GROQ
GROQ (GROQ) Metrics
GROQ Price Chart Live
Price Chart
GROQ (GROQ)
What is GROQ?
GROQ is a cryptocurrency that serves as the native token of the GROQ blockchain project. It is primarily used for governance, allowing holders to participate in decision-making processes within the ecosystem. The GROQ token runs on its own blockchain, facilitating secure transactions and interactions within the platform. With a focus on enhancing decentralized applications, GROQ aims to empower users and developers alike in the blockchain space.
When and how did GROQ start?
GROQ was launched in 2021 and is developed by the team at Groq, a company known for its advanced computing technology. The project aims to enhance the blockchain ecosystem with its innovative approach to decentralized finance. GROQ was initially listed on several cryptocurrency exchanges shortly after its launch, contributing to its early adoption and community growth. The project has since focused on expanding its use cases and partnerships within the crypto space.
What’s coming up for GROQ?
GROQ is poised for significant advancements as it continues to execute its roadmap focused on enhancing decentralized finance (DeFi) capabilities. Upcoming features include the integration of advanced liquidity solutions and the launch of new governance tools aimed at empowering the community. Additionally, the team is actively engaging with users to gather feedback and refine future upgrades, ensuring that GROQ evolves in alignment with community goals. As the project expands, users can expect increased use cases in cross-chain transactions and enhanced staking options, positioning GROQ as a competitive player in the DeFi landscape.
What makes GROQ stand out?
GROQ stands out from other cryptocurrencies due to its unique focus on facilitating high-performance computing and AI workloads through its specialized hardware and software solutions. Unlike many cryptocurrencies that primarily serve as a medium of exchange, GROQ offers a real-world use case by enabling developers to deploy scalable applications efficiently, leveraging its advanced architecture for enhanced speed and performance. This standout technology positions GROQ as a vital player in the evolving landscape of decentralized computing.
What can you do with GROQ?
GROQ is primarily used as a utility token within the GROQ ecosystem, enabling users to participate in governance and decision-making processes. It can also be utilized for payments and staking within various DeFi apps, enhancing user engagement and rewards. Additionally, GROQ supports NFT transactions, allowing users to buy, sell, and trade digital assets seamlessly.
Is GROQ still active or relevant?
GROQ is currently active, with ongoing development and a dedicated community presence. It is still traded on various exchanges, indicating sustained interest and engagement from users. The project does not appear to be inactive or abandoned, as developers continue to release updates and enhancements.
Who is GROQ designed for?
GROQ is built for developers and businesses seeking to leverage advanced blockchain technology for scalable applications. Its target audience includes enterprises looking to integrate decentralized solutions and enhance their operational efficiency. The platform fosters a community of innovators focused on creating impactful decentralized applications and services.
How is GROQ secured?
GROQ secures its network using a unique consensus mechanism that combines Proof of Stake (PoS) with innovative validator setups, enhancing blockchain protection and ensuring robust network security. Validators play a crucial role in confirming transactions and maintaining the integrity of the blockchain, contributing to a decentralized and secure environment. This approach fosters trust and efficiency within the GROQ ecosystem.
Has GROQ faced any controversy or risks?
GROQ has faced significant challenges, including concerns over extreme volatility that can impact investor confidence. Additionally, the project has been scrutinized for potential legal issues surrounding its compliance with regulatory frameworks. While no major hacks or security incidents have been reported, the inherent risks associated with the cryptocurrency market remain a concern for investors.
GROQ (GROQ) FAQ – Key Metrics & Market Insights
Where can I buy GROQ (GROQ)?
GROQ (GROQ) is widely available on centralized and decentralized cryptocurrency exchanges.
What’s the current daily trading volume of GROQ?
As of the last 24 hours, GROQ's trading volume stands at $0.00 .
What’s GROQ’s price range history?
All-Time High (ATH): $0.000115
All-Time Low (ATL): $0.00
GROQ is currently trading ~96.99% below its ATH
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How is GROQ performing compared to the broader crypto market?
Over the past 7 days, GROQ has gained 0.00%, underperforming the overall crypto market which posted a 0.97% gain. This indicates a temporary lag in GROQ's price action relative to the broader market momentum.
Trends Market Overview
#105
90.82%
#143
-12.17%
#5
1.12%
#9421
-24.13%
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GROQ Basics
| Hardware wallet | Yes |
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Frequently Asked Questions
Similar Coins
Other coins worth interest - similar to GROQ
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 4 |  | Tether USDT | $177,489,987,743.00 | $1.000393 | $124,004,256,301.00 | 177,420,277,588 |  -0.01% | |
| 7 |  | USDC USDC | $75,711,139,532.00 | $1.000031 | $20,228,874,196.00 | 75,708,783,118 |  +0.02% | |
| 8 |  | Lido Staked Ether STETH | $44,352,931,442.00 | $4,528.40 | $33,240,786.00 | 9,794,399 |  +4.98% | |
| 12 |  | Wrapped Liquid Staked Ether 2.0 WSTETH | $19,589,032,509.00 | $5,509.14 | $24,172,460.00 | 3,555,731 |  +5.05% | |
| 13 |  | WETH WETH | $17,065,267,287.00 | $4,531.53 | $1,163,145,618.00 | 3,765,896 |  +4.97% |
GROQ Liquidity
| GROQ Price | $0.00 0.00% |
|---|---|
| 24h Volume | $0.00 0.00% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.