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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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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