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MXC

MXC

Trade MXC on DEX

MXC can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.

About MXC

MXC is the ERC-20 utility token of the MXProtocol, a decentralized data network which utilizes low-power wide area network technology. MXC functions as a governance token, and also underpins transactions among MXProtocol participants.

The MXC cryptocurrency platform is based on the low power wide area network (LPWAN) and the Machine eXchange Protocol (MXProtocol). MXC brings an exceptionally unique coin offering, Machine exchange Coin (MXC), with this solid device network foundation. MXC enables additional data transactions within this massive data market. LPWAN (low-power wide area network) is a wireless wide area network technology that interconnects low-bandwidth, battery-powered devices with low bit rates. 

MXProtocol aims to reduce collision between networks and build an inter-chain data market. In addition, it also plans to establish a market for network coverage and introduce an independent quality-of-services (QoS) framework for data providers and receivers alike. This is the first time users, corporations, and enterprises can all seek to participate in building a decentralized and secured LPWAN worldwide. Adopters can aim to profit and trade MXC simply by connecting anything to the network.

MXC is an ERC-20 utility token used for device transactions on the MXC Supernode network. Staking gives the MXC community a chance to share in Supernode profits. A Supernode is a peer-to-peer network node that serves as a relay and proxy server for other users, handling data flow and connections.

Machine Exchange Coin (MXC) is a decentralized global token technology that seeks to offer a unique and specifically designed data trade network. Data can be shared on a broader scale while aiming to ensure complete end-to-end privacy. MXC is intended to be distributed to data owners, receivers, and network hosts, facilitating the cross-over between a commodity-based coin and an everyday trading coin currency.

Members of the MXC community can stake and share in MXC Supernode profits. Its operators, Supernode stakers, and the MXC Foundation receive a small percentage of all network fees transacted through a Supernode. 

MXC was launched in January 2018. Xin Sheen Hu, Aaron Wagener, and Piotr Brzezinski are the cofounders of the MXC project. In the MXC project, there is a maximum total supply of 2,664,965,800 MXC tokens. 

Market

Market stats

Market cap

$33.8M

Volume (24h)

$107.7M

Circulating supply

2.6B MXC

Typical hold time

Not enough data

Popularity

#722

All time high

$0.13

Price change (1h)

+0.01%

Price change (24h)

+0.07%

Price change (7d)

-21.93%

News about MXC

BeInCrypto • Apr 28, 24

Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React?

Shibarium's forthcoming upgrade on May 2 aims to enhance transaction efficiency and stability, promising a bullish outlook for SHIB's market performance.The post Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React? appeared first on BeInCrypto.

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Blockworks • Apr 28, 24

Web3 Watch: ‘Buy Bitcoin’ sign, first post-halving satoshi go up for sale

Plus, a CryptoPunk sells for $12 million and Blockworks buys a goat

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DL News • Apr 28, 24

Marathon Digital reveals plan to double its Bitcoin mining capacity this year

Acquisitions and orders in pipeline seen adding up to 100% increase in hash rate.

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DL News • Apr 28, 24

Franklin Templeton’s $380m BENJI token upgrade is just for institutional investors — for now

Some investors can trade Franklin Templeton’s tokenised fund on the Stellar blockchain.

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BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

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The Block • Apr 27, 24

DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion

Government prosecutors have contested the notion that the Tornado Cash developer's case is all about the freedom to write code for the blockchain.

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Social

Some highlights about MXC on social media

61 unique individuals are talking about MXC and it is ranked #1,092 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, MXC has an average sentiment score of 3.2 out of 5. Finally, MXC is becoming more newsworthy, with 0 news articles published about MXC. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about MXC. There were 88.89% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about MXC. 11.11% of tweets were neutral about MXC. These sentiments are based on 9 tweets.

On Reddit, MXC was mentioned in 0 Reddit posts and there were 0 comments about MXC. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

61 people

Volume rank

#1,092

Average Sentiment

3.2 out of 5

Twitter

Coinbase Bytes

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MXC is on the decline this week.

The price of MXC has increased by 0.01% in the last hour and increased by 0.07% in the past 24 hours. MXC’s price has also fallen by 21.93% in the past week. The current price is $0.0128 per MXC with a 24-hour trading volume of $107.70M. Currently, MXC is valued at 90.17% below its all time high of $0.13. This all-time high was the highest price paid for MXC since its launch.

The current circulating supply of MXC is 2,642,132,371.4 MXC which means that MXC has as total market cap of 2,642,132,371.4.

FAQ

What is the current price of MXC?

We update our MXC to USD currency in real-time. Get the live price of MXC on Coinbase.

What is the market cap of MXC?

The current market cap of MXC is $33.84M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MXC?

The all-time high of MXC is $0.13. This all-time high is highest price paid for MXC since it was launched.

What is the 24 hour trading volume of MXC?

Over the last 24 hours, the trading volume of MXC is $107.70M.

What other assets are similar to MXC?

Assets that have a similar market cap to MXC include Alpine F1 Team Fan Token, OG Fan Token, MonaCoin, and many others. To see a full list, see our comparable market cap assets.

How many MXC are there?

The current circulating supply of MXC is 2.6 billion.

What is the relative popularity of MXC?

MXC ranks 255 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of MXC?

Currently, 95% of Coinbase users are buying MXC. In other words, 95% of Coinbase customers have increased their net position in MXC over the past 24 hours through trading.

Can I buy MXC on Coinbase?

Yes, MXC is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy MXC guide.

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