Convert XION XION to Mongolian Tögrög MNT
XION to MNT: 1 XION converts to MNT 277.26 MNT as of September 13 at 9:08 AM
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About XION
XION is climbing this week. The current price of XION is MNT 277.26 per XION. With a circulating supply of 92,675,958 XION, it means that XION has a total market cap of MNT 35,239,892,119.58. The amount of XION traded has fallen by -MNT 90,684,293.39 in the last 24 hours, which is a 9.75% decrease. Additionally, in the last day, MNT 930,038,947.52 worth of XION has been traded.
The exchange rate of XION is increasing. The current value of 1 XION is MNT 277.26 MNT. In other words, to buy 5 XION, it would cost you MNT 1,386.31 MNT. Inversely, MNT 1.00 MNT would allow you to trade for 0.003607 XION while MNT 50.00 MNT would convert to 0.1803 XION, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.94%. Meanwhile, in the last 24 hours, the rate has changed by 1.35%, and that the highest exchange rate of 1 XION to MNT was MNT 395.12 MNT and the lowest 24 hour value was 1 XION for MNT 378.44 MNT. Last month, 1 XION was worth MNT 369.52 MNT. Today, it's up 4.63%. Looking back a year, XION has changed by MNT 3,436.83 MNT. That means that in a single year, the value of XION has shrank by 88.74%.
XION Market Stats
XION is the first L1 purpose-built for mainstream adoption. **What is XION?** XION is a blockchain built for everyone, everywhere through chain abstraction. Utilizing its Generalized Abstraction layer, XION distinguishes itself by integrating complex blockchain functionalities, such as accounts, signatures, and interoperability, directly at the protocol level. This approach allows for engagement with blockchain applications without needing to understand the underlying technologies. XION is the native utility token that is used for: - Network Usage Fees: Transactions on the XION network incur fees, which are used innovatively to offset the minting of new tokens. This mechanism means that as network usage increases, the offsetting of fees could lead to a deflationary token model. - Proof of Stake Security: As a proof-of-stake network, XION relies on validators to maintain its integrity. $XION token holders can delegate their tokens to validators or stake their tokens to run their own validator nodes. In addition, instead of calculating inflation against all tokens, the XION network calculates against only staked tokens. This vastly reduces the token’s overall inflation, leading to much more sustainable economics of the network. - Governance: $XION token holders can actively participate in network governance by proposing and voting on proposals. - Medium of Exchange & Collateral: $XION can be utilized as native liquidity and collateral within the ecosystem. It can also facilitate peer-to-peer transactions across applications and accounts within the XION ecosystem. **What makes XION unique?** Generalized Abstraction Layer: XION's foundational feature is its Generalized Abstraction layer, designed to simplify blockchain technology's complexities. This innovation aims to address the primary challenges that have prevented widespread blockchain adoption, providing a comprehensive solution for users and developers. Meta Accounts: A distinctive element of XION, Meta Accounts, abstracts the traditional key model, enabling varied authentication methods. This feature facilitates a user-friendly transition from traditional web experiences to blockchain-based applications. Signature and Device Abstraction: Through a signature-agnostic approach, XION accommodates transactions authenticated via common methods like email and biometrics. This inclusivity extends to device usage, ensuring seamless interactions across multiple platforms, thereby boosting security and user accessibility. Parameterized Fee Layer: XION introduces a parameterized fee system that abstracts fees, enhancing user convenience. Furthermore, this system supports transactions denominated in stablecoins, such as USDC, enabling familiar pricing and stability. Abstracted Interoperability: Focusing on interoperability, XION ensures that its Meta Accounts are compatible across diverse blockchain ecosystems. This feature enhances the user experience by facilitating effortless cross-chain interactions through chain abstraction. **Who are the founders of XION?** Burnt is the research and development company that first began contributing to XION blockchain. Burnt Banksy, the founder, purchased a painting by the internationally famous artist Banksy, incinerated it, and then created an authenticated 1 of 1 NFT representation, selling it for more than the original physical artwork. His actions demonstrated the concept of digital scarcity on the world stage, making NFT community history and receiving universal acclaim in the process. The story was covered by leading publications including Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, TechCrunch, and many others. He is often cited as one of the catalysts for NFTs as well as being cited in the wikipedia for the word NFT. **How is XION secured?** XION operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. Prominent validators help to secure the network while making it more decentralized as well. XION is backed by industry leaders such as Animoca, Circle, Multicoin, Arrington, Spartan, Draper Dragon, Hashkey, GoldenTree, Mechanism, Morningstar Ventures, Figment, Play Ventures, Valor, Sfermion, Kucoin Ventures, MH Ventures, Laser Digital (Nomura) and more.
