About Meter Governance
MTRG is the governance token of the Meter system. Meter is the most decentralized and fastest Ethereum sidechain network with a native metastable gas currency. MTRG is used to validate transactions via HotStuff Style Proof of Stake consensus and participate in the governance of the Meter network. MTR is the gas token for the Meter network.
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Trading Insights
Searched
3
Market Stats
Market Cap
$3.26M
-4.51%
FDV
$4.93M
Circ. Supply
32M MTRG
Max Supply
Not enough data
Total Supply
49M MTRG
Diluted Valuation
$4.93M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$80.30K
-9.77%
Volume (7D)
$658.41K
Volume (30D)
$2.58M
All time high
$33.55
Price Change (1Y)
-76.7%
Additional details
Market details
MTRG vs markets
↘ 87.55%
MTRG vs BTC
↘ 87.25%
MTRG vs ETH
↘ 86.36%
Tags
defi
interoperability
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xBd2949F67DcdC549c6Ebe98696449Fa79D988A9F | |
Meter | 0x228ebbee999c6a7ad74a6130e81b12f9fe237ba3 | |
Theta | 0xbd2949f67dcdc549c6ebe98696449fa79d988a9f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.10 | ↘ 3.18% |
1 Day | $0.10 | ↘ 3.18% |
1 Week | $0.11 | ↘ 4.67% |
1 Month | $0.25 | ↘ 59.63% |
1 Year | $0.43 | ↘ 76.70% |
Coinbase insights
Recent trends
The latest MTRG price is $0.10. Compared to Meter Governance's value of $0.10 from 24 hours ago, there's been a -3% decrease, while the current price is -5% down from $0.11 which was recorded one week ago. Meter Governance's all time high is $33.55, which was reached on March 27, 2021. This is a -100% change from its price today.
The market cap is currently $3.26M, which is a result of multiplying the current price of Meter Governance($0.10) by the total supply(48,890,067 MTRG). The fully diluted valuation of Meter Governance is $4.93M. The diluted valuation of Meter Governance is $4.93M.
FAQ
Meter Governance (MTRG) is a DeFi infrastructure with an in-built, metastable, crypto-native currency. The platform claims to function as a high-performance, highly-decentralized side-chain for Ethereum and multiple other public chains. The Meter Governance structure utilizes Proof of Work for building a low-volatility and fully decentralized coin for payments and expenses. The platform uses Proof of Stake based on HotStuff with the MTRG coin for validating the transactions, as per the website’s claims. The hybrid consensus tool makes the platform fast; the Meter system can efficiently process thousands of trade transactions per second, achieving finality instantly and securely. As per its whitepaper, MTRG is a vital part of Meter's ingenious hybrid consensus protocol, making the platform greener, a hundred times quicker than standard proof of work-based blockchain.
The Meter Governance platform strives to solve two significant problems in the cryptocurrency ecosystem such as:
MTRG is the native and governance token.) of the Meter ecosystem. As per its whitepaper, the token is designed for significant modifications to the monetary policy, MTR productions and latest element added to the primary chain which need voting to be started by MTRG. The holders can stake the MTRG tokens simply as a PoS (Proof of Stake) validator or assign them to other PoS validators for approving transactions and earning MTR. The holders can earn varied costs paid in the MTR from the on-chain and cross-chain transactions. The MTRG tokens can be staked in the DeFi apps developed by the Meter platform. The traders can partake in the governance of the Meter ecosystem.
The Meter Governance platform launched its Meter Passport in the third quarter of 2021. In the fourth quarter of 2021, the platform burned MTRG coins. The platform suggested costs and gas optimization in the first quarter of 2022.
We update our Meter Governance to USD currency in real-time. Get the live price of Meter Governance on Coinbase.
The current market cap of Meter Governance is $3.26M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Meter Governance is $33.55. This all-time high is highest price paid for Meter Governance since it was launched.
Over the last 24 hours, the trading volume of Meter Governance is $80.30K.
Assets that have a similar market cap to Meter Governance include SolCex, Dark Cheems, Foxsy AI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Meter Governance is 32 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.
Social stats
Popularity in posts
#1793
Contributors
6,290
Posts
7,901
% About Meter Governance
0.021%
Articles
37
Hold times
0 days
X (Twitter)
39.57% bullish
Sentiment
1.7 ★
Highlights
6,290 unique individuals are talking about Meter Governance and it is ranked #1,793 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Meter Governance has an average sentiment score of 33 out of 5. Finally, Meter Governance is becoming less newsworthy, with 37 news articles published about Meter Governance.
On Twitter, people are mostly neutral about Meter Governance. There were 47.96% of tweets with bullish sentiment compared to 21.23% of tweets with a bearish sentiment about Meter Governance. 52.04% of tweets were neutral about Meter Governance. These sentiments are based on 1277 tweets.
On Reddit, Meter Governance was mentioned in 499 Reddit posts and there were 8073 comments about Meter Governance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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.