Merchant Token (MTO) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Merchant Token Price (MTO)
Market stats
Merchant Token is on the decline this week. ↘
The price of Merchant Token has increased by 3.59% in the last hour and decreased by 5.14% in the past 24 hours. Merchant Token’s price has also fallen by 16.66% in the past week. The current price is $0.0520 per MTO with a 24-hour trading volume of $7.06K. Currently, Merchant Token is valued at 99.69% 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 59,179,196.04 MTO which means that Merchant Token has as total market cap of 59,179,196.04.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$3.1M
Volume (24h)
$7,058.95
Circulating
59.2M MTO
All time high
$16.90
Price change
1 hour
↗ 3.59%
1 day
↘ 5.14%
1 week
↘ 16.66%
2 weeks
↗ 23.26%
1 month
↗ 4.11%
1 year
↘ 14.77%
1 year benchmarks
Performance
↘ 10%
Vs. Market
↘ 54.99%
Vs. BTC
↘ 58.45%
Vs. ETH
↘ 39.4%
About Merchant Token
FAQ
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.
The Merchant Protocol was introduced in June 2020 and was launched privately by the HIPS Payment Group. In November 2020, the first Merchant Contract was made available in the Ethereum blockchain. The team behind Merchant Token (MTO) is made up of three main individuals— John Cavebring (CEO), Emil Lumdvall (CFO), and Axel Arvidsson (COO).
We update our Merchant Token to USD currency in real-time. Get the live price of Merchant Token on Coinbase.
The current market cap of Merchant Token is $3.09M. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of Merchant Token is $7.06K.
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.
The current circulating supply of Merchant Token is 59 million.
Merchant Token Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.0520 | 0.98% |
24 hours ago (December 22, 2024) | $0.0515 | -5.14% |
1 week ago (December 16, 2024) | $0.0627 | -16.66% |
1 month ago (November 23, 2024) | $0.0481 | 4.11% |
1 year ago | $0.0578 | -14.77% |
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