Real-time MWC price analysis
The current price of MimbleWimbleCoin in real time is $7.52and its trading volume is equal to US$3153 in the last 24 hours. MWC price has grew by
2.03%
on the last day and increased by
15.90%
in the last 7 days. It is important to note that MimbleWimbleCoin’s current market capitalization is US$82,367,682and the maximum offer is 20,000,000 MVC coins. Speaking of revolving supplies, MWC has 10 949 132 coins. Currently, MimbleWimbleCoin’s market rating is #394.
MimbleWimbleCoin price today
76.85%
below
always on top and that’s it
2406.27%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling IEC are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is MimbleWimbleCoin (MWC)?
MimbleWimbleCoin (MWC) is a token based on pure PoW Mimblewimble protocol. The token provides higher network scalability, privacy and fungibility than traditional blockchain technologies.
A privacy-focused decentralized system called Mimblewimble. uses a revolutionary method of organizing and storing transactions on the blockchain. It uses Proof of the cuckoo cycle in two versions – Cuckaroo, which ASIC-resistantand Cuckatoo, which is focused on ASICs. Mimblewimble was created by an unknown developer under the pseudonym Tom Elvis Jedusor in mid-2016. In the French translation, Riddle’s name is Tom Elvis Jedusor, which is an anagram of “Je suis Voldemort”. The name of the protocol was also inspired by the tongue-binding spell from Harry Potter.
The MWC project’s goal is to match and exceed any other service on the market in terms of security and scalability. All aspects of MWC financial services, from concept to distribution and expansion, help enhance the monetary sovereignty of those who purchase and hold MWC tokens. This is done with minimal cost and maximum benefit to effectively harness the potential of human activity. You can view the latest MWC price in the charts above.
MWC Use Cases
MimbleWimbleCoin is designed to hide any cryptocurrency transfer and keep it secret and untraceable. Because the Mimblewimble blockchain is highly scalable, it enhances the usability and privacy of MWC. Because MWC transactions do not display the address, amount, or other inputs and outputs in blocks, no one other than the party to the transaction can distinguish one transaction from another since the details appear to be random pieces of data.
In addition, MWC is also used for rewards miners for validating transactions and ensuring network security.
Finally, MWC token holders can simply HODL your tokens to earn more from them.
Are you planning to purchase MWC crypto assets? Before doing this, be sure to analyze the price of MimbleWimbleCoin. To do this, use the MWC price chart above.
Who founded MimbleWimbleCoin?
The MimbleWimbleCoin crypto project does not provide any information about the identity of the founders, since they chose to remain anonymous, but only states that the platform “brought to you by a team of seasoned cypherpunks.”
MWC Tokenomics
With a maximum MWC supply of 20 million, the platform has structured a 50/50 token distribution model:
- 10 million MWC will be mined PoW.
- 10 million will be transferred to BTC holders and used as HODL rewards for MWC token holders.
Be sure to refer to the charts above to see MimbleWimbleCoin’s current price, trading volume, market capitalization, and other metrics.
What is the trading volume of MimbleWimbleCoin in the last 24 hours?
MWC has trading volume US$3153 in the last 24 hours.
What is the highest MimbleWimbleCoin price ever?
MWC has the highest price $32.49which was achieved at February 25, 2020 (4 years 11 hours ago).
What is the lowest MimbleWimbleCoin price ever?
MWC has the lowest price US$0.3002which was achieved at May 09, 2023 (9 months 2 weeks ago).
Which exchanges are best for buying and selling MWC?
Currently the most active and dominant exchanges for buying and selling MimbleWimbleCoin are Binance, Kraken & Kucoin. The most popular MimbleWimbleCoin trading pairs MWC/BTC
(on
WhiteBIT
),
MWC/USDT
(on
BitForex
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing MWC?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage MimbleWimbleCoin. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
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Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
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