www.gate.io/futures_trade/USDT/BEAM_USDT You can also practice your skills at your demo account, risk free via: https://www.gate.io/testnet/futures_trade/USDT/GRIN_USDT https://www.gate.io/testnet/futures_trade/USDT/BEAM_USDT About GRIN Grin is an open source software project that implements a MimbleWimble blockchain and fills the gaps required for a full blockchain and cryptocurrency deployment. Learn more about GRIN/USDT perpetual contract specifications: https://www.gate.io/futures_market_info/usdt/GRIN_USDT/market_info About BEAM Beam is scalable confidential cryptocurrency implements the MimbleWimble protocol. Learn more about BEAM/USDT perpetual contract specifications: https://www.gate.io/futures_market_info/usdt/BEAM_USDT/market_info About Gate.io Perpetual Contract Market Gate.io's perpetual contract market is the most active market in the world, with a daily volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in our insurance fund to cover losses due to liquidation. We offer up to 100X leverage for BTC and support high leverage of 20X or 50X for a dozen of other assets, such as ETH,EOS,LTC,BCH,BSV and more. We use composite indices from several exchanges to mark liquidation, thus avoiding unnecessary liquidation. The futures market has been running stably and significantly reduced investors’ risk. Please note, perpetual contracts are of high leverage and incur a high risk. Please trade within your financial capacity. About Margin Currency Types in Gate.io Perpetual Contract Market Currently, there are two margin currencies, BTC and USDT, in Gate.io perpetual contract markets. Based on the margin currency, we group perpetual contracts into two separate groups, USDTmargined perpetual Contracts and BTCmargined Perpetual respectively. To trade any BTC margined perpetual contract, you have to transfer in BTC to your BTC Perpetual Contracts Account as margin, where PNL is also settled in BTC. To trade any USDT margined perpetual contracts, you have to transfer in funds to your USDT Perpetual Contracts Account, where PNL is also settled in USDT. USDT margined perpetual, using a stablecoin as margin and currency to settle Profit and Loss, they eliminate the volatility in return caused by BTC price fluctuations, which are considered a better fit to beginners. Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team December 28 , 2020 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up :https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram:https://t.me/gateio Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio
readings: 58264Posted:
Date
Market Cap
Volume
Open
Close
2023-12-04
$774.06K$9.54M$0.06197N/A
2023-12-03
$1.29M$7.92M$0.05192$0.06197
2023-12-02
$436.19K$5.83M$0.03809$0.05192
2023-12-01
$1.22M$5.28M$0.03444$0.03809
2023-11-30
$848.42K$5.34M$0.03498$0.03444
2023-11-29
$895.4K$5.43M$0.03550$0.03498
2023-11-28
$959.75K$5.5M$0.03571$0.03550
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