CannabisCoin Price Sobers Up Following Yes We CANN Event
Last week, the CannabisCoin price increased dramatically in anticipation of Monday's "Yes We CANN" event at the Phoenix-based Herbal Wellness Center. At the event, Arizona residents with permission to buy medical marijuana were able to use CannabisCoins for purchases. Additionally, a limited amount of marijuana was priced at a ratio of 1 gram to 1 CannabisCoin. Because the marijuana was worth so much more than the current CannabisCoin exchange price, investors began investing in CANN. However, now that the event is over the CannabisCoin price is falling back to pre-spike levels. Also Read:....
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CannabisCoin's upcoming "Yes We CANN" event has caused the CannabisCoin price to surge-perhaps even higher than the customers who will use CannabisCoins to buy legalized marijuana at the October 20 and future Yes We CANN events. However, the recent CannabisCoin price increase has caused other marijuana-themed altcoin prices to falter. Also Read: CannabisCoin Price Gets High on Eve of Yes We CANN Event. CannabisCoin Price Gets Higher. From October 8 to October 15, the CannabisCoin price rose 585%. Though it briefly declined, the CannabisCoin has continued to rise as the October Yes We CANN....
As its name suggests, CannabisCoin exists to help sick people acquire medical marijuana. But it does not do so in name only; each CannabisCoin is on track to become redeemable for 1 gram of a cannabis strain grown specifically for the CannabisCoin community. Recently, CannabisCoin announced a partnership with a prominent medical marijuana dispensary in Phoenix, Arizona. In addition to accepting CannabisCoin, the center will also host events to help educate patients about CannabisCoin. At these events, patients licensed to buy medical marijuana will have the opportunity to buy cannabis at....
Back in June, CoinTelegraph reported on CannabisCoin (CANN) - a PoW (proof-of-work) peer-to-peer digital currency that is intended to be used for legally purchasing cannabis from registered dispensaries. CANN is based on the Bitcoin protocol but slightly different in that it can be efficiently mined with consumer-grade hardware since it is the “only X11 Coin that is cannabis specific,” according the CannabisCoin Dev team. The CANN team is striving to bring the issues of cryptocurrencies and cannabis into the light by promoting wider acceptance and spreading knowledge about the benefits of....
CannabisCoin (CANN) has so far, been a success. A coin backed by Marijuana, perhaps the world's most useful plant, has an obvious appeal for a large segment of the population. But with popularity comes scrutiny, and it wasn't long until some of the coin's competitors began pointing out inconsistencies in CANN's blockchain. Astute observers noticed that CannabisCoin's Rich list was dominated by a group of 27 addresses each holding 500,000 CANNs, and all coming from the coin's genesis block. Control of these coins was first denied by the developer, who later announced that the coins came....
Dopecoin. Earlier this month, a Dopecoin price rise took investors on a wild into the upper echelons of the market cap charts. However, the past week has brought a dramatic price decrease to Dopecoin. Is the marijuana-themed coin just on a bad trip, or is this a symptom of a larger trend? Also Read: CannabisCoin Price Sobers Up after Yes We CANN Event. Dopecoin Price on a Bad Trip. On October 14, the Dopecoin price got high-fast-, spiking from 14 to 301 satoshis. But this rapid Dopecoin price increase was unsustainable. By the next day, the Dopecoin price had crashed back to 114 satoshis.....