2841 cryptocurrencies
Todays Market Cap $294,628,034,390
Todays Volume $1,673,030,712

Groestlcoin forecast Groestlcoin Forecast

$0.55
$-0.0028 (-0.50%)

Groestlcoin Price Predictions

Groestlcoin(GRS) opened trading today at $0.55. It achieved a Market high of $0.57 and a subsequent Market low of $0.52, Representing a change of $-0.0028 and price percentage change of -0.50% . Its current Price is $0.55 representing a market share of 0.01% only.

A total volumn of $0 worth of Groestlcoin traded hands today, achieving a Maximum Mkt Cap of $39,176,152 for the day.

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Price forecasts:
Many people are looking to invest in digital assets (including Groestlcoin) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Groestlcoin as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.

With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Groestlcoin has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.

Groestlcoin is currently trading around $0.55. The forecast for the Groestlcoin cryptocurrency by the end of year 2018 is around $0.57 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Groestlcoin to know its strength).

Furthermore, the five-year forecast for Groestlcoin is around $0.57 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.

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Detailed GRS Price Predictions Videos:



Groestlcoin Fundamental Analysis

Groestlcoin FA Videos


Watch someone smart explain what Groestlcoin is and the problem it aims to solve. This should help you make an informed decision to invest or not..




It is a cryptocurrency utilizing Proof of Work – No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future.

- Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance. – With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level.

- The extra added value of Groestl is that the “richer advantage” (owning several GPU) is less interesting with Groestl; so fairer.

- Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous.

- Through an innovative algorithm, the Groestlcoin network consumes far less energy, maintains stronger security, and rewards miners in more sustainable ways than sha256, scrypt, x11 and x13 based coins. – Grostl will be the new greener home of GPU miners as it offers greater hashing results with less energy and heat.

- They strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. They highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution.

The name "Grøstl" is a multilingual play-on-words, referring to an Austrian dish usually made of leftover potatoes and pork, cut into slices. These are roasted on a pan together with onions and butterfat. The dish is often seasoned with salt, pepper, marjoram, cumin, and parsley, and served with a fried egg or kraut (cabbage). Hence, gröstl is somewhat similar to the American dish called hash. The letter ‘ö’ was replaced by ‘ø’, which is a letter in the Danish alphabet that is pronounced in the same way as ‘ö’. This way, the name, like the hash function itself, contains a mix of Austrian and Danish influences. The pronunciation of Grøstl may seem challenging. If you think so, then think of the letter ‘ø’ as the ‘i’ in "bird". This letter is a so-called close-mid front rounded vowel.

Groestl Specifications White Paper

- Is a cryptocurrency utilizing Proof of Work

- No ASIC currently exists for Groestl & it is unlikely that one will be developed for it anytime soon. GroestlCoin will be ASIC-free for the foreseeable future.

- Through these features GroestlCoin embodies the fairly distributed & decentralized nature of Cryptocurrency. Anyone can mine effectively, with minimal resource consumption and nuisance.

- With the influx of ASICs we thought decentralized mining will soon be dead, with GroestlCoin it is reborn and taken to another level.

- The extra added value of Groestl is that the "richer advantage" (owning several GPU) is less interesting with Groestl; so fairer.

- Stands for democratization of currency and mining, the ability to send and receive money immediately anywhere in the world, to not pay expensive banking fees, and to transact in an environment that is secure and anonymous.

- Through an innovative algorithm, the Groestlcoin network consumes far less energy, maintains stronger security, and rewards miners in more sustainable ways than sha256, scrypt, x11 and x13 based coins.

- Grostl will be the new greener home of GPU miners as it offers greater hashing results with less energy and heat.

- We strive to make groestlcoin available to the masses. Innovative and user friendly, accessible for everyone. We highly value integrity and transparency. Digital currencies are the future and Groestlcoin will be one of the leaders in this revolution.

About the algorithm:

- Is an iterated hash function, where the compression function is built from two fixed, large, different permutations. The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.

- Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) - Groestl makes wide range of trade-offs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, groestl performs well on older GPU’s as well as CPU’s.

- Is the single most efficient algorithm for GPUs in the cryptocurrency market. It has been shown to have the lowest power consumption, heat and noise of recently released algorithms, allowing for a quieter and more effective mining environment. 

- Is set to be the future of mining, Groestlcoin is proud to be the first to utilize this new efficient algorithm.

- Is a recently proposed cryptographic hash algorithm that has common structure and features with the Advanced Encryption Standard (AES). The objective of this paper is to present the design of a high speed joint implementation of Grøstl and AES with minimal resources using a pipelining method. The advantage of this implementation is that it efficiently provides both cryptographic hash function and block cipher. The system is targeted to the Altera Cyclone IV FPGA. The paper presents a complete description of the design and implementation, as well as an analysis of the resulting synthesis and comparison to other proposed implementations of the Grøstl hash function.

- Is a byte-oriented SP-network which borrows components from the AES. The S-box (substitution-box) used is identical to the one used in the block cipher AES and the diffusion layers are constructed in a similar manner to those of the AES. As a consequence there is a very strong confusion and diffusion in Grøstl.

- Is a so-called wide-pipe construction where the size of the internal state is significantly larger than the size of the output. This has the effect that all known, generic attacks on the hash function are made much more difficult.

- Has good performance on a wide range of different platforms and counter-measures against side-channel attacks are well-understood from similar work on the AES.

About the AES acceleration:

The compression function f is based on a pair of 256- or 512-bit permutation functions P and Q, and is defined as:

f(h, m) = P(h ⊕ m) ⊕ Q(m) ⊕ h

The permutation functions P and Q are heavily based on the Rijndael (AES) block cipher, but operate on 8×8 or 8×16 arrays of bytes, rather than 4×4. Like AES, each round consists of four operations:

1.AddRoundKey (the Grøstl round keys are fixed, but differ between P and Q)

2.SubBytes (this uses the Rijndael S-box, allowing sharing with AES implementations)

3.ShiftBytes (expanded compared to AES, this also differs between P and Q, and 512- and 1024-bit versions)

4.MixColumns (using an 8×8 matrix rather than Rijndael's 4×4)

Grøstl divides the input into blocks and iteratively computes hi = f(hi-1, mi). However, Grøstl maintains a hash state at least twice the size of the final output (512 or 1024 bits), which is only truncated at the end of hash computation.

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Groestlcoin(GRS) Daily Trading

Market share 0.01%
24h Open $0.55
24h Low $0.52
24h High $0.57
Current Supply 71,048,096 GRS
Total Supply 10,500,000 GRS
Market cap $39,176,152
24h Volume (coin) 0 GRS
24h Volume (currency) $0
Last updated 2018-10-16 06:30:19 +01:00 BST

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Common GRS Price Prediction Questions



What is Groestlcoin’s potential future value?

GRS's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Groestlcoin is and what it does. This is because Groestlcoin's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can GRS make you one?



What is going on with Groestlcoin's price?

In order not to be too rattled, read our Fundamental analysis above on Groestlcoin to know if it’s a good hodl.



How high will Groestlcoin go?

No one really knows for sure. We however predict GRS will be 4x by end of 2018.



Why is Groestlcoin(GRS) rising today?

On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Groestlcoin to see its expected value. You can also visit Groestlcoin's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Groestlcoin website page will quickly provide you with that value.


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Why is Groestlcoin's price going down?

It’s difficult to tell right now as the daily GRS candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Groestlcoin's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Groestlcoin, Simple click the Social Button on this page, located immediately below the Price Charts.


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GRS Live Prices Data
ID Market Type Price Quantity Total
Groestlcoin Social Sentiments

Groestlcoin Daily Price History

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