How much is the circulation of MCOIN (MCOIN) currency?

Understanding MCOIN's market supply and valuation is crucial for investors to gauge the token's potential and make informed investment decisions, as it impacts market dynamics, price fluctuations, and overall adoption.

Jan 04, 2025 at 06:30 pm

Understanding MCOIN (MCOIN) Currency: Dissecting Market Supply and Valuation

Key Points:

• CoinMaxers, the official team behind MCOIN, provides insights into its emission schedule and token distribution.
• CoinMarketCap and LiveCoinWatch offer real-time data on MCOIN's circulating supply, liquidity, and market performance.
• CryptoCompare showcases MCOIN's market valuation, trading volume, and historical performance.
• Coingecko aggregates information on MCOIN's development, community engagement, and places it 3272nd in its overall ranking.
• MCOIN's listing on Gate.io and KuCoin reflects its growing adoption within the cryptocurrency ecosystem.

1. Delving into the Emission Schedule and Token Distribution

CoinMaxers, the driving force behind MCOIN, has meticulously planned the emission and distribution of the token. The tokenomics are designed to ensure transparency, scarcity, and long-term value creation.

• Max Supply: The total supply of MCOIN is capped at 73,982,796 MCOIN, introducing an element of scarcity into the ecosystem.
• Release Schedule: MCOINs are released gradually into the market through a tiered emission schedule. The biweekly release ensures a steady flow of tokens while maintaining market stability.
• Initial Distribution: Upon its launch, 20% of the total MCOIN supply was allocated to various stakeholders, including investors, developers, and advisors.
• Community Allocation: A substantial portion of MCOIN is reserved for the community through incentivized mining programs and community rewards. This approach fosters a sense of ownership and encourages active participation.

2. Exploring Circulating Supply and Market Liquidity

CoinMarketCap and LiveCoinWatch serve as reliable sources for up-to-date information on MCOIN's circulating supply and market liquidity.

• Circulating Supply: These platforms provide real-time data on the number of MCOINs in active circulation, which directly influences the price of the token.
• Liquidity: Assessing the liquidity of MCOIN is crucial for understanding its trading activity and market stability. CoinMarketCap and LiveCoinWatch display key indicators such as order book depth and volume metrics to gauge liquidity levels.

3. Evaluating Market Valuation and Trading Volume

CryptoCompare offers comprehensive insights into the market valuation and trading volume of MCOIN.

• Market Capitalization: Market Capitalization, the product of circulating supply and price, serves as an indicator of MCOIN's overall market value.
• Trading Volume: Trading volume provides insights into demand and liquidity. Higher trading volume indicates active market participation and can influence price fluctuations.
• Price History: CryptoCompare provides historical price charts, enabling traders to analyze price trends, identify patterns, and make informed trading decisions.

4. Ranking and Market Presence of MCOIN

Coingecko provides a holistic view of MCOIN's ranking, development activity, community engagement, and ecosystem growth.

• Ranking: Coingecko ranks MCOIN 3272nd in its global cryptocurrency ranking system. This ranking is based on a combination of factors, including market capitalization, trading volume, and overall market sentiment.
• Development Activity: Coingecko tracks MCOIN's development activity through code repository updates, issue resolution, and feature enhancements.
• Community Engagement: The platform measures MCOIN's community engagement through social media activity, community events, and user participation.
• Exchange Listings: MCOIN's presence on reputable exchanges, such as Gate.io and KuCoin, signifies growing adoption and market recognition.

5. Understanding Market Dynamics and Growth Potential

Various factors contribute to the dynamics of MCOIN's market price.

• Utility: The success and adoption of MCOIN's underlying platform directly influence its value.
• Adoption: As more users embrace the MCOIN ecosystem, its demand and value increase.
• Market Sentiment: Positive market sentiment, fueled by positive news, partnerships, or technological advancements, can drive MCOIN's price upwards.
• Volatility: Like most cryptocurrencies, MCOIN's price can fluctuate significantly due to market conditions and speculation.

FAQs:

Q: What is the current circulating supply of MCOIN?
A: The exact circulating supply is difficult to estimate as it is not publicly accessible yet. However, CoinMarketCap and LiveCoinWatch provide approximate numbers.

Q: How can I buy MCOIN?
A: MCOIN can be purchased on centralized exchanges like Gate.io and KuCoin. Ensure you choose a trusted and secure platform to facilitate the trade.

Q: Is MCOIN a good investment?
A: The decision of whether MCOIN is a suitable investment depends on your individual risk tolerance and financial