CannabisCoin Self Reported Market Capitalization Reaches $71.83 Thousand (CANN)

CannabisCoin (CANN) traded flat against the dollar during the 1-day period ending at 7:00 AM E.T. on January 21st. One CannabisCoin coin can currently be purchased for $0.0009 or 0.00000001 BTC on cryptocurrency exchanges. CannabisCoin has a market cap of $71.83 thousand and approximately $11.25 worth of CannabisCoin was traded on exchanges in the last day. Over the last week, CannabisCoin has traded down 58.6% against the dollar.

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

• Arweave (AR) traded 1.1% lower against the dollar and now trades at $3.63 or 0.00004081 BTC.
• Bitcoin (BTC) traded down 2.7% against the dollar and now trades at $89,004.59 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.12 or 0.00000139 BTC.
• Bitcoin Cash (BCH) traded 3.2% higher against the dollar and now trades at $595.00 or 0.00668505 BTC.
• Monero (XMR) traded 12% lower against the dollar and now trades at $500.33 or 0.00562137 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $8.80 or 0.00009886 BTC.
• Zcash (ZEC) traded 0.9% lower against the dollar and now trades at $362.86 or 0.00407688 BTC.
• Litecoin (LTC) traded 1.7% lower against the dollar and now trades at $68.26 or 0.00076691 BTC.
• Ethereum Classic (ETC) traded down 1.2% against the dollar and now trades at $11.63 or 0.00013064 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

CannabisCoin Profile

CannabisCoin is a proof-of-work (PoW) coin that uses the X11 hashing algorithm. It launched on April 20th, 2014. CannabisCoin’s total supply is 335,752,783 coins and its circulating supply is 77,231,175 coins. CannabisCoin’s official Twitter account is @cannabiscoins and its Facebook page is accessible here. CannabisCoin’s official website is cannabiscoin.net. The Reddit community for CannabisCoin is https://reddit.com/r/cannabiscoins and the currency’s Github account can be viewed here.

According to CryptoCompare, “CannabisCoin (CANN) is a peer-to-peer Internet digital currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. CannabisCoin is the payment solution for Marijuana dispensaries, retailers and merchants. CannabisCoin cryptocurrency is backed by Marijuana where it is accepted.”

CannabisCoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as CannabisCoin directly using U.S. dollars. Investors seeking to trade CannabisCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy CannabisCoin using one of the exchanges listed above.

CANN/USD price chart by TradingView