Ethereum Money price is $0.00001707
As of now, Ethereum Money (ETHMNY) has increased with its price currently sitting at approximately $ 0.00001707. In the last 24 hours, the cryptocurrency has experienced a change of +0.00%, reflecting the typical volatility within the crypto market. It's important to keep an eye on market trends to understand how the price of Ethereum Money fluctuates over time.
Ethereum Money (ETHMNY) is a digital asset that operates on the Ethereum blockchain, adhering to the ERC20 standard, a popular protocol for issuing tokens on Ethereum's network. The ERC20 design of Ethereum Money aims for mass adoption by offering a token that is compatible with the vast ecosystem of Ethereum-based projects and services. This compatibility ensures that Ethereum Money can potentially be integrated with various decentralized applications (dApps), exchanges, wallets, and other smart contract functionalities within the Ethereum landscape.
Ethereum Money was developed by an entity or group of developers with the aim of creating a cryptocurrency that leverages the well-established Ethereum network. The details regarding the founders or team behind Ethereum Money are typically found on their official website or in their whitepaper, providing insights into the minds and motivations behind the project.
As an ERC20 token, Ethereum Money works by following a set of standardized rules that have been implemented within its smart contract on the Ethereum blockchain. These rules govern how the tokens can be transferred, how transactions are approved, how data is accessed, and other functionalities. As with any ERC20 token, Ethereum Money relies on the Ethereum network for security and takes advantage of its decentralized infrastructure to enable peer-to-peer transactions.
Ethereum Money is designed to enhance mass adoption of cryptocurrencies by offering an ERC20 token that brings a unique value proposition to the table. Its uniqueness would be rooted in its project goals, the specific problems it aims to solve, or perhaps any innovative technology or methods it employs to stand out in the crowded marketplace of crypto tokens. Without specific details on its strategic advantages, it's challenging to pinpoint what makes Ethereum Money distinctive, but it claims to build upon the Ethereum ecosystem, potentially aligning itself with Ethereum's advancements and user base.
Ethereum Money's integration into the Ethereum ecosystem is intrinsic to its nature as an ERC20 token. This means it can seamlessly work with every service and dApp that supports the standard ERC20 interface, including wallets, decentralized finance (DeFi) platforms, and other services. The token's success in integration largely depends on the partnerships, collaborations, and adoption within various platforms on the Ethereum blockchain.
The circulating supply of Ethereum Money (ETHMNY) in the market is , while its total supply is capped at 660.0B. The available supply indicates how many tokens are currently held by the public and circulating in the market, which can impact its price and liquidity.
Ethereum Money's market capitalization, which represents the total market value of all circulating Ethereum Money tokens, is currently valued at $ . The cryptocurrency is also ranked #1 in terms of its market capitalization compared to other cryptocurrencies, providing an insight into its relative size and importance in the market. Its trading volume over the past 24 hours is recorded at 59.6, indicating the level of activity and interest in buying or selling the token during that period.
Ethereum Money (ETHMNY) can be purchased on the . Interested buyers should always ensure they are using reputable exchanges and follow the required steps for purchasing and trading ERC20 tokens securely.
Storing Ethereum Money safely involves using reputable wallets that offer ERC20 token support. As it functions on the Ethereum network, most Ethereum-compatible wallets should be able to hold Ethereum Money. When choosing a wallet, consider factors such as security features, user-friendliness, and the team behind the wallet, prioritizing wallets that are highly regarded in the community. Always keep your private keys secure and consider using hardware wallets for higher amounts as they offer an added layer of security.
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