Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet. GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions. GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium. And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Daily trade volume is 1,013,674 UAH.
The Gram Gold price today in UAH is 6650.64. Through the Gram Gold price history, the price ranges from 8,047.37 UAH (all time high) to 2,441.48 UAH (all time low). Gram Gold price last 24 hours fluctuated from 6,759.04 UAH (24h high) to 6,467.14 UAH (24h low).
Check the Gram Gold value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.token.com.tr/rezerv-tokenlar/gram-gold-gramg/
Block explorers: https://polygonscan.com/token/0xae55ab6a966863cb4c774ba8e6c0a37cfbea01f9 https://intel.arkm.com/explorer/token/gram-gold https://snowtrace.io/token/0xae55ab6a966863cb4c774ba8e6c0a37cfbea01f9?type=erc20&chainid=43114 https://avascan.info/blockchain/c/token/0xae55ab6a966863cb4c774ba8e6c0a37cfbea01f9
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Gram Gold live price may differ in various exchanges. Check GRAMG real-time data to make informed decisions.
You can buy Gram Gold on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell GRAMG at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Gram Gold trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Gram Gold and trade with REVENUEBOT in less than a second.
In short, only if the current value of Gram Gold will be less than the value of Gram Gold at the moment of selling in the future. The Gram Gold chart can only assist the Gram Gold value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Gram Gold value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the GRAMG supply. Check the Gram Gold live chart to see the current supply and predict how long it will take for the coins to run out.
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There are several compelling reasons for burning tokens, both technical and economic. This can easily help raise the asset. The logic is simple: the more coins there are in circulation, the lower thei...
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