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About MAP Protocol

MAP Protocol is a decentralized cross-chain interoperability system supported by a dedicated blockchain. The MAP Protocol intends to protect cross-chain assets and enables decentralized applications or DApps to reach their maximum potential. Chain interoperability explains that one blockchain (active chain) can read/write to another blockchain (passive chain). The MAP Protocol allows developers to create a wide range of cross-chain decentralized finance (DeFi) apps on the system. The DeFi apps seek to overcome the issues related to exchanging and using transaction information. Therefore, it enables flexible liquidity transfer throughout the blockchain ecosystem. 

According to its whitepaper, the MAP Protocol allows independent chains to exchange data, information, assets, and smart-contract instructions. The protocol has also built a network on many chains that permit consumers to utilize any interoperable cross-chain service without CEXes. Any blockchain system that supports the MAP protocol can communicate with other blockchain systems. As a result, an open blockchain interoperability environment is developed. Map protocol seeks to provide a safe end-to-end method for any blockchain user to transfer and trade assets.

The MAP Protocol has a dedicated blockchain called MAP Chain, which ensures the security mechanism of ledger and fund custody. The MAP chain is completely EVM compliant and is based on the Proof-of-Stake mechanism and the Byzantine Fault Tolerant consensus protocol. Byzantine Fault Tolerant consensus protocol provides the ability of a cryptocurrency to run normally even if some of the nodes don't function correctly. The MAP protocol also features a governance system managed by the DAO. The MAP token holders can participate in the governance system through proposals.

The Map Standard Chain's native token is termed MAP. The MAP tokens are used to reward system contributors that develop the MAP protocol, create DApps, and establish technological or user communities. Holders of the MAP token are also eligible to engage in on-chain governance and give their votes.

Market

Market stats

Market cap

$105.2M

Volume (24h)

$4.0M

Circulating supply

4.4B MAPO

All time high

$0.25

Price change (1h)

-0.02%

Price change (24h)

-6.62%

Price change (7d)

-2.73%

News about MAP Protocol

BeInCrypto • Apr 25, 24

US Stablecoin Legislation Nears Approval: Rep. Maxine Waters

US Representative Maxine Waters, the ranking member of the Financial Services Committee, has suggested that bipartisan consensus is imminent regarding stablecoin legislation. This development underscores ongoing efforts across party lines and government agencies to establish a regulatory framewor...

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BeInCrypto • Apr 25, 24

TOKEN2049 Dubai Hailed as an Outstanding Success, With 10,000 Attendees

TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week. Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opport...

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BeInCrypto • Apr 25, 24

Coincall Launches CALL Token, Revolutionizing the Virtual Currency Derivatives Platform

Coincall, a leading cryptocurrency derivativies exchange, proudly announces the launch of its native token, CALL. CALL is based on the Solana standard protocol, which can be traded freely like other cryptocurrencies and supports derivative settlement services on the Coincall platform starting Apr...

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Bitcoin Magazine • Apr 25, 24

Morgan Stanley Moving to Start Bitcoin ETF Sales: Reports

Major bank Morgan Stanley may soon allow its 15,000 brokers to recommend Bitcoin ETFs to clients. The move could boost inflows and send a legitimizing signal to other financial institutions.

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The Block • Apr 25, 24

Bitcoin mining difficulty rises for first time immediately after a halving amid Runes fee frenzy

Bitcoin mining difficulty rose 2% to reach a record 88.1 trillion on Wednesday in the first adjustment after last week’s halving event.

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CoinDesk • Apr 25, 24

Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud

Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.

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MAP Protocol is on the decline this week.

The price of MAP Protocol has decreased by 0.02% in the last hour and decreased by 6.62% in the past 24 hours. MAP Protocol’s price has also fallen by 2.73% in the past week. The current price is $0.0240 per MAPO with a 24-hour trading volume of $3.98M. Currently, MAP Protocol is valued at 90.41% below its all time high of $0.25. This all-time high was the highest price paid for MAP Protocol since its launch.

The current circulating supply of MAP Protocol is 4,387,467,169.513 MAPO which means that MAP Protocol has as total market cap of 4,387,467,169.513.

FAQ

What is the current price of MAP Protocol?

We update our MAP Protocol to USD currency in real-time. Get the live price of MAP Protocol on Coinbase.

What is the market cap of MAP Protocol?

The current market cap of MAP Protocol is $105.16M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MAP Protocol?

The all-time high of MAP Protocol is $0.25. This all-time high is highest price paid for MAP Protocol since it was launched.

What is the 24 hour trading volume of MAP Protocol?

Over the last 24 hours, the trading volume of MAP Protocol is $3.98M.

What other assets are similar to MAP Protocol?

Assets that have a similar market cap to MAP Protocol include Uquid Coin, SuperRare, The Root Network, and many others. To see a full list, see our comparable market cap assets.

How many MAP Protocol are there?

The current circulating supply of MAP Protocol is 4.4 billion.

Can I buy MAP Protocol on Coinbase?

Yes, MAP Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy MAP Protocol guide.

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