Mir Token MIR

1. Summary

Ranks

Liquidity

42

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.000071380000 +0.2%

Market Cap

$35,688.00 (#9016)

Supply

500.00M / 2.50B

Tags

BNB Chain Ecosystem

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Price
52W High price	$0.000646402300
52W High date	5th Feb 2024 (1 year ago)
All Time High (ATH) Date	15th Dec 2023 (1 year ago)
ATH Price	$0.009830080000
% From ATH	-98.79%
All Time Low (ATL) Date	15th Aug 2024 (9 months ago)
ATL Price	$0.000010990000
% From ATL	980.98%

Supply & Trading Volume
Trading Volume (24h)	$137.00
Total Supply	2.50B
Max Supply	10.00B
Circulating Supply	500.00M

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Description

The banking system faces several issues such as systemic segmentation and isolation, high transfer fees, and liquidity unavailability. These issues are exasperated when conducting transactions between banks as it costs a lot and takes time. The situation worsens in Africa. The advent of COVID-19 has increased the use of digital transaction methods,...

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The banking system faces several issues such as systemic segmentation and isolation, high transfer fees, and liquidity unavailability. These issues are exasperated when conducting transactions between banks as it costs a lot and takes time. The situation worsens in Africa. The advent of COVID-19 has increased the use of digital transaction methods, benefiting digitalized banks. However, the use of Blockchain, a popular digital transaction method, leads to increased weight over time as more transactions are performed, slowing down the transaction speed. This makes it unsuitable for banks. The 'MIR' token has been proposed as a solution, which includes optimizing solutions for Blockchain, allowing billions of daily transactions without performance reduction, and algorithms to reverse blockchain weight, thanks to new encodings and information compression methods.

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