The live price of GROK is $0.01622 per (GROK / USD) today with a current market cap of $341,555.37 USD. The 24-hour trading volume is $9.32M USD. GROK to USD price is updated in real time. It has a total supply of 21.00M .
GROK is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.
GROK: What Is It and How Does It Work?
GROK - An Overview
The Bitcoin blockchain has an inscription token called GROK that utilizes the Ordinals protocol. The total supply of bitcoins is 21 million, and each coin can be subdivided into 100 million satoshis. This creates a total of 2100 trillion satoshis. By using the Ordinals protocol, inscriptions can be written to each satoshi, including text, pictures, audio, video, and other types of content.
GROK is a mintable token with a total supply of 21,000,000. This design makes it a popular choice for trading and investment, especially for individuals interested in meme tokens.
What Is BRC-20?
The BRC-20 standard is a novel token framework introduced for Bitcoin, leveraging Ordinals and Inscriptions, devised by an anonymous developer in March 2023. It marks a pivotal evolution within the Bitcoin ecosystem by enabling the creation of fungible tokens on its blockchain. BRC-20 diverges from traditional Ethereum-based tokens by embedding script files directly onto the Bitcoin network, thus facilitating a new method for token generation and exchange. With a simplified functionality focusing on deployment, minting, and transfer, the BRC-20 has already seen over 17,000 tokens minted by January 2024, showcasing its growing influence.
Master Bitget spot trading with ease! Explore The Uncensored Guide To Bitget Spot Trading and transform your trading skills now!
For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully. Begin your crypto journey by visiting Bitget Academy's website today!
The BRC-20 inscription tokens GROK are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase GROK, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase GROK on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=GROK or ordinalswallet.com/brc20/GROK. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.
Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.
You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.
