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Buy or Exhange Magpie (MGP) at the Best Market Price Today.
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Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols. veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to: - Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken. - Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue. - Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated. Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. In the long term,
The current price of 1 Magpie (MGP) in USD is $0.05610.
This price is currently -73.38% than its all-time high (ATH) of $0.2107,
and 610.78% than its all-time low (ATL) of $0.007893.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Magpie’s price.
The market capitalization of Magpie (MGP) is $25,485,620.00 as of today.
Magpie (MGP) is currently ranked #1023 in the market, and this market cap is calculated by multiplying the current price of Magpie with the circulating supply.
The circulating supply of Magpie (MGP) is 453,845,901, meaning there are 453,845,901 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Magpie (MGP) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Magpie (MGP)’s official platforms.
The trading volume of Magpie (MGP) today is $128,585.00.
This represents the total value of Magpie (MGP) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Magpie (MGP) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Magpie's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Magpie (MGP) to make well-informed trading decisions.
The all-time high (ATH) price of Magpie (MGP) is $0.2107.
This ATH was reached on 18 Dec 2024, marking the highest value ever for Magpie (MGP) in the market.
Currently, Magpie is lower than its ATH by -73.38%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Magpie, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Magpie (MGP) is $0.007893.
This ATL was reached on 12 Feb 2023, marking the lowest value ever for Magpie (MGP).
Currently, Magpie is higher than its ATL by 610.78%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Magpie (MGP), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Magpie (MGP), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Magpie (MGP) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Magpie against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Magpie.
4. Place an Order: After funding your account, navigate to the Magpie (MGP) trading pair (e.g., Magpie/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Magpie in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Magpie (MGP).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Magpie (MGP) at the Best Market Price Today.