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Grin Fundamental Analysis
Grin is a cryptocurrency that, like BEAM, is based on the innovative Mimblewimble protocol. The cryptocurrency uses a privacy-preserving blockchain format called MW, which means that the tokens are fungible and users can have strong guarantees of anonymity. Furthermore, it is highly scalable, as it stores only a small amount of data on the blockchain. Grin cryptocurrency can be mined. It also takes a different approach, as it has a linear supply schedule, which means that inflation as a percentage of existing supply is very high at first, but gradually decreases over time, approaching zero percent, but never coming to that. Many see this as a disadvantage, however, the team justifies it as being less of a digital gold competitor and more of an attempt to be a real currency. Initially, Grin was called a promising project and its popularity was determined in the early days of its launch. The demand for it exceeded the supply. The cryptocurrency has strong support from large companies such as Bisq exchange, BTC.com mining pool, F2Pool, and others. The American exchange Bittrex announced a listing of Grin. There is also a large community behind the cryptocurrency eager to move the project forward.
Grin Live Price Chart
Grin Technical Analysis
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