CannabisCoin (CANN) Hits Self Reported Market Capitalization of $71.83 Thousand

CannabisCoin (CANN) traded flat against the dollar during the 24 hour period ending at 7:00 AM Eastern on February 6th. One CannabisCoin coin can currently be purchased for $0.0009 or 0.00000001 BTC on popular cryptocurrency exchanges. Over the last week, CannabisCoin has traded flat against the dollar. CannabisCoin has a total market capitalization of $71.83 thousand and approximately $11.25 worth of CannabisCoin was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 11% lower against the dollar and now trades at $2.05 or 0.00003099 BTC.
• Bitcoin (BTC) traded 4.6% lower against the dollar and now trades at $66,219.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.3% lower against the dollar and now trades at $0.0937 or 0.00000142 BTC.
• Bitcoin Cash (BCH) traded down 8.2% against the dollar and now trades at $471.67 or 0.00712284 BTC.
• UNUS SED LEO (LEO) traded down 15.4% against the dollar and now trades at $6.80 or 0.00010272 BTC.
• Monero (XMR) traded 12.4% lower against the dollar and now trades at $306.89 or 0.00463439 BTC.
• Litecoin (LTC) traded down 7.7% against the dollar and now trades at $52.27 or 0.00078934 BTC.
• Zcash (ZEC) traded 5.4% lower against the dollar and now trades at $227.47 or 0.00343516 BTC.
• Ethereum Classic (ETC) traded down 6.6% against the dollar and now trades at $8.40 or 0.00012684 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

CannabisCoin Coin Profile

CannabisCoin (CRYPTO:CANN) is a proof-of-work (PoW) coin that uses the X11 hashing algorithm. It was first traded on April 20th, 2014. CannabisCoin’s total supply is 335,752,783 coins and its circulating supply is 77,231,175 coins. The official website for CannabisCoin is cannabiscoin.net. The Reddit community for CannabisCoin is https://reddit.com/r/cannabiscoins and the currency’s Github account can be viewed here. CannabisCoin’s official Twitter account is @cannabiscoins and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as CannabisCoin directly using US dollars. Investors seeking to trade CannabisCoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy CannabisCoin using one of the aforementioned exchanges.

CANN/USD price chart by TradingView