Not a day goes by in the cryptocurrency world without some rather unexpected market momentum. In today’s edition, it would appear there is a sudden and surprising interest in Groestlcoin. So much even that the price has more than doubled in value over the past few hours. That is primarily because of a heavily inflated trading volume, which seems to make little sense at this time.
Groestlcoin Price Surge Gains Momentum
While every cryptocurrency, token, or digital asset is an individual project first and foremost, it is always a bit unclear how things will evolve in the price department. In the case of Groestlcoin , there is a loyal community which supported this project in recent years. Even so, the GRS price never showed any real potential for more than a few hours on end. This run may turn out to be more of the same, even though its magnitude is quite bullish all across the board.
In the past 24 hours, the Groestlcoin price has risen by 142% in both USD and BTC value alike. That is rather interesting to take note of, as this altcoin has not noted such steep gains for quite some time. Because of this unexpected price rush, the value per GRS has risen to $0.5786, or nearly 15,000 Satoshi. Long-term holders will be pleased with these gains in Bitcoin value first and foremost, as that is what most altcoin traders are after these days.
The big news this week is how Groestlcoin may finally become more useful in the real world. A new partnership with PolisPay allows the altcoin to be used as a funding method for a Mastercard-themed debit card. While this development is more than interesting, all things considered, one also has to wonder how many people will make use of this functionality.
@GroestlcoinTeam just made it, now we can swipe it at bill counter #GRS #debitcard #cashlesspurchase #paywithgrs pic.twitter.com/t09VreUxe5
— CRYPTO EUROPE