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Why did the GR coin grow 250 times?

The beginning of 2021 was very successful for the cryptocurrency industry, with thousands of coins growing by one hundred percent. The altcoin season helped grow even those coins that were nothing at all. However, among this abundance, there is a coin that began to grow long before last year’s surge. Its growth occurred not because the entire market was growing, but because there was greater demand. This is the GR coin.

GR (GROM) is a native token of the analytical service Profit Chief, founded by Pavel Gromov, a well-known trader in the Russian crypto community. The token was launched in October 2020. During this time, it managed to increase its price 250 times. The GR token is used to pay for services on the Profit Chief platform:

  • Subscription to trading signals.
  • Insurance against the fall of the exchange rate of bitcoin.
  • Investment notes.

The question remains unanswered: where did such dizzying growth come from? The following factors contributed to the GR price rally.

  1. The creator of the coin is the well-known Russian trader Pavel Gromov. Even before the launch of the Profit Chief service, he was the author and owner of the Telegram channels «« Chief on Crypt »,« Altsezon »,« Margin »and a few months ago he created a channel called« Gromov says «, which was dedicated to traditional markets. The total audience of the channels exceeds 100K subscribers. Such an impressive audience is the loyal community that Gromov has created around him. The community trusts him and uses his services.
  2. The project community is growing and thanks to this, the demand for GR tokens is only increasing. In addition, Profit Chief customers are satisfied with the services provided, as they often leave comments about it, which can be found here.
  3. The Profit Chief service complies one year in March. During this time a long way has come: from the provision of trading signals to the implementation of insurance for cryptocurrencies and investment notes. In the future, Pavel Gromov plans to launch crypto loans, a private exchange and a platform for forecasts in the cryptocurrency market. These are just some of the upcoming goals.
  4. Since the service has been in operation for almost a year, its activities could not pass without a trace. There are many useful, educational and analytical articles by Pavel Gromov, as well as opinions about the Profit Chief service in the major crypto outlets: Coinspot, Keyprofit, Investfuture.
  5. All plans and goals established by the Profit Chief service were successfully implemented.

The GR token, before six months of existence, was included in the list of cryptocurrencies on the services CoinMarketCap and CoinGecko, as well as added to the hardware wallet Trezor and the desktop version of MyEtherWallet.

And finally, the most important thing: after the growth of 250 times, few get rid of the GR token. The volatility of the token corresponds to the general dynamics of the market, which indicates its sustainability and resilience.

Currently, the GR token can only be purchased on the decentralized exchange Uniswap. However, it will be listed on the cryptocurrency exchange Bitcoin.com very soon. In addition, the Profit Chief service is preparing for the launch of the stablecoin GRB, which will be used in the new ‘Private Exchange’ service to support the ‘crypto-fiat’ gateway.

From 10 to March 11, 2021, the AirDrop of the stablecoin GRB will take place on the exchange Bitcoin.com. To participate in AirDrop, you must have an account on the Bitcoin.com exchange, where the GRB stablecoins will be credited, and be a GR token holder. The more GR tokens in your balance, the more GRB will be credited. In the near future, both tokens will be listed on exchanges and other markets.

Disclaimer: The content and links provided in this article are for informational purposes only. CriptoNoticias does not offer legal, financial or investment recommendations or advice, nor does it substitute the due diligence of each interested party. CriptoNoticias does not endorse any investment or similar offer promoted here. Click here for more information.

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Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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