Potcoin, a cryptocurrency geared towards the booming cannabis industry and its fast-growing community, is the first winner from today's historic deal between U.S. president Donald Trump and North Korean leader Kim Jong-un.
The Trump-Kim summit comes after months of negotiations between the two countries but it all might never have happened if not for retired US basketball player-turned diplomat Dennis Rodman, who is on good terms with both Trump and Kim.
Rodman, while not formally invited to the Singapore summit this week, arrived in the city state promising to "give what support is needed" to the two world leaders.
Sporting a shirt blazoned with the potcoin logo, surrounded by the slogan “peace starts in Singapore”, Rodman pushed through crowds of reporters and gave a rambling, incoherent interview to CNN.
As a result of his appearance in Singapore the potcoin price jumped by 20% last night, adding $4 million to its market capitalisation, according to CoinMarketCap data.
The potcoin price has, like most other cryptocurrencies, struggled in recent months following last year's bull run.