GravitX (GRX) Surges By Over 219% in The Last 24 Hours

The GravitX (GRX) token is having some incredible run as it surged by over 219% in the last 24 hours.


GravitX price today is $0.2079, at press time, according to CoinMarketCap. With this price surge, the token also saw a jump in its 24 hours trading volume, which rose to $1,356,923.


GravitX (GRX) Surges By Over 219% in The Last 24 Hours
GravityX (GRX/USDT) | Image: GravityX

This means GravitX is up by over 219% in the last 24 hours. On September 25, GRX coin was trading at $0.018. But on September 26, GravitX coin skyrocketed to around $0.17 before retracing a bit. The coin didn't stop there as it kept its run to a new all-time high of over $0.2618 on September 27.


According to the GravitX website, GRX is an elastic supply token built on the Binance smart chain (BSC). Moreover, the team said that the GravitX coin is designed to rise by a minimum of 12% every 8 hours, adding that this is the best rate of rising guarantee users can find.


Further, the team explained how the GRX token works. The team said that an elastic supply token operates like the circulating supply that expands or contracts because of changes in token price. This mechanism is called re-basing. It means the supply of the token is raised or lowered due to the current price of each token.