MAP Protocol (MAP) Trading Down 6.5% This Week

by · The Markets Daily

MAP Protocol (MAP) traded 3.4% higher against the US dollar during the 1 day period ending at 16:00 PM ET on October 29th. One MAP Protocol coin can now be purchased for $0.0082 or 0.00000011 BTC on cryptocurrency exchanges. MAP Protocol has a market cap of $62.70 million and $1.28 million worth of MAP Protocol was traded on exchanges in the last day. Over the last seven days, MAP Protocol has traded down 6.5% against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded 4.6% higher against the dollar and now trades at $72,376.40 or 0.98409062 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 3.8% higher against the dollar and now trades at $71,680.56 or 0.97462944 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About MAP Protocol

MAP Protocol’s genesis date was November 8th, 2019. MAP Protocol’s total supply is 9,697,223,991 coins and its circulating supply is 7,607,635,128 coins. MAP Protocol’s official Twitter account is @mapprotocol and its Facebook page is accessible here. The Reddit community for MAP Protocol is https://reddit.com/r/MarcoPoloProtocol and the currency’s Github account can be viewed here. MAP Protocol’s official website is www.mapprotocol.io. The official message board for MAP Protocol is medium.com/@mapprotocolofficial.

According to CryptoCompare, “MAP Protocol, a Bitcoin layer-2 and peer-to-peer omnichain network, specializes in cross-chain interoperability. It enables interoperability of blockchain assets, storage, and computing, spanning both EVM and non-EVM chains. Utilizing a decentralized approach, it relies on code and light clients for cross-chain communication, not single entities. MAP, the native cryptocurrency, is used for network fees and incentivizing block producers. The protocol aims to ensure secure, decentralized blockchain communication and transactions. Cross-chain requests are managed by off-chain roles and verified by light clients. Its integration with the Bitcoin network enhances security, recording data and the Proof of Stake consensus of the MAP Relay Chain in Bitcoin blocks. Co-founded by James Cheng, the team includes experts in blockchain research, smart contract development, and foundational blockchain engineering.”

MAP Protocol Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as MAP Protocol directly using U.S. dollars. Investors seeking to trade MAP Protocol should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase MAP Protocol using one of the exchanges listed above.

MAP/USD price chart by TradingView