Grin (GRIN) Reaches Market Cap of $4.77 Million

Grin (GRIN) traded 1.6% higher against the US dollar during the one day period ending at 0:00 AM Eastern on May 3rd. One Grin coin can now be purchased for about $0.0486 or 0.00000077 BTC on exchanges. Grin has a total market capitalization of $4.77 million and approximately $177,410.05 worth of Grin was traded on exchanges in the last day. In the last week, Grin has traded down 4.7% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 5% higher against the dollar and now trades at $62,749.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 11.2% against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 6% higher against the dollar and now trades at $464.30 or 0.00739922 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $81.99 or 0.00130660 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.84 or 0.00009300 BTC.
• Ethereum Classic (ETC) traded 3.3% higher against the dollar and now trades at $26.94 or 0.00042936 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $35.29 or 0.00056234 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $123.43 or 0.00196701 BTC.
• Bitcoin SV (BSV) traded up 8.6% against the dollar and now trades at $64.66 or 0.00103052 BTC.
• eCash (XEC) traded 7.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Grin Profile

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 98,212,860 coins. 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. The official message board for Grin is forum.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 purchase alternative cryptocurrencies such as Grin directly using US dollars. Investors seeking to acquire Grin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Grin using one of the exchanges listed above.

GRIN/USD price chart by TradingView