MonbaseCoin

MBC Price

About MonbaseCoin (MBC)

MonbaseCoin (MBC) is the native utility token for Monbase, a digital asset exchange platform designed to provide a secure and user-centric trading environment.

• The token facilitates various functions within the Monbase ecosystem, which includes decentralized trading and NFT marketplace services.
• Built on the BNB Chain, MBC aims to offer efficient transactions and a seamless experience for both novice and experienced cryptocurrency users.
• MBC acts as an application utility token, supporting the platform's focus on secure digital asset management and decentralized finance services.

What Is MonbaseCoin

MonbaseCoin is a digital asset designed to power the Monbase exchange ecosystem. The project positions itself as a comprehensive platform for digital asset trading, emphasizing security and a streamlined user experience. By integrating with the BNB Chain, the platform leverages high-speed transaction capabilities to support its trading and marketplace features.

The MBC token is "put to work" as the primary utility asset within this ecosystem. While the specific reward or distribution mechanisms are not fully detailed in available sources, the token is categorized under decentralized finance and exchange-based sectors, suggesting it plays a role in facilitating platform-specific activities such as fee payments or marketplace interactions. As the Monbase ecosystem scales, the token is intended to serve as the backbone for its various integrated services, including its NFT marketplace and decentralized exchange functions.

What Makes MonbaseCoin Unique

• Multi-Sector Integration: Unlike single-purpose tokens, MBC is integrated across an exchange, a decentralized finance environment, and an NFT marketplace.
• User-Centric Architecture: The platform is built with a focus on accessibility, aiming to lower the barrier of entry for users of all technical levels.
• BNB Chain Foundation: By utilizing the BNB Chain, MBC benefits from a mature ecosystem with established liquidity and low-cost transaction infrastructure.

What Can You Use MonbaseCoin for?

• Platform Utility: MBC is used to interact with the Monbase digital asset exchange, potentially offering access to specialized trading features or platform services.
• NFT Marketplace Interaction: The token facilitates transactions within the Monbase NFT marketplace, allowing users to trade digital collectibles.
• Decentralized Finance Services: As a DeFi-categorized asset, MBC may be used in various decentralized protocols or liquidity-related activities within its native ecosystem.

How Does MonbaseCoin Work?

MonbaseCoin operates as a BEP-20 token on the BNB Chain, which utilizes a Proof of Staked Authority consensus mechanism to maintain network security and process transactions. This architecture allows the Monbase platform to offer faster trade execution and lower protocol service fees compared to many legacy blockchain networks.

As an application utility token, MBC is not used to pay network gas fees; instead, it powers the internal logic of the Monbase dApp. Transaction fees on the underlying network are paid in the native currency of the BNB Chain, while MBC is reserved for application-level utility and decentralized trading service interactions.

Team Info and Investors

The available source material does not specify the identities of the founding team or provide details regarding early-stage venture capital backing or institutional investors. The project is described as being built on cutting-edge technology with a focus on security, though formal governance structures or documented investor lists are not currently available in the provided data.

Where can you buy MonbaseCoin?

MBC tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade MonbaseCoin is XT.COM, where the most active trading pair MBC/USDT has a trading volume of $27,126.22 in the last 24 hours.

What is the daily trading volume of MonbaseCoin (MBC)?

The trading volume of MonbaseCoin (MBC) is $27,126.22 in the last 24 hours, representing a -19.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for MonbaseCoin (MBC)?

MonbaseCoin (MBC) reached an all-time high of $0.6635 and an all-time low of $0.008406. It’s now trading -94.80% below that peak and 312.50% above its lowest price.

What is the market cap of MonbaseCoin (MBC)?

Market capitalization of MonbaseCoin (MBC) is $6,585,592 and is ranked #1366 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MBC tokens (190 Million tokens are tradable on the market today).

What is the fully diluted valuation of MonbaseCoin (MBC)?

The fully diluted valuation (FDV) of MonbaseCoin (MBC) is $6,585,592. This is a statistical representation of the maximum market cap, assuming the maximum number of 200 Million MBC tokens are in circulation today. Depending on how the emission schedule of MBC tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of MonbaseCoin compare against its peers?

With a price decline of -15.30% in the last 7 days, MonbaseCoin (MBC) is underperforming the global cryptocurrency market which is down -5.30%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.

How to add MonbaseCoin (MBC) to MetaMask?

Adding MonbaseCoin (MBC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MBC as a token. You can copy MBC’s contract address (0x551faab1027cc50efaea5bed092e330475c3cd99) and import it manually, or if you've installed MetaMask's chrome extension, add MBC to MetaMask with one click on CoinGecko.

Add MBC to MetaMask.