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Merchant Token can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$5.3M

Volume (24h)

$2,037.42

Circulating supply

59.2M MTO

All time high

$16.90

Price change (1h)

0%

Price change (24h)

+3.03%

Price change (7d)

-22.09%

About Merchant Token

Merchant token (MTO) is Hips Merchant Protocol's (HMP), the native protocoltoken issued on Ethereum using the ERC-20 standard. HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP-gateway), and the government Merchant Token (MTO) aim to be defined as a solution to consumer protection. The protocol, gateway, and token seek to introduce consumer protection concepts from the traditional card payment industry to any blockchain with support for distinct smart contracts such as Cardano (ADA), Solana, or Ethereum

Furthermore, HIPS Merchant blockchain is the native blockchain for Merchant Coin (MEO), and HMP that are optimized for real-time Merchant transactions. MEO and HMP are developed for electronic fund transfer devices and payment service providers (PSP) with complete support for backward-compatible financial protocols such as ISO8583 which enables cryptocurrency payments in standard terminal messages utilizing card scheme infrastructures and existing terminals for crypto payments on HIPS Merchant blockchain. 

According to the whitepaper, Merchant Token and Merchant Protocol act as a true enabler and missing piece for mainstream global mass adoption of crypto payments from the perspective of the consumers. MTO introduces the automatic dispute management (ADM) concept and community dispute management (CDM). Community dispute management system (CDM) seeks to allow token holders to enhance token holdings. 

The MTO is a base currency in the systems and concepts of ADM and CDM. The contract and dispute fees are paid in the form of Merchant Token. Moreover, traders can seek to earn and stake dividends from the fees paid for disputes and contracts by holding the tokens. Similarly, the automatic dispute management (ADM) concept assists in resolving the disputes related to the transactions on the blockchain. 

News about Merchant Token

Bitcoin Magazine • Apr 19, 24

The Halving Holiday

A look at the halving through the lens of holidays and what their cultural significance is. From "The Halving Issue."

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Messari • Apr 19, 24

State of Sui Q4 2023 and Q1 2024

The crypto market rebounded in Q4’23 and Q1’24 and Sui was no exception. Its market cap grew by 508% in the past two quarters to $2.3 billion. Its growth outpaced tokens with a similar market cap, as its market cap rank increased from 81 to 57 during that time period. Less than a year after its l...

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Decrypt • Apr 19, 24

How to Mint Runes at the Bitcoin Halving Without Getting Rekt

With the Bitcoin halving on the horizon, anon Twitter user Leonidas broadcasted some top tips when minting Runes.

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The Block • Apr 19, 24

Bitcoin price briefly trades above $65,000 ahead of halving, but investor caution persists, analyst says

Bitcoin briefly breaks out above the $65,000 mark as its halving event approaches, adding around 5% in the past 24 hours.

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Messari • Apr 19, 24

Berachain Tokenomics

Berachain, with its custom Polaris EVM and Proof-of-Liquidity model, aims to attract attention and traction in the DeFi space. The chain's dual-token system incentivizes liquidity provision, while native protocols like BEX, Berps, and Bend enhance its ecosystem. Analysts highlight the potential f...

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Bitcoin Magazine • Apr 19, 24

The Bitcoin Halving Is Happening: Supply to Drop to 3.125 BTC Today

Strong demand is pouring in to bitcoin as its new supply creation gets cut in half, forecasting higher prices to come.

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Merchant Token is on the decline this week.

The current price is $0.0887 per MTO with a 24-hour trading volume of $2.04K. Currently, Merchant Token is valued at 99.48% below its all time high of $16.90. This all-time high was the highest price paid for Merchant Token since its launch.

The current circulating supply of Merchant Token is 59,179,920.841 MTO which means that Merchant Token has as total market cap of 59,179,920.841.

FAQ

What is the current price of Merchant Token?

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

What is the market cap of Merchant Token?

The current market cap of Merchant Token is $5.25M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Merchant Token?

The all-time high of Merchant Token is $16.90. This all-time high is highest price paid for Merchant Token since it was launched.

What is the 24 hour trading volume of Merchant Token?

Over the last 24 hours, the trading volume of Merchant Token is $2.04K.

What other assets are similar to Merchant Token?

Assets that have a similar market cap to Merchant Token include Real Estate Token, SingularFarm, Trivians, and many others. To see a full list, see our comparable market cap assets.

How many Merchant Token are there?

The current circulating supply of Merchant Token is 59 million.

Can I buy Merchant Token on Coinbase?

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

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