Potcoin Value Falls Drastically in USD Markets
Cannabis-based cryptocurrency Potcoin has earned enough reputation as a cash alternative to medical marijuana businesses and users. However on the trading front, the coin is falling drastically against the USD. At the start of last week, the POT/USD pair was looking fairly optimistic. On Feb 8th, the pair was valued around 0.00121944 and rose comfortably to around 0.00137490 by the end of Feb 11th. A part of this surge was credited to Potcoin investors who jointly sent a letter to the Colorado MED on Feb 7th - a day before the actual uptrend took place. The letter was written in regards to....
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The number of cryptocurrencies making their way into the financial spectrum is truly hair-raising. It's not just that there are so many, but many of us get a real kick out of the names they're given and what it is that they're used for. Some of them, such as HawaiiCoin and VikingCoin, particularly make me laugh. Can HawaiiCoin only be used in the tropics? Can you only use VikingCoin if your ancestors wore horned helmets and sung opera? Probably not, but we have our fantasies. Some of these cryptocurrencies, however, are extremely serious in their attempts to deliver specific products and....
Potcoin Price Key Highlights. Potcoin price could be in for more downside, as it appears ready to make a downside break of the current consolidation pattern. The path of least resistance is down since potcoin price is already in the middle of a downtrend. Potcoin price could be in for more losses, pending a likely downside breakout from the current consolidation support level. Testing Range Support. Potcoin price is currently testing the range support at 0.00000250BTC and might be due for a breakdown, as a long red candle has formed. The 100 SMA is below the longer-term 200 SMA, indicating....
PRESS RELEASE. PotCoin (Ᵽ) is migrating over from their legacy blockchain to Nexus (NXS). PotCoin has made Nexus their platform of choice, with the confidence that together they will best serve the growing cannabis industry. The recreational and medical cannabis market in North America already accounts for roughly $17.7 billion in 2021 and is forecast to reach 47.3 billion by 2027 [1], an estimated 44% annual increase. As cannabis continues to be decriminalized and legalized around the world, the potential for economic growth is exponential. After much consideration, PotCoin....
Potcoin community members still seem to be facing issues with their PotWallet accounts. PotWallet, a wallet service for Potcoin seems to be facing some issues. According to updates on social media, few users were unable to withdraw their crypto-tokens from PotWallet. The apparently unhappy Potcoin community has alleged that PotWallet doesn’t have enough funds to enable withdrawals. With the cryptocurrency exhibiting increased volatility in the recent days, those who have their Potcoin deposits in PotWallet seem to be unable to leverage the market opportunity. The issues affecting PotWallet....
Potcoin is helping legal cannabis sales to have a simplified method of transaction. With many places in the world having legal cannabis sales, including some states in the USA legalizing cannabis, PotCoin has a nice growing merchant-base for accepting Potcoins for payment. Potcoin Review. Market Cap: $812,348. Maximum coins issued: 420M POT. Hash algorithm: Scrypt. PoW or PoS: PoW. Is it able to be mined: Yes. Exchanges: Cryptsy, SwissCEX, HashFlo, BitTrex, MintPal. Block explorer: PotChain. Launch date: January 21st, 2014. What is the coin's purpose? The newly legalized Marijuana industry....