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View ChartCannabisCoin (CANN) is an open-source, peer-to-peer cryptocurrency that was publicly announced in June 2014. It was developed as a Proof of Work (PoW) digital currency based on the Bitcoin protocol, with modifications designed to allow efficient mining using consumer-grade hardware. The project positions itself as a community-run payment network that operates without a reserve bank or single administration, enabling instant payments to anyone in the world. CannabisCoin uses the X11 hashing algorithm and carries the trade symbol CANN. It is grouped among marijuana-focused cryptocurrencies alongside Tokes (TKS), PotCoin (POT), DopeCoin (DOPE), and HempCoin (THC). The total supply stands at approximately 335.75 million CANN, with a circulating supply of roughly 321.12 million CANN, representing about 95.64% of total supply in circulation. Market capitalization is approximately $397.51K. The project is currently in a legacy and preservation phase; the original WordPress website has been replaced by a static historical archive intended for educational and historical reference, and it does not represent current development or an active offering.
CannabisCoin was founded on 02/08/2014 and was described by its early community as a community-run project. The project runs without requiring a reserve bank or single administration, which reflects its decentralized governance approach. Team and founder information is referenced on TokenInsight, which covers CannabisCoin team members and founder information. Detailed public information about individual team members is currently limited, and the project's historical archive distinguishes historical project claims from independently verified facts. The original public discussion took place on Bitcointalk beginning June 23, 2014, and the project maintained a presence on Twitter since April 3, 2014, and Reddit since April 22, 2014.
CannabisCoin operates as a peer-to-peer Internet digital currency based on the Bitcoin protocol. It uses a Proof of Work consensus mechanism, meaning network participants mine new blocks by solving cryptographic puzzles to validate transactions and secure the blockchain. The project specifically adopted the X11 hashing algorithm, which was identified in early announcements as the algorithm used by CANN. A key design modification from Bitcoin is the intent to allow efficient mining with consumer-grade hardware rather than requiring specialized industrial equipment. The network enables instant payments to anyone in the world without intermediaries. Wallets, explorers, and network services are labeled by current status in the historical archive. Legacy desktop wallets were released for Windows (version 0.8.8.0) and macOS (version 0.8.7.0), along with an Android mobile wallet (version 1.0.6). These files are preserved exactly as recovered and have not been executed or security-audited.
CannabisCoin's primary distinction is its historical position as one of the earliest cannabis-focused cryptocurrencies, publicly announced in June 2014. It was designed from the outset for cannabis-related commerce and was promoted by its early community for that purpose. The project introduced the "1 CANN = 1 gram" concept under the CANNdy campaign, a marketing claim that was not a guaranteed redemption or present-day offer. Its use of the X11 algorithm and its Bitcoin-based architecture with consumer-grade mining modifications made it accessible to a broader range of participants. The project's community-run structure, operating without a reserve bank or single administration, reflects an early decentralized governance model. Today, CannabisCoin's value is primarily historical and archival. The CannabisCoin Historical Archive preserves public records, surviving files, archived imagery, and historical context in portable HTML, CSS, JavaScript, and verified downloads, functioning as a digital museum for the project's legacy.
CannabisCoin was created to serve as a peer-to-peer digital currency for instant payments, with a particular focus on cannabis-related commerce. Its early community promoted it as a medium of exchange for cannabis products and strains under the CANNdy campaign. The project envisioned CANN as a payment method that could be used by anyone in the world without requiring a bank or centralized administrator. As a mineable cryptocurrency, CANN also serves as a reward for miners who validate transactions and secure the network. In its current state, the token is traded on a limited number of markets, with YoBit listing several trading pairs including CANN/BTC, CANN/RUR, CANN/DOGE, CANN/WAVES, CANN/ETH, and CANN/USD. The CannabisCoin Historical Archive explicitly states that it does not represent current development, financial advice, or an active offering, and the token's practical utility today is largely limited to historical and archival purposes.
The CannabisCoin ecosystem is no longer in active development and has transitioned into a preservation phase. The project's original WordPress website has been replaced by a durable static archive built without WordPress, PHP, plugins, or a database, so the record can remain portable, secure, and easy to mirror. The CannabisCoin Historical Archive organizes public records, surviving files, archived imagery, and historical context into portable HTML, CSS, JavaScript, and verified downloads. A digital museum preserves historical screenshots, original announcements, wallet software with hashes and dates, original branding assets including coin artwork and wordmarks, and public references such as Wayback snapshots, source repositories, and blockchain records. The archive distinguishes historical project claims from independently verified facts. The original website remains visible in Wayback snapshots, with a May 31, 2023 capture preserving the former site's public appearance. The Tokenview CANN explorer currently reports historical access as offline. Trading activity is minimal, with CryptoSlate reporting zero valid markets and zero active exchanges, and a trading activity score of 40/100 with a dormant-to-thin reliability classification.
CannabisCoin uses a Proof of Work consensus mechanism and is a mineable cryptocurrency. It employs the X11 hashing algorithm, which was identified in the project's early announcements. The project was designed based on the Bitcoin protocol but with modifications to allow efficient mining with consumer-grade hardware, meaning it was intended to be accessible to individual miners rather than only large industrial operations. Mining CANN involves solving cryptographic puzzles to validate transactions and add new blocks to the blockchain, with miners receiving CANN as a reward. The network runs without a reserve bank or single administration, so mining is open to any participant who wishes to contribute computing power. Detailed current mining parameters, including block rewards and difficulty adjustments, are not publicly specified in available references. The legacy wallet software preserved in the historical archive, including Windows, macOS, and Android versions, was originally used to interact with the network.
Keeping CannabisCoin safe requires attention to both general cryptocurrency security practices and the specific risks associated with legacy software. The CannabisCoin Historical Archive provides a clear warning: legacy files are preserved exactly as recovered and have not been executed or security-audited. Users should use an isolated virtual machine when running any legacy wallet software, verify the SHA-256 hash of each file before execution, and never reuse production credentials or a valuable wallet. The archive provides SHA-256 hashes for the preserved Windows installer, macOS disk image, and Android package, along with a sanitized configuration example that preserves historical seed names without old RPC credentials. General best practices include storing CANN in a secure wallet, backing up private keys and wallet files, using strong and unique passwords, enabling two-factor authentication where available, and remaining cautious of phishing attempts. Because the project is in a legacy phase with minimal trading activity, users should also be aware that low activity can make displayed prices sensitive to a handful of trades, and the historical archive does not represent an active offering or financial advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CANN are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of CannabisCoin (CANN) is $0.001238. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CANN to USD rate at the top of BTCC’s price page. In terms of market scope, CannabisCoin records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $397.515454K. Its current circulating supply stands at 321.12M out of a maximum supply cap of ∞.
The price volatility of CannabisCoin (CANN) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (321.12M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, CannabisCoin (CANN) hit an all-time high (ATH) of $0.604913 on 2017-12-31 11:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000313 on 2014-08-02 22:05. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading CANN futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CANNUSDT perpetual contracts support two-way trading. If you anticipate a price decline for CannabisCoin, simply log into your BTCC account with USDT margin available, navigate to the CANNUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for CANNUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.001238), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CANNUSDT with zero financial risk.
Trading CannabisCoin (CANN) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for CANNUSDT, and review its live price ($0.001238) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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