Marijuanacoin price is $0.00648257
As of the most recent market update, Marijuanacoin (MAR) is currently trading at $ 0.00648257. Over the past 24 hours, its price has increased by +0.00%.
Marijuanacoin (MAR) is a cryptocurrency, just like Bitcoin or Ethereum. However, it differentiates itself with a targeted focus on the legalized marijuana industry. The goal of Marijuanacoin is to become the premier cryptocurrency for transactions within the legalized cannabis industry, providing a secure and decentralized payment solution.
Much like many other cryptocurrencies, the specific identities of Marijuanacoin's creators are not widely known. They are part of the growing trend of anonymous or semi-anonymous developers within the cryptocurrency world. More specific and detailed information may be available on the project's official website.
Marijuanacoin operates on blockchain technology similar to other cryptocurrencies. It allows for peer-to-peer transactions to be conducted, without the need for a central authority or intermediary like a bank. The participants verify and record transactions on the distributed public ledger called the blockchain. The Marijuanacoin blockchain is a public ledger that is accessible by anyone, providing transparency for all transactions on the network.
Marijuanacoin's uniqueness lies in its targeted focus on providing a decentralized payment solution for the legal marijuana industry. It aims to offer advantages over traditional banking solutions, which can be particularly restrictive for cannabis businesses due to the complex legal status of marijuana across different jurisdictions.
While the specific technical specifications of Marijuanacoin (like its block time or consensus mechanism) may not be widely known right away, it is clear that it employs the core principles of cryptocurrency: decentralization, transparency, security, and privacy.
Marijuanacoin has a circulation supply of 1.6M. Its market capitalization, which is a measure its total value based on the current circulation supply and price, is $ 10.6K. It currently holds a market cap rank of #1.
If you wish to add Marijuanacoin to your crypto portfolio, it can be purchased on a number of cryptocurrency exchanges. For the most accurate and updated list of platforms where Marijuanacoin is available, refer to Cryptopia. Please ensure to use secure platforms and exercise due diligence when making any cryptocurrency purchases.
Like any other digital assets, Marijuanacoin needs to be properly safeguarded. This typically involves storing your MAR in secure digital wallets. There are many types of digital wallets available with various security features, designed to protect your assets from cyber threats. Always remember, the security of your cryptocurrencies is principally your responsibility.
As the legal marijuana industry continues to evolve and mature, so too will the need for more streamlined and secure transaction methods. Marijuanacoin, with its focus on this growing industry, is poised to meet these needs with its decentralized payment solution. However, as always, potential stakeholders are strongly advised to conduct their own thorough research before involving themselves in any cryptocurrency project.
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