What is the issuance price and issuance volume of Magpie coins?

Magpie Coin is a deflationary cryptocurrency with a community-driven governance model, available on multiple exchanges, including PancakeSwap, with a current price of $0.025 USD.

Dec 28, 2024 at 01:03 pm

Key Points:

• Magpie Coin issuance details, including price and volume
• Understanding the Magpie Coin project and its goals
• Magpie Coin's tokenomics and distribution
• Listing details and current prices of Magpie Coin
• Market sentiment and potential impact of Magpie Coin
• Frequently Asked Questions (FAQs)

Issuance Price and Issuance Volume of Magpie Coins

1. Magpie Coin Issuance Price:

   • The initial public offering price (IPO) of Magpie Coin was $0.015 USD.

2. Magpie Coin Issuance Volume:

   • The total issuance volume of Magpie Coin is 100 billion tokens.
   • Of this total, 35 billion tokens were distributed during the IPO.

Understanding the Magpie Coin Project and Its Goals

1. Project Overview:

   • Magpie Coin is a community-driven cryptocurrency that aims to revolutionize the digital asset space.
   • It is built on the Binance Smart Chain (BSC), leveraging its speed, scalability, and cost-effectiveness.

2. Goals:

   • Magpie Coin's primary goal is to become a widely adopted medium of exchange for online transactions.
   • It also seeks to empower the community through governance and participation in project development.

Magpie Coin's Tokenomics and Distribution

1. Token Distribution:

   • The distribution of Magpie Coin is as follows:

     • 35% Public sale
     • 25% Marketing and development
     • 20% Ecosystem and partnership
     • 10% Team and advisors
     • 10% Reserve

2. Tokenomics:

   • Magpie Coin has a deflationary mechanism where a portion of transaction fees is burned.
   • This reduces the circulating supply over time, potentially increasing the value of the coin.

Listing Details and Current Prices of Magpie Coin

1. Listing Details:

   • Magpie Coin was first listed on PancakeSwap on April 26, 2023.
   • It is now also listed on several other exchanges, including Hotbit and LBank.

2. Current Prices:

   • As of July 12, 2023, Magpie Coin is trading at $0.025 USD on PancakeSwap.
   • Its current market capitalization is approximately $875 million USD.

FAQs

Q: What are the potential benefits of investing in Magpie Coin?
A: Potential benefits include high-growth potential, community governance, and deflationary tokenomics.

Q: What is the main use case of Magpie Coin?
A: Magpie Coin aims to be a medium of exchange for online transactions and a means of community empowerment.

Q: Is Magpie Coin a good long-term investment?
A: The long-term value of Magpie Coin depends on factors such as market conditions, project development, and community adoption.