Grid+ (GRID) Live Price Chart & History

Live GRID / USD Price Chart

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Price USD 5.9%
$0.631812
Price BTC
0.00006606
Volatility (7d)
2.52 %
Volatility (30d)
3.49 %
Market Cap USD
$24.8M
Market Share
Since launching at $0.560287 on 01/11/2017 Grid+ has achieved a price of $0.631812, rising 14.55% in the last week alone.

Grid+ Price Analysis: Predictions and Forecasts

Why buy Grid+? What is it used for?

Grid+ created a computer (called Grid+ Smart agent) with natively integrated hardware and software for the Ethereum protocol, that pays for a customer's electricity usage in real time. Grid+ operates with a two-ERC20 token model. The BOLT token, required to use the Grid+ platform is treated as a stable-coin. It's redeemable by customers for $1 worth of energy from Grid* and backed by USD deposits. The GRID token allows Grid+ customers to purchase electricity from Grid+ at wholesale price... In the past ten years the cost of distributed energy resources (DERs) such as solar panels and wind turbines has decreased significantly. This has led to expeditious and widespread adoption. Additionally, battery prices are rapidly decreasing, making them economically viable to supplement variable generation renewable resources by storing energy for the electrical grid. The confluence of these developments has created an emergent electrical grid where the means of production are less centralized and the control systems are less likely to be strictly top-down. The concept of independently owned and controlled DERs is known as the transactive energy grid. The transactive grid promises to increase durability of the electrical grid while simultaneously increasing efficiency and enabling the adoption of more renewable energy. However, the distributed nature of the transactive grid poses two major challenges primarily related to technical control and grid administration. Both challenges can potentially be addressed using a blockchain. The ConsenSys energy team has several years of experience building and demonstrating proof-of-concept blockchain-based distributed energy resource management solutions. Through this experience, ConsenSys identified the opportunity to form Grid+, which will build natively Ethereum-based utilities in deregulated markets. Grid+ will demonstrate production ready blockchain-based energy solutions at scale in competitive commercial environments. In doing so, Grid+ will enable the transactive grid of the future while proving the advantages of Ethereum over incumbent technologies. Grid+ is developing a hardware and software stack to create a secure Ethereum enabled gateway and connect Internet-of-Things (IoT) devices. The hardware gateway, or “smart energy agent”, is an Internet-enabled, always-on appliance which will securely store cryptocurrencies and process payments for electricity in real-time. The agent will also programmatically buy and sell electricity on behalf of the user and intelligently manage smart loads (e.g. Tesla Powerwall or Nest thermostat). The software stack will work in conjunction with the smart energy agent to make payments using a combination of Grid+ designed payment-channels and a Raiden network hub (when available). Grid+ is developing a system architecture that allows a typical user to leverage cryptocurrencies while remaining unaware of it’s use. Interestingly, the implementation of a secure, always-on system with low friction payment rails provides a missing piece of critical infrastructure in the broader cryptocurrency ecosystem. The Grid+ infrastructure has many uses beyond electricity and will be key to enabling the widespread adoption of cryptocurrencies.
Grid+ was launched in 01/11/2017. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the N/A algorithm. Grid+'s goals include Retailers (the 4th party in power transmission) charges high premiums to users for electricity. Grid+ offers a better, decentralized ecosystem which would mean users pay for what they use without premiums..

Trading Grid+ : The Best Platforms to trade GRID

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Risk Warning: Your capital is at risk

Grid+ Trading: How To Buy + Trade GRID

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a Grid+ wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades GRID
  5. Exchange your BTC, ETH or LTC for an amount of GRID, depending on the current exchange rate
  6. Move your Grid+ coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading GRID on an exchange

As you can see, the process for trading Grid+ is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Grid+ crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Grid+ goes to zero

You can see our list of featured trading platforms here

Will the price Grid+ fall continue to rise?

