What is the circulation amount of Magpie coins?

Magpie Coin, with a circulating supply of 19 million MPIE and a market cap of $25-$35 million, is currently priced between $1.25-$1.75.

Dec 28, 2024 at 07:03 am

Key Points:

• Magpie Coin Circulation Supply: 19 million MPIE
• Magpie Coin Market Cap: $25-$35 million
• Magpie Coin Current Price: $1.25-$1.75

What is the Circulation Amount of Magpie Coins?

Magpie Coin (MPIE) is a cryptocurrency that operates on the Binance Smart Chain (BSC). It is a deflationary token that rewards holders and aims to maximize long-term value and adoption.

Circulation Supply

As of September 15, 2023, the circulating supply of Magpie Coin is approximately 19 million MPIE. This represents the number of MPIE tokens that are currently in circulation and available for trading on cryptocurrency exchanges.

Market Cap

The market capitalization of Magpie Coin fluctuates based on its circulating supply and current price. As of September 15, 2023, the market cap of MPIE ranges between $25-$35 million.

Current Price

The current price of Magpie Coin is approximately $1.25-$1.75. The price of MPIE is influenced by various factors, including market demand, supply, and overall crypto market sentiment.

Unique Features of Magpie Coin

• Deflationary Mechanism: MPIE has a deflationary mechanism that reduces the total supply of coins over time.
• Holder Rewards: Magpie Coin rewards holders with a portion of the transaction fees, encouraging long-term ownership.
• Staking: MPIE holders can earn rewards by staking their coins, contributing to network security and earning passive income.
• Community Governance: Magpie Coin holders can participate in decision-making through a decentralized governance system.

Potential of Magpie Coin

The potential of Magpie Coin lies in its deflationary nature, holder rewards, and community-driven governance. The project aims to foster a strong and engaged community that drives innovation and adoption.

FAQs

• How can I buy Magpie Coin?

  • MPIE can be purchased on cryptocurrency exchanges that support the Binance Smart Chain, such as PancakeSwap and MEXC.

• Is Magpie Coin a good investment?

  • The potential return on investment for Magpie Coin depends on the project's ability to deliver on its long-term goals and market demand.

• What is the future of Magpie Coin?

  • The future of Magpie Coin will be shaped by its development roadmap, community involvement, and overall crypto market conditions.