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Myro

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₹1.96

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13.05%

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₹0.26

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13.05%

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₹1.73

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₹2

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What is Myro (MYRO)?

Myro is a popular meme coin on the Solana blockchain. It is a dog-themed meme coin inspired by Solana co-founder Raj Gokal’s dog, Myro. It was launched in November 2023 and has garnered a huge following since inception. The Myro network offers several features such as high transaction speed, low transaction fees, and robust community engagement. 

Who founded Myro (MYRO)?

Myro was inspired by Solana co-founder Raj Gokal’s dog, Myro, and was launched on the Solana blockchain in November 2023.

Primary features of Myro (MYRO)

• MYRO token: The MYRO token plays a significant role in the Myro ecosystem. It is used as a medium of exchange within the platform and for facilitating transactions. MYRO token holders can stake their tokens to earn rewards and also contribute to Solana’s decentralization.

• High transaction speeds: The Myro network is known for its high transaction speed of 4.5 seconds and can process up to 3,000 transactions per second. The platform also offers low transaction fees, making it speedy, efficient, and cost-effective.

• Eco-friendly: One of the primary features of Myro is its eco-friendly design, thanks to its proof-of-participation technology, a sustainable alternative to energy-intensive protocols like proof-of-work. 

Community-centric: Similar to other meme coins, Myro is a community-centric token that allows users to participate in decision-making, allowing them to vote on key decisions and proposals within the Myro ecosystem.

Is Myro (MYRO) a promising cryptocurrency?

The price of MYRO, the Solana-based meme coin, has zoomed over 3,500% since its launch in November 2023. The market value and popularity also increased significantly, fetching it attention within the meme coin community. MYRO has a market cap of $136.86 million as of November 2024 and ranks at #323 in the overall crypto market. MYRO’s all-time high so far is $0.4465, attained on March 9, 2024. Upholding a strong momentum, the MYRO token is expected to perform well in the next few years, with analysts estimating it to reach $0.3335 by 2030. 

How do I use MYRO?

• MYRO tokens can be bought and traded on crypto trading platforms to leverage price fluctuations.

• MYRO can be used as a medium of exchange with vendors that accept the token.

• MYRO token holders can stake their tokens to earn rewards and also contribute to Solana’s decentralization.

• MYRO holders can vote on key decisions and proposals within the Myro ecosystem.

Pros & Cons of Myro (MYRO)

Pros

• Myro is eco-friendly as it leverages the proof-of-participation technology, a sustainable alternative to energy-intensive protocols like proof-of-work. 

• The Myro network processes a high transaction speed of 4.5 seconds and can process up to 3,000 transactions per second. 

• The platform also offers low transaction fees, making it fast, efficient, and cost-effective.

Cons

• MYRO is subject to high volatility, as it is driven by hype rather than utility.

• Despite being a popular crypto, its competitors include meme coin giants like DOGE and SHIB.

• The Myro ecosystem is still in its early stages, with limited use cases.

How do I buy Myro (MYRO) on CoinSwitch?

• Start investing in MYRO with just ₹100.

• MYRO price is updated in INR in real-time.

• You can trade in MYRO and 300+ other cryptos in a secure environment on CoinSwitch.

Myro (MYRO) ICO summary

MYRO was launched in November 2023, with a total supply of 1 billion tokens and a circulating supply of 999.98 million. There is no information available regarding MYRO’s Initial Coin Offering (ICO). 

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FAQ's on Myro

1. What is the Myro (MYRO) coin?

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Myro (MYRO) is a decentralized meme coin launched on the Solana blockchain in November 2023, inspired by the dog of Solana co-founder Raj Gokal.

2. How does Myro (MYRO) cryptocurrency work?

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Myro works by leveraging the Solana blockchain to provide a secure, high-speed, and energy-efficient platform with near-zero transaction fees.

3. How do I use Myro (MYRO) crypto tokens?

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You can use Myro tokens for trading, holding as an investment, or engaging in the Solana ecosystem where supported.

4. Is Myro (MYRO) a good investment?

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As an investment, Myro’s appeal lies in its community-driven growth and Solana’s robust blockchain, but its status as a meme coin implies high risk.

Highlight

The Myro network is a decentralized platform built on the Solana blockchain, which has its native token, MYRO. MYRO has established itself as a popular meme coin.

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Myro Price Statistics

MYRO Price Today

MYRO Price

1.955

Price Change 24h

percent_change_icon

13.05%

Price Change 7d

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16.29%

Market Rank

#895

Market Cap

₹157 Cr.

Trade Vol 24h

75 Cr

Circulating Supply

94 Cr. MYRO

Trading Activity

67% Buy33% Sell

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