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Grin is an anonymous privacy-oriented cryptocurrency. Unlike Bitcoin, its transactions are anonymous – without any visible wallet addresses or transaction amounts.
A privacy cryptocurrency allows anonymous transactions without revealing the sending or receiving addresses. Monero, for example, helps to conceal the addresses of the sender and receiver by seeding a transaction with decoys, while Zcash conceals addresses and allows for optional shielding of transaction values. But in Grin’s case, it doesn’t even show the transaction amounts or the sender or receiver addresses. It aims to be the most private and anonymous cryptocurrency ever made.
However, achieving true and effective privacy on a public decentralised cryptocurrency is extremely technically challenging. Grin achieves this level of privacy with something called the Mimblewimble protocol.
Grin (GRIN) is the 1025th largest cryptocurrency in the world by market cap, valued at $8,942,852. The current price of Grin is $0.068185, which is -6.309% lower than yesterday. Prices have ranged between $0.07301 and $0.067344 over the past 24 hours. All prices are listed in US dollars and accurate as of March 26, 2023 02:03 UTC.
| Coin symbol | GRIN |
|---|---|
| Coin Marketcap | US$8,942,852 |
| Circulating GRIN | 131,775,360 |
| Current price | US$0.068185 |
| All time high date | January 16, 2019 |
| Notable team members | Ignotus Peverell |
| Industry | Privacy coins |
| Token uses | Digital currency |
| Network | Grin |
Historical prices compared with the price of US$0.068185.
| 1 hour | 0.73% |
|---|---|
| 24 hours | -6.31% |
| 7 days | 5.92% |
| 14 days | 27.61% |
| 30 days | 6.93% |
|---|---|
| 60 days | 4.94% |
| 200 days | 22.17% |
| 1 year | -55.66% |
![Shiba Inu [SHIB] investors sit and stay as token’s price plays dead](https://images.cryptocompare.com/news/default/ambcrypto.png)
Disclaimer: Cryptocurrencies, including Grin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of GRIN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Grin or any other cryptocurrency discussed.
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