Grin Achieves Market Capitalization of $5.42 Million (GRIN)

Grin (GRIN) traded 2.1% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on July 24th. One Grin coin can currently be bought for $0.0551 or 0.00000047 BTC on major exchanges. In the last week, Grin has traded 1% lower against the U.S. dollar. Grin has a total market capitalization of $5.42 million and $111.06 thousand worth of Grin was traded on exchanges in the last day.

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

• Arweave (AR) traded down 10.6% against the dollar and now trades at $7.33 or 0.00006218 BTC.
• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $117,935.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 10.6% lower against the dollar and now trades at $0.24 or 0.00000202 BTC.
• Bitcoin Cash (BCH) traded down 4.1% against the dollar and now trades at $506.19 or 0.00429213 BTC.
• Litecoin (LTC) traded 7.1% lower against the dollar and now trades at $111.25 or 0.00094331 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $8.98 or 0.00007616 BTC.
• Monero (XMR) traded down 2.9% against the dollar and now trades at $315.92 or 0.00267878 BTC.
• Ethereum Classic (ETC) traded down 7.4% against the dollar and now trades at $22.40 or 0.00018995 BTC.
• Conflux (CFX) traded down 1.6% against the dollar and now trades at $0.17 or 0.00000141 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 genesis date was 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 presently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Grin using one of the aforementioned exchanges.

GRIN/USD price chart by TradingView