Top 5 Marijuana Cryptocurrencies Cryptocurrencies are making it easy for people in the marijuana business--or simply those who are looking to buy some weed--to carry out transactions. In February 2014, DopeCoin was founded by Adam Howell or ‘Dopey’, according to its website. It currently sits at #200 in market cap ranking for crypto. Started with a vision of creating a ‘Silk Road’ for transactions in marijuana across the world, DopeCoin supply is limited to 200 million DopeCoins with about 117 million currently in circulation. HempCoin s website claims that the currency can be used to facilitate transactions between marijuana farmers and the local dispensary shops as well as purchasing gear and tools used for farming marijuana. com Another currency that came into being in 2014, but just a few months after PotCoin was CannabisCoin.
Currently, the currency has a market cap of $25. It is a proof-of-work, peer-to-peer open source currency and like Potcoin was aimed at easing transactions for medical marijuana dispensaries dopecoin dope. 8 million CannabisCoins with over 77 million in circulation. 55USD, a market cap of more than $127 million, making it the largest market cap on this list and the 148th largest off all cryptocurrrencies. Launched in January 2014, PotCoin was one of the earliest cryptocurrencies for the marijuana industry. One point to note is that PotCoin claims transaction speeds of 40 seconds, which are pretty impressive compared to those for Bitcoin.
It was designed to solve banking problems for people looking to transact in legal marijuana dopecoin dope. The currency was developed in 2014 but transitioned to Proof-Of-Stake at block 370,000. 7 million, a huge increase from $81,547 in February 2014.Enigma.. com shirt in North Korea gave PotCoin a shot in the arm. By funding Rodman’s trip, not only did PotCoin re-enter the media spotlight it was also up 76% in just one day, according to Coinmarketcap. .