Gram Silver

GRAMS Price

What is Gram Silver about?

Launched in November 2022, Gram Silver Token (GRAMS) is an asset-backed token redeemable 1:1 for 1 gram of silver. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by silver on the blockchain at a 1:1 ratio and indexed to the price of silver. For every GRAMS created, an equivalent amount of physical silver is held as collateral in the company's reserves.

What makes Gram Silver unique?

GRAMS 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 silver transaction limits in the market, there are no minimum transaction limits for GRAMS transactions.

What's the history of Gram Silver?

GRAMS 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.

What's next for Gram Silver?

As the demand for GRAMS tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical grams of silver to its reserves for each GRAMS token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between grams of silver and GRAMS is maintained whilst keeping the market in balance between supply and demand.

What can Gram Silver be used for?

Thanks to the mint-and-burn mechanism, the price of GRAMS is always in equilibrium with the price of the physical gram of silver. A coin burn function is built into the blockchain's smart contract to remove a predetermined amount of GRAMS tokens from circulation when needed, ensuring a balance between GRAMS and the gram of silver.

Where can you buy Gram Silver?

GRAMS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Gram Silver is Bitlo, where the most active trading pair GRAMS/TRY has a trading volume of $2,707.75 in the last 24 hours.

What is the daily trading volume of Gram Silver (GRAMS)?

The trading volume of Gram Silver (GRAMS) is $3,197.38 in the last 24 hours, representing a -38.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Gram Silver (GRAMS)?

Gram Silver (GRAMS) reached an all-time high of $3.88 and an all-time low of $0.7160. It’s now trading -49.10% below that peak and 176.10% above its lowest price.

What is the fully diluted valuation of Gram Silver (GRAMS)?

The fully diluted valuation (FDV) of Gram Silver (GRAMS) is $7,215,318. This is a statistical representation of the maximum market cap, assuming total number of 3.7 Million ETH tokens are in circulation today.

How does the price performance of Gram Silver compare against its peers?

With a price increase of 0.00% in the last 7 days, Gram Silver (GRAMS) is underperforming the global cryptocurrency market which is up 1.70%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 0.60%.

How to add Gram Silver (GRAMS) to MetaMask?

Adding Gram Silver (GRAMS) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GRAMS as a token. You can copy GRAMS’s contract address (0x97cf07b5401b76d69bf48a4f6fdf63684e0748e0) and import it manually, or if you've installed MetaMask's chrome extension, add GRAMS to MetaMask with one click on CoinGecko.

Add GRAMS to MetaMask.