About Merit Circle
Market Stats
Market Cap
$971,205.06
FDV
$971,205.06
Circulating Supply
11,906,525.341 MC
Max Supply
11,906,525.341 MC
Total Supply
669,811,161 MC
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$374.87
0.07%
All time high
$10.70
Additional info about Merit Circle
Networks and details
The price of Merit Circle has decreased by 0.02% in the last hour and decreased by 8.01% in the past 24 hours. Merit Circle’s price has also fallen by 17.08% in the past week. The current price is $0.0813 per MC with a 24-hour trading volume of $374.87. Currently, Merit Circle is valued at 99.24% below its all time high of $10.70. This all-time high was the highest price paid for Merit Circle since its launch.
The current circulating supply of Merit Circle is 11,906,525.341 MC which means that Merit Circle has as total market cap of $971,205.06.
Price history
Today | $0.0813 | ↘ 7.98% |
1 Day | $0.0884 | ↘ 8.01% |
1 Week | $0.0980 | ↘ 17.08% |
1 Month | $0.12 | ↘ 31.67% |
1 Year | $3.99 | ↘ 97.96% |
Market details
Performance against other markets | ↘ 98.02% |
Performance against BTC | ↘ 98.33% |
Performance against ETH | ↘ 96.07% |
Performance in the past year | ↘ 97.96% |
FAQ
Merit Circle is a decentralized autonomous organization (DAO) that focuses on the play-to-earn (P2E) economy in the gaming industry. It strives to create a new era of gameplay where users can be compensated by playing games they love, transforming gaming from a simple hobby into a potential source of compensation. Merit Circle currently supports Axie Infinity, a popular monster-battling play-to-earn game, and intends to support other games like Star Atlas, Illuvium, and Hash Rush. The project launched on November 4, 2021, and has been in development since July 2021. Despite its young age, it has gained a community.
Merit Circle operates at the intersection of capital, expertise, and players, representing investors, platform managers, and gamers. It aims to maximize value accrual across different games in the metaverse. The compensation that the project has the potential to provide can translate into potentially life-changing benefits for some of the gamers engaging with it. Merit Circle also has a scholarship program for gamers, with over 500 scholars currently playing Axie Infinity. The project was audited by Quantstamp, a security assessment firm in the industry, ensuring the safety of the Merit Circle network.
Merit Circle aims to change the gaming industry by developing the play-to-earn economy. It provides a platform where gamers can be compensated while playing their favorite games. This not only enhances the gaming experience but also provides an opportunity for gamers to gain new skills that will be in high demand as employers expand into the crypto metaverse. Merit Circle also intends to support other games in the metaverse, providing more opportunities for gamers to be compensated. Furthermore, it has a list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games, and more, which could lead to more use cases in the future.
Merit Circle was launched on November 4, 2021, but it has been in development since July 2021. Despite its young age, it has gained a community and has become a known player in the play-to-earn gaming space. It currently supports Axie Infinity, a popular monster-battling play-to-earn game, and intends to support other games in the future. Merit Circle has also accumulated $4.5 million during its seed round with the support of its partners and a number of angel investors. The project has been audited by Quantstamp, ensuring the safety of its network.
We update our Merit Circle to USD currency in real-time. Get the live price of Merit Circle on Coinbase.
The current market cap of Merit Circle is $971.21K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Merit Circle is $10.70. This all-time high is highest price paid for Merit Circle since it was launched.
Over the last 24 hours, the trading volume of Merit Circle is $374.87.
Assets that have a similar market cap to Merit Circle include Fuzion, SAUCEINU, ArbiDex Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Merit Circle is 12 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1243
Contributors
85
Posts
608,390
% About Merit Circle
0.021%
Hold times
0 days
X (Twitter)
3.23% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
85 unique individuals are talking about Merit Circle and it is ranked #1,243 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Merit Circle has an average sentiment score of 3.4 out of 5. Finally, Merit Circle is becoming more newsworthy, with 0 news articles published about Merit Circle. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Merit Circle. There were 3.23% of tweets with bullish sentiment compared to 8.06% of tweets with a bearish sentiment about Merit Circle. 88.71% of tweets were neutral about Merit Circle. These sentiments are based on 141 tweets.
On Reddit, Merit Circle was mentioned in 0 Reddit posts and there were 0 comments about Merit Circle. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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