CannabisCoin (CANN) Price Tops $0.0040 on Major Exchanges

CannabisCoin (CANN) traded 33.1% lower against the dollar during the one day period ending at 18:00 PM Eastern on November 22nd. CannabisCoin has a total market capitalization of $305,269.36 and $1.66 worth of CannabisCoin was traded on exchanges in the last day. In the last seven days, CannabisCoin has traded 27.8% lower against the dollar. One CannabisCoin coin can currently be purchased for approximately $0.0040 or 0.00000004 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $98,834.16 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.1% higher against the dollar and now trades at $0.41 or 0.00000415 BTC.
• Bitcoin Cash (BCH) traded up 0.3% against the dollar and now trades at $487.75 or 0.00493638 BTC.
• UNUS SED LEO (LEO) traded 2.4% lower against the dollar and now trades at $8.47 or 0.00008570 BTC.
• Litecoin (LTC) traded 2.4% higher against the dollar and now trades at $91.24 or 0.00092342 BTC.
• Ethereum Classic (ETC) traded up 3% against the dollar and now trades at $28.29 or 0.00028630 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $161.39 or 0.00163339 BTC.
• Bitcoin SV (BSV) traded down 2.4% against the dollar and now trades at $67.64 or 0.00068452 BTC.
• Arweave (AR) traded 5.1% higher against the dollar and now trades at $18.97 or 0.00019194 BTC.
• eCash (XEC) traded 0.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

CannabisCoin Profile

CANN is a proof-of-work (PoW) coin that uses the X11 hashing algorithm. It launched on April 20th, 2014. CannabisCoin’s total supply is 333,856,868 coins and its circulating supply is 77,231,175 coins. The official website for CannabisCoin is cannabiscoin.net. CannabisCoin’s official Twitter account is @cannabiscoins and its Facebook page is accessible here. 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.”

Buying and Selling CannabisCoin

It is usually not currently possible to buy alternative cryptocurrencies such as CannabisCoin directly using U.S. dollars. Investors seeking to acquire CannabisCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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