Metal Dollar Price (XMD)

The live Metal Dollar (XMD) price today is $ 0.997729, with a 0.17% change over the past 24 hours. The current XMD to USD conversion rate is $ 0.997729 per XMD.
Metal Dollar currently ranks #- by market capitalisation at $ 834,761, with a circulating supply of 836.56K XMD. During the last 24 hours, XMD traded between $ 0.986119 (low) and $ 1.014 (high), reflecting market activity. Its all-time high stands at $ 1.086, while the all-time low was $ 0.181588.
In short-term performance, XMD moved -0.45% in the last hour and +0.25% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Metal Dollar is $ 834.76K, with a 24-hour trading volume of --. The circulating supply of XMD is 836.56K, with a total supply of 836560.774787. Its Fully Diluted Valuation (FDV) is $ 834.76K.
-0.45%
+0.17%
+0.25%
+0.25%
During today, the price change of Metal Dollar to USD was $ +0.00170485.
In the past 30 days, the price change of Metal Dollar to USD was $ +0.0004234361.
In the past 60 days, the price change of Metal Dollar to USD was $ +0.0022629491.
In the past 90 days, the price change of Metal Dollar to USD was $ -0.0048787283261976.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.00170485 | +0.17% |
| 30 Days | $ +0.0004234361 | +0.04% |
| 60 Days | $ +0.0022629491 | +0.23% |
| 90 Days | $ -0.0048787283261976 | -0.48% |
In 2040, the price of Metal Dollar could potentially see a growth of 0.00%. It could reach a trading price of $ --.
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability.
What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction.
History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain.
What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps.
What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
What is Metal Dollar about?
The Metal Dollar (XMD) is an innovative stablecoin operating on the Proton Blockchain, designed to enhance stability, transparency, and efficiency in digital transactions. It is uniquely backed by a selection of established, non-algorithmic bank reserve-backed stablecoins such as USDC, USDT, and PAX, aiming to mitigate risks associated with single-issuer or algorithmic stablecoins and improve stability.
What makes Metal Dollar unique?
Metal Dollar stands out by pegging its value to a basket of established stablecoins, offering a novel approach to stability and governance. It leverages the Proton Blockchain to enable secure, efficient transactions with fast confirmation times, high throughput, and low fees. Additionally, it features a decentralized governance model supported by the Metal DAO (XMT) token, allowing XMT holders to propose and vote on key decisions, ensuring a democratic and inclusive management of the protocol's direction.
What's the history of Metal Dollar?
The Metal Dollar project was launched in 2022 in response to the increasing demand for stability and reliability in the cryptocurrency market. It seeks to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency provided by the Proton Blockchain.
What's next for Metal Dollar?
Future plans for XMD include collaborations with industry stakeholders to expand its reach and enhance functionality. Upcoming developments aim to achieve interoperability with other blockchain networks and increase integration with decentralized applications (DApps).
What can Metal Dollar be used for?
XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto the Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Which blockchain network does Metal Dollar run on?
Metal Dollar operates on the -- network, which defines how transactions are processed, the speed of confirmations, and overall security. The chain also determines compatibility with wallets, dApps, and smart contract standards.
What is the current price of XMD?
The token is priced at ₹89.7739759178310750000, marking a price movement of 0.17% over the last 24 hours. Price updates are aggregated from leading global exchanges in real time.
What category does Metal Dollar belong to?
Metal Dollar falls under the Stablecoins category. This classification helps investors compare XMD with similar assets in the same sector, such as DeFi, meme, Layer-1, Layer-2, or AI tokens.
What is the market capitalization of Metal Dollar?
Its market capitalization is ₹75110389.6059396750000, placing the asset at rank #3950. Market cap provides a broad measure of size, adoption, and investor confidence.
How much supply of XMD is currently circulating?
There are 836560.774787 tokens circulating in the market. This amount directly influences supply-demand balance, price discovery, and inflation expectations.
How active is trading for Metal Dollar today?
Over the past day, XMD generated ₹-- in trading volume. Strong volume often indicates heightened market interest or reactions to recent news.
How does the price today compare to recent highs and lows?
Within the last 24 hours, Metal Dollar fluctuated between ₹88.7293276612343250000 and ₹91.2380131084500000, giving traders insight into short-term volatility and potential breakout zones.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-05 20:29:54 | Currency Policy | Bank of Japan's December Rate Hike Reaches High Consensus, Highest Interest Rate in 30 Years About to Land |
| 12-05 15:24:33 | Industry Updates | Solana Co-founder: Total Crypto Market Cap Will Continue to Rise, Eventually Becoming a Battle for Blockchain Market Share |
| 12-04 09:24:58 | Industry Updates | Crypto Market Rally Returns, ETF Capital Inflows Reach $1.1 Billion, Hitting a 7-Week High |
| 12-03 18:46:22 | Currency Policy | UK New Legislation: Cryptocurrencies Incorporated into "Personal Property" Protection System |
| 12-03 10:11:55 | Industry Updates | Crypto Market Shows Rebound with Widespread Gains, SUI and PENGU Up Over 20% |
| 12-03 06:23:37 | Industry Updates | $376 million liquidated across the market in the past 24 hours, mainly short positions |
Top cryptocurrencies with market data available on MEXC
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.