MagicRing (Mring) is currently priced at $3.800e-10 USD. The price has decreased 0.02% in the last 24 hours. Fully diluted valuation: $37,997.615. Total supply is 99,999,999,999,999 Mring.
Equity
24-hour Return−0.02%($0.00)
Stats
| 1 Day | −0.02% |
|---|
| 1 Month | +0.02% |
|---|
| 3 Months | −0.17% |
|---|
| 1 Year | −0.38% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| −0.02% | +0.02% | −0.17% | −0.38% |
| Market Cap | $0.00 |
|---|
| Fully Diluted | $38K |
|---|
| Market Cap | Fully Diluted |
|---|
| $0.00 | $38K |
About MagicRing
Description:
MagicRing is a community-driven MEMECOIN built on the Ethereum blockchain, aiming to blend entertainment with functionality in the cryptocurrency space. As an ERC-20 token, it leverages the secure and established Ethereum network to offer a decentralized digital asset that infuses the playful culture of internet memes with the serious potential for value transfer and growth.
Purpose:
The primary purpose of MagicRing is to introduce a fun, relatable entry point into the world of cryptocurrencies, engaging a broader audience beyond traditional investors. It serves to create a bridge between popular culture and digital assets, making the blockchain technology behind it more accessible and understandable to the public.
Function:
MagicRing functions as a medium of exchange within the ecosystem it supports, facilitating transactions, tipping, and micro-transactions across social media and other online platforms. Additionally, the token is designed to incentivize community participation through rewards and to serve as a vehicle for community-driven governance.
Utility:
The utility of MagicRing tokens includes:
Transactions: Used for peer-to-peer transactions and as a payment method for goods and services within the ecosystem.
Community Rewards: Holders can earn additional MagicRing tokens through various community engagements, contests, and contributions.
Governance: Token holders have a say in the project's direction and decision-making process through a democratic voting system.
Staking: Users can stake their MagicRing tokens to earn rewards, contributing to the stability and security of the network.