Grin Achieves Market Cap of $2.37 Million (GRIN)

Grin (GRIN) traded down 3.7% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on November 3rd. Grin has a market capitalization of $2.37 million and $7,500.78 worth of Grin was traded on exchanges in the last day. One Grin coin can currently be purchased for about $0.0241 or 0.00000035 BTC on popular exchanges. In the last seven days, Grin has traded down 9.9% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $68,861.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.3% lower against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Bitcoin Cash (BCH) traded 3.8% lower against the dollar and now trades at $341.55 or 0.00495988 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $6.05 or 0.00008779 BTC.
• Litecoin (LTC) traded down 3.6% against the dollar and now trades at $66.89 or 0.00097135 BTC.
• Monero (XMR) traded up 2.2% against the dollar and now trades at $156.90 or 0.00227846 BTC.
• Ethereum Classic (ETC) traded down 1.9% against the dollar and now trades at $17.84 or 0.00025901 BTC.
• Bitcoin SV (BSV) traded down 4.8% against the dollar and now trades at $46.90 or 0.00068112 BTC.
• Arweave (AR) traded 4.5% lower against the dollar and now trades at $13.81 or 0.00020053 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 launched 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. Grin’s official website is grin.mw. Grin’s official message board is forum.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.”

Buying and Selling Grin

It is usually not possible to buy alternative cryptocurrencies such as Grin directly using U.S. dollars. Investors seeking to acquire Grin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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