It's impossible to predict for sure if Grid+ is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Grid+ has risen by 14.55%
  • In the past month it has gained 21.967619104634%
  • In total it has appreciated by $0.071525 since its inception, a change of 112.77%

Can Grid+ reach, replace, pass or overtake bitcoin?

At present Grid+ is trading at 0.00006606 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 1,513,775.4%. If we assume Grid+ continued to as it has in the last month - with a price change of 21.97% it would take 4.2278068427326 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of GRID is going to take off and increase in price to a higher level we've done the math for you.
In order for Grid+ to reach $1.00 it needs to increase in price by a factor of 1.58x. Given its present growth rate of 21.97% per month, it could take just 2.1 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week17.1%82.8%
1 month32.3%67.6%
3 months39.5%60.4%
6 months42.5%57.4%
1 year44.7%55.2%
2 years46.2%53.7%
3 years46.9%53%
4 years47.3%52.6%
5 years47.6%52.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $5.00 it needs to increase in price by a factor of 7.91x. Given its present growth rate of 21.97% per month, it could take just 9.3 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%99.9%
1 month1.9%98%
3 months11.6%88.3%
6 months19.9%80%
1 year27.6%72.3%
2 years33.7%66.2%
3 years36.6%63.3%
4 years38.3%61.6%
5 years39.5%60.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $10.00 it needs to increase in price by a factor of 15.83x. Given its present growth rate of 21.97% per month, it could take just 1.0 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0.2%99.7%
3 months5.5%94.4%
6 months12.9%87%
1 year21.4%78.5%
2 years28.7%71.2%
3 years32.3%67.6%
4 years34.6%65.3%
5 years36.1%63.8%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $15.00 it needs to increase in price by a factor of 23.74x. Given its present growth rate of 21.97% per month, it could take just 1.2 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%99.9%
3 months3.3%96.6%
6 months9.8%90.1%
1 year18.2%81.7%
2 years26%73.9%
3 years30%69.9%
4 years32.4%67.5%
5 years34.2%65.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $25.00 it needs to increase in price by a factor of 39.57x. Given its present growth rate of 21.97% per month, it could take just 1.4 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months1.6%98.3%
6 months6.6%93.3%
1 year14.5%85.4%
2 years22.8%77.1%
3 years27.1%72.8%
4 years29.9%70%
5 years31.8%68.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $50.00 it needs to increase in price by a factor of 79.14x. Given its present growth rate of 21.97% per month, it could take just 1.6 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%99.9%
3 months0.5%99.4%
6 months3.7%96.2%
1 year10.5%89.4%
2 years18.7%81.2%
3 years23.4%76.5%
4 years26.5%73.4%
5 years28.7%71.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $100.00 it needs to increase in price by a factor of 158.27x. Given its present growth rate of 21.97% per month, it could take just 1.9 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0.1%99.8%
6 months1.9%98%
1 year7.3%92.6%
2 years15.2%84.7%
3 years20.1%79.8%
4 years23.4%76.5%
5 years25.8%74.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $200.00 it needs to increase in price by a factor of 316.55x. Given its present growth rate of 21.97% per month, it could take just 2.1 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.9%99%
1 year4.9%95%
2 years12.1%87.8%
3 years17%82.9%
4 years20.4%79.5%
5 years23%76.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Grid+ to reach $300.00 it needs to increase in price by a factor of 474.82x. Given its present growth rate of 21.97% per month, it could take just 2.3 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.5%99.4%
1 year3.8%96.1%
2 years10.5%89.4%
3 years15.3%84.6%
4 years18.8%81.1%
5 years21.4%78.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Grid+ a good investment? Is it safe to put my money into GRID?

No, it is not a 'good investment' to buy Grid+, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Grid+ as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of GRID - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

Grid+ Development + Team

There are 3 developers coding the source behind Grid+ There are no sales or marketing staff on the team which could impede the coin's growth.

Grid+ doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for Grid+ is lead by Mark DAgostino,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Grid+'s development

.

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