Crypto OG HempCoin Relisted by Bittrex After Year in the Wilderness

Published on by Cointele | Published on

HempCoin, one of the first 30 cryptocurrencies ever created, has been relisted by cryptocurrency exchange Bittrex.

Before being delisted in 2019, HempCoin was a top-100 token on CoinMarketCap, trading over $10 million a day.

Renzetti first discovered crypto in 2013 and started the HempCoin blockchain as a community project in December of that year.

"My initial thought on crypto was that eventually industries and divisions of the economy would each gravitate towards one particular crypto. This would help maintain the value within each as, for example, if the oil industry collapses then the agriculture industry wouldn't. I wanted HempCoin to be the Agriculture Coin, representing a 2 trillion dollar industry worldwide."

Bittrex picked up HempCoin and listed THC on its exchange in March 2014.

During the crypto-boom of 2017, HempCoin soared in value, aided by an enhanced social media presence.

Komodo was to create the new THC technology, while Bittrex was to migrate the code and convert old THC for new THC. At the time, over two-thirds of the total THC supply was held in customers wallets on the exchange.

Renzetti has spent the last year trying to get relisted on Bittrex, acknowledging that the major exchange listing was always HempCoin's biggest asset.

Bittrex has been limiting the coins that it supports in the U.S. and moving tokens to its Bittrex Global platform.

As of July 2020, HempCoin had finally been relisted with Bittrex Global.

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