Grin (GRIN) Reaches Market Cap of $2.43 Million

Grin (GRIN) traded up 5.3% against the dollar during the twenty-four hour period ending at 13:00 PM ET on November 5th. One Grin coin can now be purchased for approximately $0.0248 or 0.00000035 BTC on exchanges. In the last week, Grin has traded down 11.7% against the dollar. Grin has a market cap of $2.43 million and $6,637.30 worth of Grin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 3.6% against the dollar and now trades at $70,053.58 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 11% higher against the dollar and now trades at $0.18 or 0.00000251 BTC.
• Bitcoin Cash (BCH) traded 2.3% higher against the dollar and now trades at $343.45 or 0.00490274 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.05 or 0.00008642 BTC.
• Litecoin (LTC) traded up 0.2% against the dollar and now trades at $66.69 or 0.00095194 BTC.
• Monero (XMR) traded down 0.1% against the dollar and now trades at $161.06 or 0.00229914 BTC.
• Ethereum Classic (ETC) traded up 2.9% against the dollar and now trades at $18.27 or 0.00026082 BTC.
• Bitcoin SV (BSV) traded 3.7% higher against the dollar and now trades at $47.42 or 0.00067687 BTC.
• Arweave (AR) traded 3% higher against the dollar and now trades at $13.87 or 0.00019802 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin Profile

Grin (CRYPTO: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 98,212,860 coins. The Reddit community for Grin is https://reddit.com/r/grincoin and the currency’s Github account can be viewed here. The official website for Grin is grin.mw. The official message board for Grin is forum.grin.mw. Grin’s official Twitter account is @grin_privacy and its Facebook page is accessible 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.”

Buying and Selling Grin

It is usually not presently possible to buy alternative cryptocurrencies such as Grin directly using US dollars. Investors seeking to trade Grin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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