About CannabisCoin
CannabisCoin (CANN) is a cryptocurrency . Users are able to generate CANN through the process of mining. CannabisCoin has a current supply of 335,752,782.67584 with 321,124,782.67584 in circulation. The last known price of CannabisCoin is 0.00168165 USD and is up 0.00 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
$540,021.00
FDV
Not enough data
Circulating Supply
321,124,782.676 CANN
Max Supply
Not enough data
Total Supply
335,752,782.676 CANN
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.60
Overall Price Change (1Y)
-0.35%
Additional info about CannabisCoin
Recent trends
The current price is $0.0017 per CANN with a 24-hour trading volume of $0.00. Currently, CannabisCoin is valued at 99.72% below its all time high of $0.60. This all-time high was the highest price paid for CannabisCoin since its launch. The current circulating supply of CannabisCoin is 321,124,782.676 CANN which means that CannabisCoin has as total market cap of $540,021.00.
Market details
CANN vs markets
↘ 45.1%
CANN vs BTC
↘ 50.21%
CANN vs ETH
↗ 28.79%
Tags
mineable
pow
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0017 | 0.00% |
1 Day | $0.0017 | 0.00% |
1 Week | $0.0017 | 0.00% |
1 Month | $0.0017 | ↘ 0.30% |
1 Year | $0.0026 | ↘ 35.30% |
FAQ
CannabisCoin (CANN) is a peer-to-peer digital currency designed specifically for the Cannabis Community. It operates on the principles of the Bitcoin protocol but is distinct in its ability to be efficiently mined using consumer-grade hardware. The primary objective of CannabisCoin is to simplify transactions for Marijuana dispensaries, retailers, and merchants. It intends to facilitate transactions where it is accepted, aiming to streamline operations within the cannabis industry.
CannabisCoin operates on a decentralized network, allowing users to generate CANN through the process of mining. It uses the X11 algorithm, a proof-of-work system, which is known for its efficiency when mined with consumer-grade hardware. The target time per block is 42 seconds, and the reward per block was initially set at 420 coins. However, due to an inflation model, the reward has been reduced. A hard fork at block 2,282,000 changed the reward to 70 coins. The maximum number of CannabisCoins that can be produced is capped at 420,000,000 coins, maintaining a balance between supply and demand.
CannabisCoin aims to serve as the payment solution for Marijuana dispensaries, retailers, and merchants. It seeks to simplify transactions within the cannabis industry, making it easier for businesses and consumers to exchange goods and services. Furthermore, CannabisCoin is part of a movement towards ending Cannabis/Marijuana prohibition, advocating for freedom of choice and personal privacy. As more states and countries move towards the legalization of cannabis for medical and recreational purposes, the potential use cases for CannabisCoin could expand significantly.
CannabisCoin was created in 2014 with the goal of becoming the payment solution for the cannabis industry. It was developed as a peer-to-peer cryptocurrency, based on the Bitcoin protocol but with modifications to allow efficient mining with consumer-grade hardware. Over the years, the developers have made several updates to the CannabisCoin network, including a hard fork at block 2,282,000 that changed the block reward to 70 coins. The project has also faced challenges, such as a 51% attack that led to the loss of coins. However, the developers have implemented measures to mitigate future attacks and are working on the performance and user experience of the CannabisCoin wallet.
We update our CannabisCoin to USD currency in real-time. Get the live price of CannabisCoin on Coinbase.
The current market cap of CannabisCoin is $540.02K. A high market cap implies that the asset is highly valued by the market.
The all-time high of CannabisCoin is $0.60. This all-time high is highest price paid for CannabisCoin since it was launched.
Over the last 24 hours, the trading volume of CannabisCoin is $0.00.
Assets that have a similar market cap to CannabisCoin include Itheum, beoble, Ghost, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of CannabisCoin is 321 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3162
Contributors
28
Posts
55
% About CannabisCoin
0.009%
Hold times
0 days
X (Twitter)
0.68% bullish
Sentiment
4.5 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
28 unique individuals are talking about CannabisCoin and it is ranked #3,162 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, CannabisCoin has an average sentiment score of 89 out of 5. Finally, CannabisCoin is becoming less newsworthy, with 0 news articles published about CannabisCoin.
On Twitter, people are mostly neutral about CannabisCoin. There were 0.68% of tweets with bullish sentiment compared to 0.82% of tweets with a bearish sentiment about CannabisCoin. 99.32% of tweets were neutral about CannabisCoin. These sentiments are based on 37 tweets.
On Reddit, CannabisCoin was mentioned in 18 Reddit posts and there were 16 comments about CannabisCoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.