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Garlicoin - Memes, Crypto, Games and More News

Garlicoin - Memes, Games and More
Garlicoin

Garlicoin - Memes, Games and More

Ethereum taught us that a cryptocurrency that can actually be used for something has a high success rate. Live since 2018, Garlicoin has launched Discord and Reddit tipbots, delicious memes, a paid service, a free faucet, and many more tools for its user base and ecosystem. So what is GRLC all about?

After Ethereum introduced us to the power of utility, Dogecoin showed us that a cryptocurrency can be fun and friendly, and that the more entertaining a cryptocurrency is, the higher the success rate it has. So Garlicoin is spicing up the game with some garlic bread, some awesome memes, and games that everyone can love and appreciate.

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How Garlicoin Works
Garlicoin Started with a Meme
Where to find GRLC
Garlicoin and Games
GRLC Price Live Data

How Garlicoin Works

To build Garlicoin, the team behind the project created a Litecoin fork and adjusted it to suit their needs. On top of that fork, they built a proof-of-work blockchain that allows miners to utilize basic hardware CPU and GPU mining, but prevents ASIC devices from joining the network.

Garlicoin's code also integrates Dash's DWG difficulty setting mechanism and can provide a lock time of just 40 seconds.

The cryptocurrency is capped at 69,000,000 GRLC to create scarcity in the market. Additionally, as miners release the coins as mining rewards, the rewards are halved every 690,000 blocks to avoid flooding the market.

Garlicoin Started with a Meme

Just as Dogecoin built its brand around the doge meme, Garlicoin (GRLC) built its brand around garlic bread. But why build a garlic bread cryptocurrency? The answer is obvious: for the divine taste it has.

Joking aside, a few years ago, the garlic bread meme went viral. At the end of 2017, when Bitcoin and the entire cryptocurrency market attracted attention due to its growth, Reddit user DigitalizedOrange proposed to build a cryptocurrency based on garlic bread.

He posted a post titled, "If this post gets 30,000 upvotes, I'll make a garlic bread cryptocurrency called Garlicoin," and before long, he got the upvotes and support to move forward with the project. In January 2018, Garlicoin was active.

Where to find GRLC

The biggest impediment that the growth of a cryptocurrency can have is access to markets and exchanges. Therefore, the project team, as well as community volunteers, worked overtime to include GRLC in more exchanges.

Now, Garlicoin can be traded on:

  • Txbit.io;
  • Pancakeswap;
  • Tradeogre;
  • Crex24;
  • FreiExchange.

Also Read - Top 5 Popular Meme Tokens Can Make Us Rich in near Future

And as we speak, community members are still crowdfunding to access more cryptocurrency exchanges.

Garlicoin and Games

The Garlicoin team and community didn't just work to drop the tastiest memes and show up on exchanges. They also created Discord and Reddit tipbots, a paid service, a free faucet, and many more tools for GRLC users.

Additionally, the ecosystem is now linked to Garlic, the retro game featured on Steam. Garlicoin fans can have fun playing the game and take part in monthly challenges to win up to $ 100.

The plan is that in 2022, Garlicoin will become more involved with the gaming community by launching a game that integrates GRLC and participating in competitions.

And with that dynamic, the Garlicoin community will grow faster, which may cause the price of GRLC to go parabolic in the short term. At the moment, the Reddit community is home to more than 101,000 members.

 GRLC Price Live Data

The live Garlicoin price today is $0.074390 USD with a 24-hour trading volume of $2,833.03 USD. Garlicoin is up 6.77% in the last 24 hours. The current CoinMarketCap ranking is #1034, with a live market cap of $4,753,203 USD. It has a circulating supply of 63,896,100 GRLC coins and a max. supply of 69,000,000 GRLC coins.

SourceCoinMarketCap, Data was taken on 26 June 2021

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