Metal Dollar Price (XMD)

Price of Metal Dollar (XMD) Today

The live price of Metal Dollar (XMD) today is 1.003 USD. It has a current market cap of $ 839.41K USD. XMD to USD price is updated in real-time.
Key Metal Dollar Market Performance:
- 24-hour trading volume is $ 1.34M USD
- Metal Dollar price change within the day is +0.74%
- It has a circulating supply of 836.56K USD

Get real-time price updates of the XMD to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate XMD price information.

Metal Dollar (XMD) Price Performance in USD

During today, the price change of Metal Dollar to USD was $ +0.00741772.
In the past 30 days, the price change of Metal Dollar to USD was $ +0.0061599245.
In the past 60 days, the price change of Metal Dollar to USD was $ +0.0039566344.
In the past 90 days, the price change of Metal Dollar to USD was $ +0.0069580758354517.

Metal Dollar (XMD) Price Analysis

Discover the latest price analysis of Metal Dollar: 24h Low & High, ATH and daily changes:

Metal Dollar (XMD) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is Metal Dollar (XMD)

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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