MAG7.ssi

MAG7.SSI Price

What is MAG7.ssi about?

MAG7.ssi is a cutting-edge spot index solution designed to simplify and secure crypto investments. It leverages on-chain smart contracts to repackage multi-chain, multi-asset portfolios into Wrapped Tokens (SSI), which represent a basket of underlying assets. These tokens track the value fluctuations of the spots basket, enabling passive index investing.

What makes MAG7.ssi unique?

MAG7.ssi is unique because it carefully selects the top 7 projects by market cap, ensuring strong social consensus and ample liquidity. It offers enhanced systematic beta returns from the crypto industry while providing high risk resistance. The initial 10% equal weighting allocation gives sufficient weight to second-tier leaders outside of Bitcoin and Ethereum, helping investors secure foundational returns while capturing excess returns from emerging leaders.

What can MAG7.ssi be used for?

MAG7.ssi can be used to achieve the effects of passive index investing by tracking the value fluctuations of a basket of underlying assets. It offers a structured approach to crypto investments, providing systematic beta returns while minimizing transaction friction through monthly rebalancing with a buffer setting.

Where can you buy MAG7.ssi?

MAG7.SSI tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade MAG7.ssi is Gate, where the most active trading pair MAG7.SSI/USDT has a trading volume of $47,776.93 in the last 24 hours. Other popular options include Uniswap V3 (Base) and Uniswap V2 (Base).

What is the daily trading volume of MAG7.ssi (MAG7.SSI)?

The trading volume of MAG7.ssi (MAG7.SSI) is $621,151.27 in the last 24 hours, representing a 8.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for MAG7.ssi (MAG7.SSI)?

MAG7.ssi (MAG7.SSI) reached an all-time high of $1.35 and an all-time low of $0.3761. It’s now trading -58.00% below that peak and 50.10% above its lowest price.

What is the market cap of MAG7.ssi (MAG7.SSI)?

Market capitalization of MAG7.ssi (MAG7.SSI) is $94,635,671 and is ranked #296 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MAG7.SSI tokens (170 Million tokens are tradable on the market today).

What is the fully diluted valuation of MAG7.ssi (MAG7.SSI)?

The fully diluted valuation (FDV) of MAG7.ssi (MAG7.SSI) is $94,635,671. This is a statistical representation of the maximum market cap, assuming total number of 170 Million ETH tokens are in circulation today.

How does the price performance of MAG7.ssi compare against its peers?

With a price increase of 12.00% in the last 7 days, MAG7.ssi (MAG7.SSI) is outperforming the global cryptocurrency market which is up 10.90%, while outperforming when compared to similar Base Native cryptocurrencies which are up 5.10%.