About Marscoin
Marscoin (MARS) is a cryptocurrency launched in 2014. Users are able to generate MARS through the process of mining. Marscoin has a current supply of 39,569,900 with 0 in circulation. The last known price of Marscoin is 0.08464691 USD and is up 7.20 over the last 24 hours. It is currently trading on 14 active market(s) with $85,405.04 traded over the last 24 hours. More information can be found at
Trading Insights
Searched
10
Market Stats
Market Cap
Not enough data
FDV
£1.84M
Circ. Supply
Not enough data
Max Supply
40M MARS
Total Supply
40M MARS
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£63.12K
102.33%
Volume (7D)
£281.57K
Volume (30D)
£708.11K
All time high
£1.87
Price Change (1Y)
-18.17%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Marscoin has increased by 0.28% in the last hour and increased by 20.13% in the past 24 hours. Marscoin’s price has also fallen by 34.26% in the past week. The current price is £0.0465 per MARS with a 24-hour trading volume of £63.12K. Currently, Marscoin is valued at 97.51% below its all time high of £1.87. This all-time high was the highest price paid for Marscoin since its launch.
The current circulating supply of Marscoin is 0 MARS which means that Marscoin has as total market cap of £0.00.
Market details
MARS vs markets
↘ 49.82%
MARS vs BTC
↘ 55.94%
MARS vs ETH
↘ 18.31%
Tags
mineable
pow
x11
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0465 | ↗ 20.13% |
1 Day | £0.0388 | ↗ 20.13% |
1 Week | £0.0701 | ↘ 34.26% |
1 Month | £0.0552 | ↘ 16.30% |
1 Year | £0.0589 | ↘ 18.17% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Marscoin (MARS) is a blockchain technology that aims to allow users to trade cryptocurrency while funding space exploration projects as well. The platform seeks to develop a medium for trade for “Martian Society,” early settlers of Mars planet. Seeking influence from Bitcoin, the platform focuses on launching MARS token on the Mars planet.
However, Bitcoin requires high energy with special hardware needs to function. Also, Bitcoin needs 10 minutes to form a block on the blockchain. Hence, considering these notions, Marscoin (MARS) was developed in the market using network ledger speed of light on the planet Mars. This means that the transactions would be recorded on the platform with high speed. Thus, Marscoin (MARS) aims to become the fuel on planet Mars as well as settle huge power consumption requirements.
NASA adopted the plan of colonization on Mars. However, the program was halted due to a lack of appropriate funds. Soon after, Elon Musk developed SpaceX Company with the vision of providing transportation in space. Thus, with the vision of Mars entering in colonization, the Martian society worried that using Bitcoin on Mars would be an impractical approach. Therefore, Marscoin was developed to offer individuals a coin that can be traded on Mars planet. The platform also connects with Mars Society, a non-profit international space advocacy organization, to kickstart the development on Mars. For the development of the project, the Marscoin (MARS) token holders and traders act as contributors to the settlement on Mars. The project aims to get linked with those who dream of becoming a multi-planetary species.
MARS is the native utility cryptocurrency available on the Marscoin platform. The token is developed using a crypto mining process similar to Bitcoin or Litecoin, as the platform states. Marscoin also claims that the early colonists of the Mars planet will continue to produce new MARS tokens as their quick confirmation time and other facilities would make the transaction more convenient and secure. The Marscoin white paper lists six specific functions that the MARS token will be utilized for on the Mars planet. These functions include:
In a nutshell, through the MARS token, the platform aims to find permanent methods for human livelihood settlement on Mars. Hence, the system aspires to facilitate an electronic and resource-saving payment method that is functional on multiple planets.
The Marscoin network was launched on January 01, 2014. The project was founded by Lennart Lopin, the President of Marscoin. Lennart is a computer scientist with over a decade of experience in the crypto-blockchain industry. He is also the co-founder of the Florida Blockchain Association. Apart from Lennart, many of the Marscoin team are members of the Mars Society. The roadmap of the platform claims to launch an inventory tracking tool for MARS Desert Research Station in the near future. The total supply of the token is 48,000,000 MARS.
Since the platform is influenced by Bitcoin and Litecoin, therefore, Marscoin (MARS) also implements a proof of work consensus algorithm to produce new blocks on the blockchain. The mining rewards are distributed among the participants in the form of MARS tokens. At the same time, the platform claims to be open towards other staking mechanisms like proof of stake and federated consensus if they save valuable energy. Federated consensus is a mechanism in which every individual is responsible for their own chain of transactions occurring on the Marscoin platform.
We update our Marscoin to GBP currency in real-time. Get the live price of Marscoin on Coinbase.
The current market cap of Marscoin is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Marscoin is £1.87. This all-time high is highest price paid for Marscoin since it was launched.
Over the last 24 hours, the trading volume of Marscoin is £63.12K.
Assets that have a similar market cap to Marscoin include Cherry Network, TAP FANTASY, FairERC20, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Marscoin is 0.
Marscoin calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.