Conversion tables
XION to MNT values from Today at 9:08 am
0.5 XION = MNT 138.63 MNT |
1 XION = MNT 277.26 MNT |
5 XION = MNT 1,386.31 MNT |
10 XION = MNT 2,772.62 MNT |
50 XION = MNT 13,863.08 MNT |
100 XION = MNT 27,726.16 MNT |
500 XION = MNT 138,630.81 MNT |
1,000 XION = MNT 277,261.62 MNT |
MNT to XION values from Today at
MNT 0.50 MNT = 0.001803 XION |
MNT 1.00 MNT = 0.003607 XION |
MNT 5.00 MNT = 0.01803 XION |
MNT 10.00 MNT = 0.03607 XION |
MNT 50.00 MNT = 0.1803 XION |
MNT 100.00 MNT = 0.3607 XION |
MNT 500.00 MNT = 1.80 XION |
MNT 1,000.00 MNT = 3.61 XION |
XION to MNT over time
XION | Today | 24H -37.75% | 1M -33.28% | 1Y -1,139.56% |
|---|---|---|---|---|
0.5 XION | MNT 138.63 MNT | MNT 190.96 MNT | MNT 184.76 MNT | MNT 1,718.41 MNT |
1 XION | MNT 277.26 MNT | MNT 381.92 MNT | MNT 369.52 MNT | MNT 3,436.83 MNT |
5 XION | MNT 1,386.31 MNT | MNT 1,909.58 MNT | MNT 1,847.61 MNT | MNT 17,184.14 MNT |
10 XION | MNT 2,772.62 MNT | MNT 3,819.16 MNT | MNT 3,695.22 MNT | MNT 34,368.28 MNT |
50 XION | MNT 13,863.08 MNT | MNT 19,095.81 MNT | MNT 18,476.11 MNT | MNT 171,841.40 MNT |
100 XION | MNT 27,726.16 MNT | MNT 38,191.62 MNT | MNT 36,952.22 MNT | MNT 343,682.80 MNT |
500 XION | MNT 138,630.81 MNT | MNT 190,958.11 MNT | MNT 184,761.11 MNT | MNT 1,718,414.01 MNT |
1,000 XION | MNT 277,261.62 MNT | MNT 381,916.22 MNT | MNT 369,522.23 MNT | MNT 3,436,828.02 MNT |
Frequently asked questions
Right now, 1 XION is worth about MNT 277.26 MNT.
Based on the current rate, you could get 0.003607 XION for 1 MNT.
XION price has been on the rise. Since yesterday, the exchange rate of XION has increased. Since last month, the exchange rate of XION has increased. Since this time last year, the price of XION has decreased.
You can use our XION to MNT calculator at the top of this page to convert any amount of XION to MNT. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.01803 XION. Inversely, 5 XION will cost about MNT 1,386.31 MNT.
XION can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy XION.
There are a number of crypto assets that have the a similar or comparable market cap to XION, including XION, ColossusXT, and Bella Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to XION.
Buy XION with Coinbase Wallet
Create a Coinbase account to buy and sell XION on the most secure crypto exchange.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.