POT

PotCoin, often stylized as POT, is a cryptocurrency that was specifically designed to serve the cannabis industry. It was created in 2014 with the goal to provide a secure and efficient means of transaction for an industry that has faced significant banking challenges due to legal restrictions . PotCoin allows consumers and businesses to conduct transactions related to cannabis products, offering a degree of anonymity and security .

Currently, PotCoin is priced at $0.001209 with a market cap of $139,437 and a circulating supply of 115.37 million POT out of a maximum supply of 420 million POT . Despite its niche focus, PotCoin has been actively traded and has a dedicated community of supporters . It has its own digital wallet, the PotWallet, which is considered a secure option for storing and using PotCoin .

The cryptocurrency has had a history of price volatility, with its highest peak reaching $0.505395 in December 2017 . However, like many cryptocurrencies, it has also experienced significant declines, with its lowest recorded price being $0.056068 on February 14, 2014 . The market sentiment for PotCoin is currently bearish, and it has been outperformed by many other top crypto assets over the past year .

PotCoin's utility is not limited to just a medium of exchange; it also aims to provide banking solutions for the legal cannabis industry, which often faces difficulties in accessing traditional financial services . This targeted approach has garnered PotCoin a unique position within the cryptocurrency market, and it continues to evolve as the cannabis industry grows and changes .