Home Cryptocurrency News Free Bitcoins Metal (CRYPTO:MTL) Market Capitalization Reaches $90.26 Million

Metal (CRYPTO:MTL) Market Capitalization Reaches $90.26 Million

5 min read

Metal (CURRENCY:MTL) traded 8.5% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on March 4th. Metal has a total market capitalization of $90.26 million and approximately $4.77 million worth of Metal was traded on exchanges in the last 24 hours. One Metal token can currently be purchased for about $4.06 or 0.00042389 BTC on major exchanges including Bittrex, Cryptopia, Binance and Huobi. Over the last week, Metal has traded 23% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Ripple (XRP) traded up 4.4% against the dollar and now trades at $0.83 or 0.00008719 BTC.
  • NEO (NEO) traded 5.6% higher against the dollar and now trades at $91.11 or 0.00951733 BTC.
  • Stellar (XLM) traded up 3.5% against the dollar and now trades at $0.30 or 0.00003164 BTC.
  • IOTA (MIOTA) traded 7.4% higher against the dollar and now trades at $1.41 or 0.00014682 BTC.
  • TRON (TRX) traded 11.7% higher against the dollar and now trades at $0.0389 or 0.00000407 BTC.
  • Tether (USDT) traded down 0.5% against the dollar and now trades at $1.00 or 0.00010422 BTC.
  • VeChain (VEN) traded 9.8% higher against the dollar and now trades at $3.86 or 0.00040328 BTC.
  • OmiseGO (OMG) traded up 9.7% against the dollar and now trades at $14.71 or 0.00153669 BTC.
  • ICON (ICX) traded up 10.8% against the dollar and now trades at $2.75 or 0.00028703 BTC.
  • Binance Coin (BNB) traded up 8.5% against the dollar and now trades at $8.36 or 0.00087305 BTC.

Metal Token Profile

Metal uses the hashing algorithm. It launched on June 9th, 2017. Metal’s total supply is 66,588,888 tokens and its circulating supply is 22,242,464 tokens. The Reddit community for Metal is /r/MetalPay. The official website for Metal is www.metalpay.com. Metal’s official Twitter account is @metalpaysme.

According to CryptoCompare, “Metal is a blockchain-based system utilizing Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency, acting as a bridge to the cryptocurrency world. Metal’s system uses provable payments attached to verified identities to distribute currency. Anyone can participate to earn METAL as a reward for converting fiat to cryptocurrency. The Metal project aims to provide all of the financial services small to medium sized businesses (SMB) might need. The MTL token is the native currency within the Metal system and it’s distributed through a Proof of Processed Payments (PoPP) in which users earn MTL for sending money or making purchases. “

Buying and Selling Metal

Metal can be purchased on the following cryptocurrency exchanges: Tidex, EtherDelta, Binance, Cryptopia, Huobi and Bittrex. It is not possible to buy Metal directly using U.S. dollars. Investors seeking to acquire Metal must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Metal using one of the exchanges listed above.

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