Grin coin began early in 2016 with it being launched on January 15th of this year with pre-mining only. It is a privacy coin
executed on the nimble wimble blockchain. One grin I believe is mined every 60sec making it prone to inflation. It does not have a set supply nor does it have a halving or a burn to provide deflation. It has features that many in the space have mixed feelings about. It dawns no designated amounts, or addresses. However the innovation does allow an amazing ability to scale transactions.
The coin rose to an amazing price of $260 but it has taken a painful nose dive to ~$5. proclaimed to be a competitor of Bitcoin but only time will tell if Grin will take its place next to the big boys. I believe Grin will take on a similar path of Bitcoin. Only time, interest, continued mining and adoption of the coin for p2p use will open the doors for Grin. Many are already down playing the coin but it hasn't been around long enough to see its overall performance. It has a lot to offer but I believe the coin was hyped to strongly, to fast and to early giving it the feel of shit coin. Grin is more than a shit coin and has a place amongst the top tier of coins based on the design. It does still have some bugs to pan out in the mining (code and pools that is). Current tech allows for decent mining and I believe this is a great time to grab a hand full. Remember bitcoin was dirt cheap when it started :)
To many are looking for a get rich quick plan, but Grin needs time to normalize (find a stable price from which to moon) before we can see the true performance of the coin. This is a great time to accumulate and it becomes a waiting game.
The coin is now listed on KuCoin for buying and selling and I just might buy some a handful to have in my pocket for a rainy day you never know.
Let me know what you think about Grin and it potential future.
Thanks for reading.