Monolith (TKN) price has declined today.
The price of Monolith (TKN) is $0.055388580261 today with a 24-hour trading volume of $96.00. This represents a -0.50% price decline in the last 24 hours and a -1.30% price decline in the past 7 days. With a circulating supply of 36 Million TKN, Monolith is valued at a market cap of $2,007,384.
What is Monolith?
Monolith is a decentralized financial platform on Ethereum which provides wallet and exchange services. The project allows users to spend their digital assets in the real world by exchanging their ERC-20 tokens into fiat and loading them onto their Monolith Visa debit card.
What are TKN tokens?
TKN is Monolith’s native token and allows users to top-up their Monolith card without paying a 1% commision fee.
When any other token besides TKN is used to top-up a Monolith card, the user will be charged a 1% commision fee which will be sent to the Community Chest smart contract. TKN holders can burn their tokens in exchange for a proportional amount of the tokens stored in the Community Chest.
How does Monolith work?
Monoliths aims to provide users with a portal to interact with the DeFi ecosystem seamlessly through:
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An Ethereum wallet to store funds and perform exchanges
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A Visa debit card which can be used to spend crypto assets
The Monolith app allows users to view their balances, track their spending and convert their digital assets into fiat or other cryptocurrencies, including interest-bearing tokens such as aDAI. Unlike conventional wallets, Monolith makes use of a main wallet and a “gas tank” wallet. Before users are able to spend their funds, they would have to top-up their gas tank, which allows them to top-up their card in the future and to send tokens to other wallets.
The Monolith Visa debit card uses GBP (£) or Euros (€) and can be used at any merchant that accepts Visa. There is currently no monthly fee to maintain the card but fees may apply for purchases and ATM withdrawals.
For example, when a user converts their cryptocurrency into fiat to top-up their card, they will be charged 1% community contribution fees if they are not converting TKN tokens. On top of that, a 1% license fee will be charged and paid to Monolith if the tokens converted are not stablecoins such as USDT or USDC. For more details on fees, you may refer to Monolith’s pricing page.
Monolith requires users to undergo a Know-Your-Customer (KYC) process before they can receive their debit cards.
How do I get TKN tokens?
You can obtain TKN tokens by purchasing them from cryptocurrency exchanges such as Uniswap.
Where can you buy Monolith?
TKN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Monolith is Uniswap V2 (Ethereum), where the most active trading pair TKN/WETH has a trading volume of $95.97 in the last 24 hours.
What is the daily trading volume of Monolith (TKN)?
The trading volume of Monolith (TKN) is $96.00 in the last 24 hours, representing a -0.50% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Monolith (TKN)?
The highest price paid for Monolith (TKN) is $4.39, which was recorded on Jan 12, 2018 (over 5 years). Comparatively, the current price is -98.70% lower than the all-time high price.
What is the all-time low for Monolith (TKN)?
The lowest price paid for Monolith (TKN) is $0.000058001698, which was recorded on Jun 13, 2020 (over 3 years). Comparatively, the current price is 95,394.80% higher than the all-time low price.
What is the market cap of Monolith (TKN)?
Market capitalization of Monolith (TKN) is $2,007,384 and is ranked #1559 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TKN tokens (36 Million tokens are tradable on the market today).
What is the fully diluted valuation of Monolith (TKN)?
The fully diluted valuation (FDV) of Monolith (TKN) is $2,182,684. This is a statistical representation of the maximum market cap, assuming the maximum number of 39 Million TKN tokens are in circulation today. Depending on how the emission schedule of TKN tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Monolith compare against its peers?
With a price decline of -1.30% in the last 7 days, Monolith (TKN) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Monolith today?
There are no votes on Monolith (TKN) today. Be the first to vote and share this with your community.
How to add Monolith (TKN) to MetaMask?
Adding Monolith (TKN) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TKN as a token. You can copy TKN’s contract address (0xaaaf91d9b90df800df4f55c205fd6989c977e73a) and import it manually, or if you've installed MetaMask's chrome extension, add TKN to MetaMask with one click on CoinGecko.
Add TKN to MetaMask.
