Gram Platinum Price GRAMP
$35.05
+2.75%
24H Low $34.09
$35.19 24H High
About Gram Platinum (GRAMP)
Launched in November 2022, Gram Platinum Token (GRAMP) is an asset-backed token redeemable 1:1 for 1 gram of platinum. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by platinum on the blockchain at a 1:1 ratio and indexed to the price of platinum. For every GRAMP created, an equivalent amount of physical platinum is held as collateral in the company's reserves.
GRAMP 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 geographical boundaries. Unlike platinum transaction limits in the market, there are no minimum transaction limits for GRAMP transactions.
GRAMP transactions are executed instantly and any amount of GRAMP tokens can be converted to fiat currencies, ensuring quick and efficient transactions.
GRAMP 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 the demand for GRAMP tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical grams of platinum to its reserves for each GRAMP token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between grams of platinum and GRAMP is maintained whilst keeping the market in balance between supply and demand.
And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of GRAMP tokens from circulation when needed, ensuring a balance between GRAMP and the gram of platinum. Thanks to this mint-and-burn mechanism, the price of GRAMP is always in equilibrium with the price of the physical gram of platinum.
24H Volume$5.42K
All-Time High(ATH)$36.17
All-Time Low(ATL)$28.38
Market Cap--
Fully Diluted Valuation$148.96K
Market Cap/FDV--
Circulating Supply-- GRAMP
Total Supply4.25K GRAMP
Max Supply-- GRAMP
Market SentimentPositive
* Data from 3rd parties
Gram Platinum (GRAMP) Price Trends
Time period | Change amount | % Change |
|---|---|---|
| 1H | $0.005256 | +0.015% |
| 24H | $0.938 | +2.75% |
| 7D | $1.23 | +3.66% |
| 30D | $1.75 | +5.27% |
| 1Y | -- | 0% |
Live Gram Platinum (GRAMP) Price Update
Gram Platinum price today is $35.05 with a 24-hour trading volume of $5.42K, and as such Gram Platinum has a market cap of --, giving it a market dominance of 0.0000054%. The Gram Platinum price moved +2.75% in the last 24 hours.
Gram Platinum reached its highest price on 2024-05-19 when it was trading at its all-time high of $36.17, while its lowest price was recorded on 2024-02-13 when it was trading at its all-time low of $28.38. The current lowest price since the last cycle high was $28.38, and the highest price since the last cycle low was $36.17. The social sentiment of Gram Platinum is currently Neutral.
FAQs: Gram Platinum (GRAMP) Price
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Gram Platinum Tokenomics
Gram Platinum Data Analysis
Fund Flow Percentage
Net Main Inflow
--
Net Retail Inflow
--
Market Sentiment
--
Sell
No record | ||
Fund Flow Analysis
Small Orders
Net Inflow ($)
--
Inflow ($)-
Outflow ($)-
Medium Orders
Net Inflow ($)
--
Inflow ($)-
Outflow ($)-
Large Orders
Net Inflow ($)
--
Inflow ($)-
Outflow ($)-
Funds Flow Record
Transfer Time | Inflow ($) | Outflow ($) | Net Inflow ($) |
|---|---|---|---|
No record | |||
Holding Distribution
| Top 5 Address | Total |
|---|---|
Others | 100.00% |
Gram Platinum (GRAMP) Announcements
MoreNo record
Date | Market Cap | Volume | Open | Close |
|---|---|---|---|---|
| 2024-09-19 | -- | 139.43 GRAMP | $34.79 | N/A |
| 2024-09-18 | -- | 153.80 GRAMP | $34.22 | $34.79 |
| 2024-09-17 | -- | 122.99 GRAMP | $33.81 | $34.22 |
| 2024-09-16 | -- | 139.98 GRAMP | $34.15 | $33.81 |
| 2024-09-15 | -- | 129.51 GRAMP | $34.23 | $34.15 |
| 2024-09-14 | -- | 130.51 GRAMP | $34.23 | $34.23 |
| 2024-09-13 | -- | 148.86 GRAMP | $33.93 | $34.23 |