Grin (GRIN) Hits Market Cap of $2.54 Million

Grin (GRIN) traded 5.9% lower against the US dollar during the 1 day period ending at 9:00 AM Eastern on October 30th. One Grin coin can now be bought for about $0.0258 or 0.00000036 BTC on cryptocurrency exchanges. Grin has a market cap of $2.54 million and approximately $13,302.18 worth of Grin was traded on exchanges in the last 24 hours. In the last week, Grin has traded down 12.4% against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $71,831.88 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 2% against the dollar and now trades at $0.17 or 0.00000237 BTC.
  • Bitcoin Cash (BCH) traded 2.7% lower against the dollar and now trades at $370.41 or 0.00515664 BTC.
  • UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.05 or 0.00008420 BTC.
  • Litecoin (LTC) traded down 0.8% against the dollar and now trades at $71.75 or 0.00099893 BTC.
  • Monero (XMR) traded down 0.7% against the dollar and now trades at $163.82 or 0.00228062 BTC.
  • Ethereum Classic (ETC) traded up 1.5% against the dollar and now trades at $19.46 or 0.00027097 BTC.
  • Arweave (AR) traded 0.9% lower against the dollar and now trades at $16.44 or 0.00022880 BTC.
  • Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $50.23 or 0.00069926 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin Coin Profile

GRIN is a proof-of-work (PoW) coin that uses the C31 hashing algorithm. It was first traded on January 15th, 2019. Grin’s total supply is 98,212,860 coins. Grin’s official website is grin.mw. 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 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 presently possible to purchase alternative cryptocurrencies such as Grin directly using US dollars. Investors seeking to trade Grin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Grin using one of the exchanges listed above.

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