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Metal (MTL) is a blockchain project that wants to simplify cryptocurrencies and make them more accessible to the general public. They’re accomplishing this through a payment app and platform that compensates users for money spent, money sent, and money received.
This includes both fiat and digital currencies. Users can earn 5% in MTL tokens for carrying out transactions using the Metal Pay App.
Marshall Hayner, the company’s CEO, is a serial entrepreneur with experience working for a variety of cryptocurrency-related businesses.
MTL rallied in December 2017 to $10.87 and then again in January to $10.81. Since mid-June 2018, the coin has been slowly declining.
Metal Pay Metal Coin had a 250% increase in value after it was granted a money transmitter licence from the US state of Washington in March 2021.
In this current phase, one MLT costs approximately $3.
If you believe that the MLT coin is a good deal, you may invest in it.
Here are two uses of Metal Token:
Currently, there are a lot of payment processing apps. Metal Pay’s primary competition comes from the same payment processing apps that it is attempting to replace.
The MTL cryptocurrency was launched via an initial coin offering (ICO) on June 9, 2017. The team sold 55 million tokens at the cost of $0.18 per token. It raised over $10 million in the process. Following the initial coin offering, the MTL token reached an all-time high of $13.86 in September 2017.
Metal (MTL) is a blockchain initiative that aims to make cryptocurrencies more accessible to the general public by simplifying them. Metal’s goal is to let customers send and receive money instantaneously throughout the world.
As per many forecasts, MTL can be a profitable investment option. However, it is important to research properly before investing in any cryptocurrency.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.