Grin Market Capitalization Tops $7.75 Million (GRIN)

Grin (GRIN) traded 2.4% higher against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 25th. Grin has a market capitalization of $7.75 million and approximately $17.78 thousand worth of Grin was traded on exchanges in the last 24 hours. One Grin coin can currently be bought for approximately $0.0346 or 0.00000052 BTC on exchanges. Over the last seven days, Grin has traded down 1% against the U.S. dollar.

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

• Arweave (AR) traded 4% lower against the dollar and now trades at $1.75 or 0.00002648 BTC.
• Bitcoin (BTC) traded up 5.2% against the dollar and now trades at $66,251.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.7% against the dollar and now trades at $0.0970 or 0.00000146 BTC.
• Bitcoin Cash (BCH) traded up 5.7% against the dollar and now trades at $507.94 or 0.00766691 BTC.
• UNUS SED LEO (LEO) traded up 9.2% against the dollar and now trades at $8.69 or 0.00013113 BTC.
• Monero (XMR) traded up 5% against the dollar and now trades at $337.19 or 0.00508962 BTC.
• Litecoin (LTC) traded 8.6% higher against the dollar and now trades at $55.04 or 0.00083078 BTC.
• Zcash (ZEC) traded 4.1% higher against the dollar and now trades at $243.16 or 0.00367033 BTC.
• Ethereum Classic (ETC) traded up 8% against the dollar and now trades at $8.77 or 0.00013242 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Grin

Grin (GRIN) is a proof-of-work (PoW) coin that uses the C31 hashing algorithm. Its launch date was January 15th, 2019. Grin’s total supply is 223,815,420 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. Grin’s official Twitter account is @grin_privacy and its Facebook page is accessible 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 currently 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 Changelly, Gemini or GDAX. 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