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Price
$0.66
10/3/2022, 9:02:34 AM
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Market

Market stats

Market cap

$28.1M

Volume (24h)

$1.3M

Circulating supply

42.6M MC

All time high

$45.24

Price change (1h)

+0.38%

Price change (24h)

+0.21%

Price change (7d)

+2.76%

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Merit Circle is on the rise this week.

The price of Merit Circle has risen by 2.76% in the past 7 days. The price increased by 0.21% in the last 24 hours. In just the past hour, the price grew by 0.38%. The current price is $0.658764 per MC. Merit Circle is 98.54% below the all time high of $45.24.

The current circulating supply is 42,592,000 MC.

About

What Is Merit Circle (MC)?

The Merit Circle platform is a DAO (decentralized autonomous organization) that creates earning opportunities for people who are expanding the metaverse. DAO refers to decentralized social organizations described by rules encrypted as a transparent computer program. More precisely, the platform hosts several educational and scholarship opportunities and provides resources to aspiring gamers in the metaverse.

Moreover, Merit Circle aims to revolutionize gaming and educate players. Additionally, the DAO comprises a platform for gamers to earn revenue by participating in games in the play-to-earn model. Additionally, the network provides competitive in-game resources to the players. Also, the platform hosts classes and offers educational content for players to improve their performance. At present, 20 games are available on the Merit Circle DAO. Also, every profit earned by the player is split into two parts. More precisely, the platform keeps 30% of the profit and distributes the remaining share to the gamer as a reward.

In addition, the DAO is developing a platform covering everything a player requires or wants to know. Hence, Merit Circle aims to provide gamers with a place where they can easily switch between games and see their in-game statistics. Also, with the use of the platform, users can conveniently access their finances without quitting the ongoing game.

Additionally, Merit Circle includes the main DAO controlling several sub-DAOs that help in the expansion of the play-to-earn sector. Moreover, various individuals enable the governance of the platform’s protocol supported by the MC token holders.

MC token is a governance token of Merit Circle that holders can use to contribute to the decision-making of the DAO. Governance tokens refer to cryptocurrencies that grant voting rights to the holders. Besides this, users can state MC tokens for a substantial amount of the coins.

History of Merit Circle

The Merit Circle released its platform in the fourth quarter of 2021.

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FAQ

What is the current price of Merit Circle?

The price of 1 Merit Circle currently costs $0.66.

What is the market cap of Merit Circle?

The current market cap of Merit Circle is $28.05M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Merit Circle?

The all-time high of Merit Circle is $45.24. This all-time high is highest price paid for Merit Circle since it was launched.

What is the 24 hour trading volume of Merit Circle?

Over the last 24 hours, the trading volume of Merit Circle is $1.34M.

What other assets are similar to Merit Circle?

Assets that have a similar market cap to Merit Circle include Gods Unchained, Sentinel Protocol, bZx Protocol, and many others. To see a full list, see our comparable market cap assets.

How many Merit Circle are there?

The current circulating supply of Merit Circle is 43 million.

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