Metal Dollar Price (XMD)

The live Metal Dollar (XMD) price today is $ 0.997187, with a 0.18% change over the past 24 hours. The current XMD to USD conversion rate is $ 0.997187 per XMD.
Metal Dollar currently ranks #- by market capitalisation at $ 829,985, with a circulating supply of 836.56K XMD. During the last 24 hours, XMD traded between $ 0.990294 (low) and $ 1.009 (high), reflecting market activity. Its all-time high stands at $ 1.086, while the all-time low was $ 0.181588.
In short-term performance, XMD moved -0.44% in the last hour and -0.15% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Metal Dollar is $ 829.99K, with a 24-hour trading volume of --. The circulating supply of XMD is 836.56K, with a total supply of 836560.774787. Its Fully Diluted Valuation (FDV) is $ 829.99K.
-0.44%
+0.18%
-0.15%
-0.15%
During today, the price change of Metal Dollar to USD was $ +0.00175251.
In the past 30 days, the price change of Metal Dollar to USD was $ -0.0014551949.
In the past 60 days, the price change of Metal Dollar to USD was $ +0.0003192992.
In the past 90 days, the price change of Metal Dollar to USD was $ -0.0032693986878612.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.00175251 | +0.18% |
| 30 Days | $ -0.0014551949 | -0.14% |
| 60 Days | $ +0.0003192992 | +0.03% |
| 90 Days | $ -0.0032693986878612 | -0.32% |
In 2040, the price of Metal Dollar could potentially see a growth of 0.00%. It could reach a trading price of $ --.
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability.
What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction.
History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain.
What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps.
What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
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What is Metal Dollar about?
The Metal Dollar (XMD) is an innovative stablecoin operating on the Proton Blockchain, designed to enhance stability, transparency, and efficiency in digital transactions. It is uniquely backed by a selection of established, non-algorithmic bank reserve-backed stablecoins such as USDC, USDT, and PAX, aiming to mitigate risks associated with single-issuer or algorithmic stablecoins and improve stability.
What makes Metal Dollar unique?
Metal Dollar stands out by pegging its value to a basket of established stablecoins, offering a novel approach to stability and governance. It leverages the Proton Blockchain to enable secure, efficient transactions with fast confirmation times, high throughput, and low fees. Additionally, it features a decentralized governance model supported by the Metal DAO (XMT) token, allowing XMT holders to propose and vote on key decisions, ensuring a democratic and inclusive management of the protocol's direction.
What's the history of Metal Dollar?
The Metal Dollar project was launched in 2022 in response to the increasing demand for stability and reliability in the cryptocurrency market. It seeks to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency provided by the Proton Blockchain.
What's next for Metal Dollar?
Future plans for XMD include collaborations with industry stakeholders to expand its reach and enhance functionality. Upcoming developments aim to achieve interoperability with other blockchain networks and increase integration with decentralized applications (DApps).
What can Metal Dollar be used for?
XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto the Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
What is the current price of Metal Dollar?
Metal Dollar (XMD) is trading at £0.7445182387256055000, reflecting a price movement of 0.17% over the last 24 hours. This live data aggregates pricing from global exchanges to give traders an accurate market valuation at any moment.
What role does Metal Dollar play in its ecosystem?
As a core asset within the -- network and a part of the Stablecoins sector, XMD often powers essential functions such as payments, staking, governance voting, and liquidity incentives. Its design can influence how applications or smart contracts operate across its ecosystem.
How actively is XMD being traded today?
Over the last 24 hours, XMD recorded £-- in trading volume. High volume typically signals strong investor interest, healthier liquidity, and better execution for both small and large traders.
What is the circulating supply of Metal Dollar?
There are 836560.774787 tokens in circulation today, which determines the amount accessible for trading. Circulating supply helps investors estimate scarcity, inflation dynamics, and potential long-term token distribution.
What is the market cap and rank of XMD?
Metal Dollar currently holds market rank #3968 with a market capitalization of £619682.1362178525000, placing it among recognized assets within its sector and helping investors measure its relative scale.
How has Metal Dollar performed in the last 24 hours?
Its price has shown a price movement of 0.17% over the last 24 hours. Short-term movement can be influenced by trading sentiment, liquidity shifts, or developments related to the -- network.
How does Metal Dollar compare to similar assets in the same category?
Within the Stablecoins segment, XMD demonstrates competitive activity supported by strong trading levels, high liquidity, and its ongoing use cases within its ecosystem.
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