Grin Market Cap Hits $2.74 Million (GRIN)

Grin (GRIN) traded 0.9% higher against the dollar during the twenty-four hour period ending at 18:00 PM E.T. on August 1st. Over the last seven days, Grin has traded 0.6% lower against the dollar. Grin has a market capitalization of $2.74 million and $128,019.97 worth of Grin was traded on exchanges in the last 24 hours. One Grin coin can now be purchased for about $0.0279 or 0.00000043 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $64,854.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.3% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $411.72 or 0.00635090 BTC.
• UNUS SED LEO (LEO) traded up 1.7% against the dollar and now trades at $5.80 or 0.00008943 BTC.
• Litecoin (LTC) traded down 2.5% against the dollar and now trades at $68.84 or 0.00106188 BTC.
• Ethereum Classic (ETC) traded 2% lower against the dollar and now trades at $21.37 or 0.00032964 BTC.
• Monero (XMR) traded 1% lower against the dollar and now trades at $155.66 or 0.00240106 BTC.
• Arweave (AR) traded 8% lower against the dollar and now trades at $27.27 or 0.00042064 BTC.
• Bitcoin SV (BSV) traded down 4.8% against the dollar and now trades at $47.56 or 0.00073356 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin Coin Profile

Grin (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. 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. 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.

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 trade Grin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly 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