WE HAVE TO BE CAREFUL ABOUT WHAT WE POST!!!
There will always be people who are just starting out in the crypto universe and in investments. I believe the friend who posted doesn’t have bad intentions, but if you catch a reader who believes what he posted and can see some money going down the drain with losses. $THC.US what the friend highlighted in a tag is an asset that has nothing to do with the cannabis universe. Besides that, the other tokens are projects that are breathing with life support.
The ticker THC refers to Tenet Healthcare Corporation, a U.S. healthcare company listed on the NYSE. It operates hospitals, outpatient surgical centers, and other medical services in the United States. According to Yahoo Finance, the company’s operations are focused on hospital operations and outpatient care, headquartered in Dallas, with around 77 thousand employees.
There are or were crypto tokens/projects with a cannabis theme. The best-known examples are:
HempCoin
PotCoin (POT)
CannabisCoin (CANN)
But the important point is: that doesn’t mean they are relevant projects today. Based on the current public data, many of these tokens appear to be very small, with extremely low liquidity/volume or nearly inactive trading, which increases the risk of high spreads, makes it harder to enter/exit, and raises the chance of discontinuation. For example, the PotCoin and HempCoin pages on aggregators show very low volume or even zero at certain times.
Today, I wouldn’t consider “cannabis crypto” a strong sector within the crypto market.
In terms of size and market relevance, it looks like a small niche, not a dominant crypto vertical today. One sign of this is that CannabisCoin shows very low capitalization on Binance’s price page, and the public results found for this topic are, for the most part, small projects or content explaining use cases—rather than broad ecosystems with clear adoption.
I would recommend investing in $THC.US the hospitals I mentioned above have a good estimate for growth
There will always be people who are just starting out in the crypto universe and in investments. I believe the friend who posted doesn’t have bad intentions, but if you catch a reader who believes what he posted and can see some money going down the drain with losses. $THC.US what the friend highlighted in a tag is an asset that has nothing to do with the cannabis universe. Besides that, the other tokens are projects that are breathing with life support.
The ticker THC refers to Tenet Healthcare Corporation, a U.S. healthcare company listed on the NYSE. It operates hospitals, outpatient surgical centers, and other medical services in the United States. According to Yahoo Finance, the company’s operations are focused on hospital operations and outpatient care, headquartered in Dallas, with around 77 thousand employees.
There are or were crypto tokens/projects with a cannabis theme. The best-known examples are:
HempCoin
PotCoin (POT)
CannabisCoin (CANN)
But the important point is: that doesn’t mean they are relevant projects today. Based on the current public data, many of these tokens appear to be very small, with extremely low liquidity/volume or nearly inactive trading, which increases the risk of high spreads, makes it harder to enter/exit, and raises the chance of discontinuation. For example, the PotCoin and HempCoin pages on aggregators show very low volume or even zero at certain times.
Today, I wouldn’t consider “cannabis crypto” a strong sector within the crypto market.
In terms of size and market relevance, it looks like a small niche, not a dominant crypto vertical today. One sign of this is that CannabisCoin shows very low capitalization on Binance’s price page, and the public results found for this topic are, for the most part, small projects or content explaining use cases—rather than broad ecosystems with clear adoption.
I would recommend investing in $THC.US the hospitals I mentioned above have a good estimate for growth
