CannabisCoin

Last modified on 11. October 2020

Quick Facts

CannabisCoin is a small cryptocurrency. At the beginning of October 2020, it had a market capitalization of nearly US$ 456 thousand, accounting for less than 0.01 percent of the digital currency market.^1|2 It has the ticker symbol CANN.

The user known as YESWECANN introduced CannabisCoin on 19 October 2014 via bitcointalk.org. The gathering of real-time trading data by coinmarketcap.com subsequently began in September 2014.

http://cannabiscoin.net

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, the average trading volume of CannabisCoin during the first trimester of 2019 equated to over US$ 5,900 per day. This figure came to over US$ 920 k during the same time frame in 2018. In other words, the previous/prior volume growth has almost entirely receded.

The average market capitalization during the first trimester of 2019 was nearly US$ 423 k. This figure came to over US$ 8.7 m during the same period in 2018. Market capitalization dropped down accordingly by 95.2 percent.

Trading Price

The all-time high of CannabisCoin in 2017

The CannabisCoin currency climbed to a high in December 2017 at over US$ 0.60. The equivalent market capitalization of the coin reached over US$ 24.4 million. This put CannabisCoin around certain other digital currencies, such as Primas, OAX, FLO, Clams and Myriad, among others.

CannabisCoins all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 237 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 874 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 101 billion.

• CannabisCoin (CANN): 0.024 bn US dollars
• Bitcoin (BTC): 237 bn US dollars
• Apple (AAPL): 874 bn US dollars
• VW (VWAGY): 101 bn US dollars
• Date: 31 December 2017

More Details

The CannabisCoin is a native coin and is generated via mining. It has no maximum number of coins, unlike Bitcoin, for example. Those interested in the source code should also take a look at the GitHub page.

Block height and other recently updated metrics around current CannabisCoin transactions can be traced through this block explorer.

To delve deeper into the world of CannabisCoin, download the white paper or find more links to community forums, source code and social media accounts, visit http://cannabiscoin.net.

Markets

BTC

One trading platform for buying or selling CannabisCoin in BTC is YoBit.

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^{1. Or 0.0003 percent, if omitting Bitcoin.}

^{2. Read about our sources}