Grin is currently trading at $ 1.09. Thetoken has a 24-hour trading volume of $ 48.45M combined across 23 exchanges.The price of GRIN has been up by 10.00%over the past 24 hours. The all-time price of Grin was on January 28, 2019, at $ 14.92.
The second hard fork update was completed successfully on January 16,2020. “The grinteam requested their users to upgrade their nodes and wallets software to newversion v.3.0.0 as soon as possible.”
The upgrade facilitates Inter-wallet Compatibility, Node compatibility,command-line changes, TOR support, TRO troubleshooting, Wallet State Updating,payment proofs, Owner API changes, Slate Changes, and Transaction Log EntryChanges.
The previous version of the wallet isset to close soon. In the past upgrade,there was an improvement in decentralization and availability in the system.
In response to the Grin Hard Fork, the prices began to movesteadily. The price went high from lessthan a dollar to $1.17, up by 23%. A pullback occurred, and the token priceswent back to $1.00. The fear of missingout on the forking is already decreasing. The market capitalization of Grin is at $31 million
Despite network improvements, the tokens with low market capitalizationshave suffered a liquidity crisis. Ongoing work in developing on the project is also a reason for theliquidity crisis.
On January 18, 2020, Inputspike tweeted: “BTC/GRIN (Poloniex) gained 5.81% in the last 20 min. 1.02831723USD, 0.00011989Ƀ”
Quentin Le Sceller, Grin coredeveloper and software engineer, tweeted:" “it’s not the forking ASICsfrom the network but also ensuring that no one is going to build the AISC’s forthe GPU friendly mining algorithm.”
Sydney Ifergan, Crypto Expert Tweeted: "Reportedly, Grin Funding was launched free of ICO, founders reward or pre-mine though the development runs from donations and Swag. Good for investors."
Most cryptocurrency hard forks facilitate a bullish run. They are mostly executed to improve the performance of the network. Thus, the new fork offers equivalent tokens held on the original chain.
Grin is aprivacy-focused project on a significant upgrade. The market pump for the Altcoin lessenedbefore the fork. However, many of themwere holding it bullish. The Grin gotlaunched about a year ago, and it has performed well ever since.
To providefor privacy, Grin was built around the MimbleWimble. The token is focusing on becoming a"stable and storage-intensive" privacy coin. To ensure improved privacy, Grin removes theaddress based system and references to the transaction amount. The transactions on the Grin Network arebased on the interaction between two wallets that exchange information witheach other.
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