Are Marijuana Cryptocurrencies Fading Out?

in #marijuana5 years ago

Being a PotCoin investor it's natural to me to peek in onto other marijuana cryptocurrencies... you know, to see what their status is and compare their trading prices. However, to my dismay, I noticed a few have been -- what seems to me, abandoned.

These Marijuana Cryptocurrencies are:

  • CannabisCoin (CANN) [abandoned in August of 2019]
  • GanjaCoin (MRJA) [abandoned in July of 2016]
  • Marijuanacoin (MAR) [abandoned in November of 2018]
  • CannaCoin (CCN) [abandoned in October of 2018]
  • Tokes (TKS) [abandoned in August of 2019]
  • LeafCoin (LEAF) [abandoned in May of 2019]
  • Budbo (BUBO) [abandoned in August of 2019]

With that being said, I've also noticed that some marijuana cryptocurrencies are fairly close to be fading out. One in particular is BlazerCoin (BLAZR). I have an interest in BlazerCoin for not only that it's marijuana related, but it's value is extremely low. For around $60 you can scope up about one million of these BlazerCoins. In fact, I'm a little worried that BlazerCoin is going to be delisted from exchanges such as CoinExchange.io. CoinExchange.io has announced that it's considering to begin the delisting process for BlazerCoin. That is, if the developers do not contact CoinExchange.io or if somebody doesn't conduct a "takeover", CoinExchange.io will delist BlazerCoin 30 days from its latest trade.
cannabis-2125586_640.png

Marijuana is still illegal on a federal level and this scares A LOT of future investors and a few current ones. Although President Trump signed the Farm Bill of 2018, legalizing the production and harvesting of hemp, this DOES NOT legalize cannabis that contains THC.

Am I worried that PotCoin will be faded out?
Nope. Not in the slightest.

PotCoin IS the marijuana cryptocurrency.

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