Grin Market Capitalization Tops $9.82 Million (GRIN)

Grin (GRIN) traded down 0.3% against the US dollar during the 1 day period ending at 10:00 AM ET on January 28th. During the last seven days, Grin has traded 2.3% lower against the US dollar. Grin has a market cap of $9.82 million and $22.34 thousand worth of Grin was traded on exchanges in the last 24 hours. One Grin coin can currently be bought for approximately $0.0443 or 0.00000049 BTC on exchanges.

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

• Arweave (AR) traded up 2% against the dollar and now trades at $3.33 or 0.00003694 BTC.
• Bitcoin (BTC) traded 1.4% higher against the dollar and now trades at $90,044.37 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.6% higher against the dollar and now trades at $0.13 or 0.00000140 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $597.10 or 0.00663160 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $475.26 or 0.00527840 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $9.15 or 0.00010168 BTC.
• Zcash (ZEC) traded 1.2% higher against the dollar and now trades at $384.83 or 0.00427407 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $69.70 or 0.00077412 BTC.
• Ethereum Classic (ETC) traded up 2.9% against the dollar and now trades at $11.55 or 0.00012826 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin Profile

Grin (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 221,397,180 coins. The official message board for Grin 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. The official website for Grin is 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 U.S. dollars. Investors seeking to trade Grin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Grin using one of the aforementioned exchanges.

GRIN/USD price chart by TradingView