Grin Achieves Market Capitalization of $7.79 Million (GRIN)

Grin (GRIN) traded 0.4% higher against the US dollar during the 24-hour period ending at 11:00 AM E.T. on January 12th. Grin has a market capitalization of $7.79 million and approximately $19.86 thousand worth of Grin was traded on exchanges in the last day. During the last week, Grin has traded down 0.1% against the US dollar. One Grin coin can currently be bought for about $0.0354 or 0.00000039 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • Arweave (AR) traded 0.9% higher against the dollar and now trades at $3.76 or 0.00004106 BTC.
  • Bitcoin (BTC) traded up 1% against the dollar and now trades at $91,660.70 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.3% higher against the dollar and now trades at $0.14 or 0.00000151 BTC.
  • Bitcoin Cash (BCH) traded down 5.4% against the dollar and now trades at $618.14 or 0.00675038 BTC.
  • Monero (XMR) traded 13.7% higher against the dollar and now trades at $578.58 or 0.00631834 BTC.
  • UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.04 or 0.00009871 BTC.
  • Zcash (ZEC) traded up 1.8% against the dollar and now trades at $399.97 or 0.00436786 BTC.
  • Litecoin (LTC) traded down 4.1% against the dollar and now trades at $77.13 or 0.00084231 BTC.
  • Ethereum Classic (ETC) traded down 0.4% against the dollar and now trades at $12.37 or 0.00013508 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin Profile

GRIN is a proof-of-work (PoW) coin that uses the C31 hashing algorithm. Its genesis date was January 15th, 2019. Grin’s total supply is 220,022,340 coins. Grin’s official Twitter account is @grin_privacy and its Facebook page is accessible here. Grin’s official message board is forum.grin.mw. The official website for Grin is grin.mw. The Reddit community for Grin is https://reddit.com/r/grincoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Grin (GRIN) is a cryptocurrency that focuses on privacy, using the Mimblewimble protocol to enhance privacy, scalability, and fungibility. It has strong privacy features, a straightforward design, and uses an independent mining approach. It is an open-source project with a community-led development process that aims to avoid centralized control. The Grin team aims to provide a secure, accessible, and truly decentralized cryptocurrency, continuously improving the protocol and expanding its adoption.”

Grin Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Grin directly using US dollars. Investors seeking to trade Grin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Grin using one of the aforementioned exchanges.

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