Price
$0.75
8/18/2022, 7:21:28 PM
diamondHands

Keep an eye on MagnetGold

Get instant alerts for major price changes.

Market

Market stats

Market cap

-

Volume (24h)

$74,787.64

Circulating supply

-

All time high

$1.11

Price change (1h)

+0.09%

Price change (24h)

+1.66%

Price change (7d)

+3.43%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

MagnetGold is on the rise this week.

The price of MagnetGold has risen by 3.43% in the past 7 days. The price increased by 1.66% in the last 24 hours. In just the past hour, the price grew by 0.09%. The current price is $0.747938 per MTG. MagnetGold is 32.62% below the all time high of $1.11.

The current circulating supply is 0 MTG.

About

What Is MagnetGold (MTG)?

MagnetGold is a Binance Smart Chain (BEP-20) based decentralized cryptocurrency, developed with an aim to make the world more developed and prosperous. 

As per the whitepaper, MagnetGold seeks to make this virtual digital currency accessible and advantageous to the public to start using and accepting cryptocurrency. Moreover, MagnetGold aims to use blockchain technology to redefine the relationship between people and finance. 

MagnetGold seeks to provide a public, decentralized, and secure mechanism to conduct self-executing transactions using a globally acclaimed smart contract. Apart from its agent, the green energy sector also faces various challenges like energy storage, economic, and financial challenges. However, the economic sector may be one of the most significant challenges facing the renewable energy market. New corporate forces are driving up investment in the industry considerably. However, transitioning away from carbon is a significant change at a high financial cost. 

MagnetGold aims to provide a renewable energy marketplace built on smart contracts and tokenization technology. Hence, renewable energy projects can be contacted directly by energy traders. Project owners can use the platform to hold auctions and trade a portion of their energy output. The transparency and security of the transaction are also guaranteed by blockchain, which is permanently stored on the platform, allowing all participants to audit the results. 

MagnetGold describes itself as a cryptocurrency, which was designed to support and solve problems in a variety of services rather than simply one, including the following:

  • Funding and expertise assistance to start-ups.

  • Support for renewable energy sources.

  • Agro/Organic agriculture support and care.

  • For merchants or communities, support for the new e-commerce revolution.

  • Support for real estate.

The native token of the platform is "MTG." The primary goal of the MTG token is to make this cryptocurrency more accessible to the public. MagnetGold claims that MTG tokens have a dedicated blockchain, scalable consensus methods, low power use, and global acceptability. In addition, MTG currency's technology is a considerable help to people battling the environmental issue and helping to create a more sustainable global economy. 

Furthermore, the token seeks to utilize a complete and transparent development process to enable the users to look through the history of all transactions.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to MagnetGold in market cap.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article