Grin (GRIN) Market Capitalization Achieves $2.32 Million

Grin (GRIN) traded 0.5% lower against the US dollar during the 1-day period ending at 23:00 PM E.T. on August 18th. One Grin coin can currently be purchased for $0.0236 or 0.00000040 BTC on cryptocurrency exchanges. Over the last week, Grin has traded down 8.6% against the US dollar. Grin has a market capitalization of $2.32 million and $77,466.98 worth of Grin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $58,618.18 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2% against the dollar and now trades at $0.10 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded 2.3% lower against the dollar and now trades at $333.85 or 0.00569531 BTC.
• UNUS SED LEO (LEO) traded down 1.2% against the dollar and now trades at $5.82 or 0.00009926 BTC.
• Litecoin (LTC) traded 1.7% lower against the dollar and now trades at $66.39 or 0.00113260 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $150.88 or 0.00257399 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $18.71 or 0.00031911 BTC.
• Arweave (AR) traded 0.8% lower against the dollar and now trades at $21.20 or 0.00036161 BTC.
• Bitcoin SV (BSV) traded down 2% against the dollar and now trades at $41.99 or 0.00071625 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Grin 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. The official message board for Grin is forum.grin.mw. The official website for Grin is 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.

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, Coinbase or Gemini. 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