Dennis Rodman and Crypto, Grab the Ball

Dennis Rodman is back in the cyber trenches with him coming up on the rise with certain cannabis stocks. Rodman's association with PotCoin goes back when the associates of PotCoin sponsored his trip to North Korea.

When asked if he thinks it's a positive thing for PotCoin to be associated with Rodman's trip to visit with the controversial leader, Perez says PotCoin sponsored Rodman's travel to promote "peace and love" and help "spread awareness about the opioid epidemic" and how medical marijuana provides a "safer alternative." Perez says they're staying out of "politics" and believe it's a good opportunity for PotCoin. Perez goes on to say Kim Jong-un might be a dictator, but he believes sponsoring Rodman's trip can help to start peace talks between North Korea and the U.S.

"Things are happening because of this trip," says Perez. "Dennis Rodman is a great friend of Kim Jong-un and a great friend with Donald Trump. You never know--maybe Rodman could bring peace and open up channels of communication and not war [between the U.S. and North Korea]."

PotCoin’s claim-to-fame actually has nothing at all to do with cannabis and everything to do with Dennis Rodman. The PotCoin community claims to have sponsored Rodman when he visited the North Korean leader, Kim Jong Un, in 2017 to attempt to negotiate peace between the dictator and former U.S. President Trump.

Their Last Press Release was in Nov 2021, they stated PotCoin to Migrate to Polygon

The PotCoin (POT) team is very excited to announce the upcoming launch of PotCoin 2.0 – a new and improved PotCoin network that will help propel us to the forefront of the legal cannabis industry.

Although they have been grinding quietly for the past 3 years, you’ll be hearing plenty from them in the coming weeks and months. PotCoin hasn't stopped working towards our goal of making the legal cannabis industry better, stronger and fairer.

Their first big announcement is that PotCoin is migrating to the Polygon network, launching the highly-anticipated PotCoin Foundation, and releasing a completely rebranded website.


Potcoin has a maximum supply of 420 million, a market cap of $1.7 million and is currently trading at $0.00794. The crypto is down 99% from its Dec. 31 all-time high of $0.50 but is dowb 1.62% over the last 24-hour period, up 8.12% over the last seven days and 65.78% over the one-year period.

 

Here are 4 of the popular Crypto Coins

PotCoin (CRYPTO:POT), the first cannabis industry-specific cryptocurrency, had its first block mined on Jan. 15, 2014. In 2016, PotCoin switched its algorithm from proof-of-work to proof-of-stake in order to lessen the amount of electricity needed to mine the crypto.

DopeCoin Gold (CRYPTO: DOPE) is a decentralized digital currency and payment system that was developed for marijuana enthusiasts with a goal to provide the cannabis industry with payment and advertising solutions.

On the “About” section of the website visitors will find Adam, presumably the developer, who describes himself as someone who drinks coffee, travels the world and creates cool things. The last press release from DopeCoin came on Dec. 30, 2017

DopeCoin has a maximum supply of 116.8 million, a market cap of $309,401 and is currently trading at $0.00265. The crypto is down 99% from its Dec. 31 all-time high of $0.36 but is up 0.02% over the last 24-hour period, up 0.71% over the last seven days and 8.98% over the past year.

Tokes (CRYPTO:TKS) hosts a platform it says is dedicated to the marijuana industry and was founded in order to provide cryptocurrency payment solutions to solve the cannabis industry’s “banking problems.” The crypto last released news on Oct. 7, 2019.

Tokes claims to have a "one-up" on Bitcoin because the crypto is a company providing software directly to merchants and consumers whereas Bitcoin is a protocol. Further, Tokes suggests it has more utility than Bitcoin because Bitcoin doesn’t have anyone “pounding the pavement to garner adoption,” while Tokes supposedly does.

Tokes has a maximum supply of 1 billion, a market cap of $3,201,320 and is currently trading at $0.01601. The crypto is up 0.01% over the last 24-hour period and 0.01% over the past seven days.

HempCoin (CRYPTO: THC), while not focused specifically on the cannabis sector, is a blockchain solution aimed at the agricultural industry, specifically hemp farmers. The crypto’s code is proof-of-stake and runs off the Bitcoin network through delayed proof-of-work.

HempCoin has two services, HempPAY, which is a payment solution for farmers, distributors and consumers and HempTRAC, which is a data tracking and storage platform for farmers to track their crops and growing systems throughout the agricultural process.

HempCoin has a maximum supply of 300 million, a market cap of $1.4 million and is currently trading at $0.00529. The crypto has plummeted 97% from its Jan. 11 all-time high of $0.74 but is up 19.64% over the last 24-hour period, has risen 7.56% over the last seven days and 85.18% over the past year.