Matrexcoin to USD Price Chart

Did the price of Matrexcoin (MAC) increase today?

As of our last update, the price of Matrexcoin (MAC) has increased and is now pegged at $ 0.00020391. Please bear in mind that cryptocurrency prices are volatile and can change rapidly. Always check the latest price before making any decisions.

What Is Matrexcoin (MAC)?

Matrexcoin (MAC) is a unique type of cryptocurrency that is designed to support renewable energy initiatives. Renewable energy refers to energy collected from renewable resources, which are naturally replenished on a human timescale. These resources include sunlight, wind, rain, tides, waves, and geothermal heat. Matrexcoin can be used as a payment method for any services related to renewable energy, making it a unique and valuable contributor to the environmental and energy industry.

Who developed Matrexcoin?

Matrexcoin's development team or founder's information is not readily available in the base information provided. However, the MAC cryptocurrency operates on the Ethereum blockchain, indicating that its development could have been overseen by a team familiar with Solidity, the programming language used to write smart contracts on Ethereum.

How does Matrexcoin work?

Matrexcoin leverages the Ethereum Blockchain technology using smart contracts. These smart contracts establish secure, private, and trusted communication links between users. Additionally, they enable MAC to be used as a direct payment method for renewable energy services, enriching the use-case scenarios for this coin. Furthermore, by being on the Ethereum blockchain, Matrexcoin enjoys the security, decentralization, and interoperability benefits that this platform offers.

What Makes Matrexcoin Unique?

Matrexcoin stands out due to its emphasis on using cryptocurrency as a tool for promoting renewable energy use. It aims to function not just as a medium of exchange or a store of value but as a catalyst for green initiatives and investments in renewable energy technologies. Moreover, they also have plans to expand their use into other partner platforms, making it a desirable and flexible cryptocurrency for a wide range of uses tied to renewable energy.

What is the circulation and total supply of Matrexcoin?

The circulating supply of Matrexcoin is currently MAC, out of a total supply of 90.0M MAC tokens. These figures could change over time based on how the coin is allocated and used.

How Is the Matrexcoin Network Secured?

Since Matrexcoin is built on the Ethereum network, its security is provided by the same mechanism that secures the entire Ethereum ecosystem. Ethereum uses a consensus mechanism known as Proof-of-Work (PoW), where miners solve complex mathematical problems to validate transactions and create new blocks.

How to Acquire and Store Matrexcoin (MAC)?

Macrexcoin (MAC) can be bought on various cryptocurrency exchanges mentioned in CREX24. After purchase, it is highly advised for security reasons to move your MAC to a wallet that you control, rather than keeping it on the exchange. Given it is an ERC-20 token, it can be stored on any wallet supporting Ethereum-based tokens, such as MetaMask or MyEtherWallet.

What's the market cap of Matrexcoin?

The market capitalization of Matrexcoin is currently $ . The daily trading volume of this cryptocurrency is 0.1. Always remember these numbers can quickly change due to market volatility. Always verify these metrics on a trusted cryptocurrency tracking website prior to making any investment decisions.

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