Mountain Protocol USD (USDM) Price

#738

$0.9989

0.02%24h
- 0.0001628$
$0.9952 $1.003
24h Change Range

Market Cap

$48.0M+
0.04%

Volume (24h)

$394.8K+

F.D Valuation

47.9M+

Circulating Supply

48.0M+

Total Supply (Est.)

48.0M+

Max. Supply

Mountain Protocol USD Information

Official Website

mountainprotocol.com
Mountain Protocol USD Website

Mountain Protocol USD (USDM) Wallet

Whitepaper

Official Forum

Social Links

Contract Address

Block Explorers

Main Chain

Platforms

Source Code

Official Announcements

medium.com
Mountain Protocol USD (USDM) Historical Market

24 Price Range

-

All-Time High

$1.160 13.87%
8/20/2024 1:41 PM

All-Time Low

$0.5425 84.05%
Aug 14 2024

Mountain Protocol USD Chart

Mountain Protocol USD (USDM) Live Market Details and Information

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

FAQs About Mountain Protocol USD (USDM)

The current price of 1 Mountain Protocol USD (USDM) in USD is $0.9989. This price is currently -13.87% than its all-time high (ATH) of $1.160, and 84.05% than its all-time low (ATL) of $0.5425.
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 Mountain Protocol USD’s price.

The market capitalization of Mountain Protocol USD (USDM) is $47,955,834.00 as of today.
Mountain Protocol USD (USDM) is currently ranked #738 in the market, and this market cap is calculated by multiplying the current price of Mountain Protocol USD with the circulating supply.
The circulating supply of Mountain Protocol USD (USDM) is 48,000,500, meaning there are 48,000,500 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 Mountain Protocol USD (USDM) 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 Mountain Protocol USD (USDM)’s official platforms.

The trading volume of Mountain Protocol USD (USDM) today is $394,838.00. This represents the total value of Mountain Protocol USD (USDM) 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, Mountain Protocol USD (USDM) 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 Mountain Protocol USD'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 Mountain Protocol USD (USDM) to make well-informed trading decisions.

The all-time high (ATH) price of Mountain Protocol USD (USDM) is $1.160. This ATH was reached on 20 Aug 2024, marking the highest value ever for Mountain Protocol USD (USDM) in the market. Currently, Mountain Protocol USD is lower than its ATH by -13.87%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Mountain Protocol USD, 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 Mountain Protocol USD (USDM) is $0.5425. This ATL was reached on 14 Aug 2024, marking the lowest value ever for Mountain Protocol USD (USDM). Currently, Mountain Protocol USD is higher than its ATL by 84.05%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Mountain Protocol USD (USDM), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Mountain Protocol USD (USDM), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Mountain Protocol USD (USDM) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Mountain Protocol USD 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 Mountain Protocol USD.
4. Place an Order: After funding your account, navigate to the Mountain Protocol USD (USDM) trading pair (e.g., Mountain Protocol USD/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 Mountain Protocol USD 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 Mountain Protocol USD (USDM).

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