GRV

GravitokenGRV

Rank #4427
Token
On 21,126 watchlists

Gravitoken Price (GRV)

$1,346,946.11
5.06%

22.16 BTC8.63%

322.93 ETH6.39%

Low:$1,254,984.82
High:$1,352,930.22
24h
GRV  Gravitoken GRV
Price:
$1,346,946.11
 5.06%
Market Cap
- -

Why is there no Market Cap? 

Read More

Fully Diluted Market Cap
$1,316,332,039,417,458,688
34.58%
Volume
24h
$43,390
37.66%
Volume / Market Cap
--
Circulating Supply
--

Why is there no Total Supply? 

Read More

Sponsored

Gravitoken to USD Chart

Loading Data

Please wait, we are loading chart data

GRV Price Live Data

The live Gravitoken price today is $1,346,946 USD with a 24-hour trading volume of $43,389.65 USD. We update our GRV to USD price in real-time. Gravitoken is up 5.06% in the last 24 hours. The current CoinMarketCap ranking is #4427, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

What Is Gravitoken (GRV)?

Gravitoken (GRV) is a digital currency with an elastic supply mechanism — it is mathematically calculated to increase in price every 8 hours, thus investments are protected by a constantly growing liquidity pool, which is responsible for strengthening the minimum price, aka the price floor, until it reaches a ceiling of $1,337,000 where it becomes a stablecoin.

The official website of the project indicates that a prerequisite for the creation of the token was the need for a cryptocurrency that can withstand market volatility, and the token is insured against volatility due to the liquidity pool (the developed formula adjusts the liquidity pool to create a stable minimum price level). The creators of Gravitoken guarantee a constant growth of GRV or "DeFi gravity" — the cryptocurrency is calculated to increase in price by a minimum of 9.81% (every 8 hours).

According to the developers, the growth of GRV will continue until it reaches the target guaranteed value of $1,377,000. This amount will be derived from a 9.81% fee on each transaction, which goes to token buyback and burns, automatic liquidity pool algorithm and the marketing budget, at 3.27% respectively.

Who Are the Founders of Gravitoken?

Gravitoken (GRV) was launched in July 2021 on the Binance Smart Chain (BSC). Lately, numerous projects are leaning towards anonymity, Gravitoken is no exception. The founder of the project is part of the development team, however, his name is not common knowledge.

​​All that is known to the public is that Gravitoken is the brainchild of three friends who head three departments of the company. The main developer has a PhD in mathematics and an established record of working in quantitative finance; the creative leader boasts an impressive background in website building and brand assets; the marketing executive has ten years of experience in digital marketing and machine learning software for FTSE 100 companies.

What Makes Gravitoken Unique?

9.81% of the token involved in every transaction is collected and redistributed among three features: Fusion, Antimatter and Marketing. GRV is built into a smart contract that uses the automatic liquidity pool algorithm — Fusion, and the constant growth of the token price is ensured by the Antimatter function.

The company's mission is to lower barriers to entry and make cryptocurrency affordable. The goal of the developers is to minimize price movements.

Gravitoken chooses rebasing in order to rise in price without gravity, at a minimum rate (9.81%) and every 8 hours. Rebasing a currency does not affect the exchange rate, but the action can have a psychological impact on users, and reducing the number of zeros has a beneficial effect on the image of Gravitoken.

The project stands out due to its mechanism. Gravitoken guarantees a constant minimum price increase until the price reaches the target. The process is fully automated, and the initial liquidity is locked. To get a smooth and continuous rise in prices, the rebasing mechanism can be called every hour.

Once the price reaches the ceiling of $1,337,000, the Gravitoken (GRV) becomes a stablecoin.

Read about Ariva (ARV) and Kalata (KALA).

What are the main use cases for stablecoins? Let’s go over the crypto basics with CoinMarketCap Alexandria.

What is a Liquidity Pool? Learn more on our educational portal.

What is Binance Smart Chain (BSC) and how does it work? Click here and find out.

How to keep your crypto safe? Check out our series of tips and resources for protecting your cryptoassets.

How Many Gravitoken (GRV) Coins Are There in Circulation?

Gravitoken (GRV) is a gravity-free rebasing, autonomous, community token built on the Binance Smart Chain with 1 quadrillion $GRV in existence.

Gravitoken uses three functions to reward GRV holders. Transaction tax (9.81%) is levied on every transaction (buy or sell) and is allocated to LP acquisition, token redemption and marketing.

Gravitoken applies negative rebasing, whereby the total token supply is reduced, however, for GRV holders, the percentage of market capitalization is retained.

Thus, a 9.81% transaction tax is shared between:

Fusion LP is acquired: a 3.27% commission is taken from each transaction and added to the GRV/BNB liquidity pool. The function creates a solid price flood and provides part of the volume for token holders.

Antimatter: another 3.27% from each transaction is directed to the strategic buyback of tokens and their burning, the function is carried out automatically, increases the price and protects against volatility.

Marketing: 3.27% of the commission is allocated to support the growth of the Gravitoken community.

The listed functions provide a deep pool of liquidity, stabilize the GRV price and create a reliable price floor. Owners of GRV tokens are rewarded by reducing circulating supply and statically increasing the value of tokens. Finally, a strong marketing budget is helping to grow and develop the Gravitoken community.

How Is the Gravitoken Network Secured?

Gravitoken (GRV) is a BEP-20 token on the BSC. GRV is secured through the proof-of-stake (PoS) consensus mechanism. Furthermore, Gravitoken has successfully completed an audit by MythX — a smart contract security service, and the contract audit is available on the website.

Where Can You Buy Gravitoken (GRV)?

As of October 2021, Gravitoken is available for purchase on the GRV DApp. You can also buy $GRV on a decentralized exchange — PancakeSwap (V2) and observe the price rise by 9.81% every 8 hours, while the amount of tokens in your wallet is proportionally depleted.

Find out more about how to buy BTC, BNB and other cryptocurrencies like GRV by reading our dedicated crypto educational portal — CoinMarketCap Alexandria.

GRV to USD Converter

converter-coin-logo

GRV

Gravitoken

converter-coin-logo

USD

United States Dollar

GRV Price Statistics

Gravitoken Price Today
Gravitoken Price$1,346,946.11
Price Change24h$64,842.96
5.06%
24h Low / 24h High
$1,254,984.82 /
$1,352,930.22
Trading Volume24h$43,389.65
37.66%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#4427
Gravitoken Market Cap
Market CapNo Data
Fully Diluted Market Cap$1,316,332,039,417,458,688.00
34.58%
Gravitoken Price Yesterday
Yesterday's Low / High
$1,254,984.82 /
$1,350,365.16
Yesterday's Open / Close
$1,299,427.99 /
$1,344,361.53
Yesterday's Change

3.46%

Yesterday's Volume$104,672.20
Gravitoken Price History
7d Low / 7d High
$1,228,156.99 /
$1,781,078.16
30d Low / 30d High
$14.18 /
$1,781,078.16
90d Low / 90d High
$0.00000068 /
$1,781,078.16
52 Week Low / 52 Week High
$0.00000068 /
$1,781,078.16
All Time High
Oct 22, 2021 (4 days ago)
$1,781,078.16
24.37%
All Time Low
Sep 15, 2021 (a month ago)
$0.00000068
198080310460930.69%
Gravitoken ROI
No Data
Gravitoken Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max SupplyNo Data