Grin (GRIN) Market Cap Hits $2.48 Million

by · The Markets Daily

Grin (GRIN) traded 0.4% lower against the dollar during the 24-hour period ending at 21:00 PM E.T. on November 2nd. In the last week, Grin has traded down 8.6% against the dollar. One Grin coin can now be bought for about $0.0252 or 0.00000037 BTC on popular exchanges. Grin has a total market capitalization of $2.48 million and approximately $4,685.08 worth of Grin was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $69,005.99 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.16 or 0.00000228 BTC.
  • Bitcoin Cash (BCH) traded 0.5% higher against the dollar and now trades at $352.92 or 0.00511438 BTC.
  • UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.05 or 0.00008771 BTC.
  • Litecoin (LTC) traded down 2.7% against the dollar and now trades at $68.86 or 0.00099789 BTC.
  • Monero (XMR) traded down 1.8% against the dollar and now trades at $155.51 or 0.00225362 BTC.
  • Ethereum Classic (ETC) traded 2.3% lower against the dollar and now trades at $18.08 or 0.00026207 BTC.
  • Bitcoin SV (BSV) traded 2.7% lower against the dollar and now trades at $48.54 or 0.00070338 BTC.
  • Arweave (AR) traded 2.5% lower against the dollar and now trades at $14.37 or 0.00020822 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Grin

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 Twitter account is @grin_privacy and its Facebook page is accessible here. The Reddit community for Grin is https://reddit.com/r/grincoin and the currency’s Github account can be viewed here. The official message board for Grin is forum.grin.mw. Grin’s official website is grin.mw.

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 buy alternative cryptocurrencies such as Grin directly using U.S. dollars. Investors seeking to trade Grin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Grin using one of the exchanges listed above.

GRIN/USD price chart by TradingView