About MCOIN
Mcoin Chain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework. And also seeks to link the present to the future, through the implementation of Blockchain technology. Mcoin Chain connects and exchanges value between different blockchain ledgers in a distributed manner. mCoin was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3. mCoin provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services. The mCoin protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the mCoin Relay Chain (explained further down). mCoin’s native mCoin token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains . mCoin has four core components: Realy Chain: mCoin’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains; Parachains: independent chains that can have their own tokens and be optimized for specific use cases; Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model; Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum. Who Are the Founders of mCoin? mCoin is the flagship protocol of Web3 Foundation, a Swiss Foundation with a mission to facilitate an open-source, fully functional and user-friendly decentralized web. mCoin’s founders are Mr. Denis Shehu (CEO), Mr. Andrzej Adam(CMO), Mr. daniel Weiss, Mr. Robert Ciurkot(Global Head), Mr. Paul Smith. Mr. Denis Shehu (CEO), is a Thiel Fellow and accomplished blockchain and cryptography researcher and developer. Mr. Robert Ciurkot, is a Blockchain Developer and Mr. daniel Weiss, is an influencer. What Makes mCoin Unique? mCoin is a sharded multichain network, meaning it can process many transactions on several chains in parallel (“parachains”). This parallel processing power improves scalability. Custom blockchains are quick and easy to develop using the Substrate framework and Substrate blockchains are designed to be easy to connect to mCoin's network. The network is also highly flexible and adaptive, allowing the sharing of information and functionality between participants. mCoin can be automatically upgraded without the need for a fork in order to implement new features or remove bugs. The network has a highly sophisticated user-driven governance system where all token holders have a vote in how the network is run. Teams can customize their own blockchain’s governance on mCoin based on their needs and evolving conditions. Nominators, validators, and collators all fulfil various duties to help secure and maintain the network and eradicate bad behavior.
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Market Stats
Market Cap
$17.31M
-0.39%
FDV
$48.89M
Circ. Supply
177M MCOIN
Max Supply
500M MCOIN
Total Supply
500M MCOIN
Diluted Valuation
$48.86M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$229.35K
-30.5%
Volume (7D)
$1.45M
Volume (30D)
$7.78M
All time high
$40.36
Price Change (1Y)
-89.95%
Additional info about MCOIN
Recent trends
The latest MCOIN price is $0.0976. Compared to MCOIN's value of $0.10 from 24 hours ago, there's been a -0% decrease, while the current price is -7% down from $0.11 which was recorded one week ago. MCOIN's all time high is $40.36, which was reached on February 23, 2023. This is a -100% change from its price today.
The current circulating supply of MCOIN is 177,000,000. This is 35% of its max supply of 500,000,000 MCOIN and 35% of its total supply of 500,000,000. The market cap is currently $17.31M, which is a result of multiplying the current price of MCOIN($0.10) by the total supply(500,000,000 MCOIN). The fully diluted valuation of MCOIN is $48.89M. The diluted valuation of MCOIN is $48.89M.
Market details
MCOIN vs markets
↘ 92.39%
MCOIN vs BTC
↘ 93.46%
MCOIN vs ETH
↘ 84.79%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x84B03133534a1Fe44A6479771574970804D3310B | |
BNB Smart Chain | 0x6D86f0a41C3966CeF8ea139648DB707E912563C9 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0976 | ↘ 0.01% |
1 Day | $0.0977 | ↘ 0.01% |
1 Week | $0.11 | ↘ 7.36% |
1 Month | $0.0755 | ↗ 29.39% |
1 Year | $0.97 | ↘ 89.95% |
FAQ
mCoin (MCOIN) is a digital asset that aims to lay the groundwork for a new, distributed infrastructure for digital assets, thereby shaping an enhanced, contemporary framework. It strives to bridge the gap between the present and the future through the application of blockchain technology. mCoin is intended to serve as a foundation for a decentralized internet of blockchains, also known as Web3. It seeks to streamline the creation of new applications, institutions, and services by facilitating the connection and exchange of value between different blockchain ledgers in a distributed manner. The mCoin protocol has the potential to connect public and private chains, permissionless networks, oracles, and future technologies, enabling these independent blockchains to share information and transactions without the need for trust through the mCoin Relay Chain.
mCoin functions as a sharded multichain network, which implies it has the potential to process numerous transactions on several chains simultaneously, known as "parachains". This parallel processing power aims to enhance scalability. Custom blockchains can be developed swiftly and effortlessly using the Substrate framework, and Substrate blockchains are designed to be easily connected to mCoin's network. The network is also highly adaptable and flexible, enabling the sharing of information and functionality among participants. mCoin has the potential to be automatically upgraded without the need for a fork to implement new features or remove bugs. The network features a sophisticated user-driven governance system where all token holders have a say in how the network is managed.
mCoin aims to facilitate a decentralized web, controlled by its users. It seeks to streamline the creation of new applications, institutions, and services. The mCoin protocol has the potential to connect public and private chains, permissionless networks, oracles, and future technologies, enabling these independent blockchains to share information and transactions without the need for trust through the mCoin Relay Chain. mCoin's native mCoin token serves three distinct purposes: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains. This positions mCoin as a versatile digital asset with a broad range of potential use cases in the decentralized web space.
mCoin is the primary protocol of Web3 Foundation, a Swiss Foundation that aims to facilitate an open-source, fully functional, and user-friendly decentralized web. The founder of mCoin is Mr. Denis Shehu, a Thiel Fellow and accomplished blockchain and cryptography researcher and developer. mCoin was envisioned with the aim to establish a new, distributed infrastructure of digital assets to shape an enhanced, contemporary framework. It also seeks to bridge the gap between the present and the future, through the application of Blockchain technology. mCoin's journey has been centered around creating a foundation to facilitate a decentralized web, controlled by its users, and to streamline the creation of new applications, institutions, and services.
We update our MCOIN to USD currency in real-time. Get the live price of MCOIN on Coinbase.
The current market cap of MCOIN is $17.31M. A high market cap implies that the asset is highly valued by the market.
The all-time high of MCOIN is $40.36. This all-time high is highest price paid for MCOIN since it was launched.
Over the last 24 hours, the trading volume of MCOIN is $229.35K.
Assets that have a similar market cap to MCOIN include Heroes of Mavia, Klever Coin, Taraxa, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of MCOIN is 177 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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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.