Moneytoken Price for today is $5.97419234793e-05. Its current circulating supply is IMT 19,155,705,310 with a market cap of $563,386.
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Currently, Moneytoken (IMT) is trading at $0.0001 with IMT price 0.213028% up today. The market cap of Moneytoken is USD 563,386 with 9,430,337,526 imt circulating currently. The 24-hour price movement chart indicates that $3,799 worth of IMT were trading. The price peaked to $0.0003 in the last 24 hours while the lowest price was $0.0003.
Moneytoken price prediction suggests that the IMT price is up for a long-term 15067.66211% in the IMT price value with a 5-year investment. This means that in 2023, the IMT price is forecasted to stand at $0.009061.
MoneyToken is a Blockchain-based Financial Ecosystem focused on cryptocurrency-backed lending and crypto assets leveraging. The main concept of MoneyToken revolves around the idea that our innovative economic model allows you to hold onto your cryptocurrency and spend cash at the same time. MoneyToken consists of a moneytoken lending platform that provides loans in fiat currencies or stable coin, secured by collateral in BTC and ETH; MTC - Moneytoken’s own stable coin; and moneyToken decentralized Exchange service. Moneytoken has a truly innovative concept; hold onto your cryptocurrency and spend on necessary purchases at the same time.
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Money Token Ltd is an operational legal entity which will be used for obtaining financial licenses and signing contracts with fiat payment partners and providers to issue loans in fiat currencies.The MoneyToken platform allows you to borrow liquid funds instantly, based on the current value of your cryptocurrency asset holdings. CoinSwitch is an exchange for cryptocurrencies which aggregates over 300 different kinds of cryptocurrencies and alt-coins, including cryptocurrencies like Bitcoin, Ethereum, Neo, Moneytoken and Monero.
You can buy IMT from CoinSwitch, the largest cryptocurrency exchange enables the buying, selling and trade Moneytoken as well as facilitating IMT exchange in the most seamless manner. CoinSwitch has a simple Moneytoken converter which can be used to see the price of IMT as compared to fiat currencies, like USD, EUR, GBP, etc. or other cryptocurrencies like BTC, NEO, Tether, etc.
CoinSwitch makes it easy to trade Moneytoken with transactions between the sender and the receiver made simple using the user-friendly UI which deposits the ether into the benefactor’s IMT coin wallet with a public address and a unique private key, which is never asked by CoinSwitch to be revealed.
Platforms which attempt to intermediate cryptocurrency-backed loans between individual lenders and borrowers usually fail to provide the service of risk management to their clients; price volatility of the collateral creates a burdensome risk to both the lender and borrower. At the other side of the spectrum, all of the lending channels are unwilling to accept volatile assets such as cryptocurrency as collateral at all.MoneyToken aims to resolve these problems, managing clients’ risks and creating a stable lending model using cryptocurrencies as a security deposit. Their model aims to facilitate access to credit while building a new credit market – loans backed by crypto collateral, based on the security and transparency of blockchain technology. MoneyToken is an ecosystem, with its individual stable coin and a decentralized exchange service. MoneyToken allows borrowers to apply for credit not only in fiat currencies but also in stablecoins, convenient when the credit funds will be used to make payments inside the cryptocurrency market.
If you are new to crypto trading, it's always advisable to learn about, what is Moneytoken, it's benefits and indicative return on investment.