MAP Protocol Self Reported Market Capitalization Tops $55.56 Million (MAP)

MAP Protocol (MAP) traded 1.5% lower against the dollar during the one day period ending at 19:00 PM Eastern on November 4th. MAP Protocol has a total market capitalization of $55.56 million and $1.17 million worth of MAP Protocol was traded on exchanges in the last day. One MAP Protocol coin can currently be purchased for approximately $0.0073 or 0.00000011 BTC on popular exchanges. In the last seven days, MAP Protocol has traded 9.5% lower against the dollar.

Here is how similar cryptocurrencies have performed in 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 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $67,865.87 or 0.99772642 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $67,728.48 or 0.99570658 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 was first traded on November 8th, 2019. MAP Protocol’s total supply is 9,697,223,991 coins and its circulating supply is 7,607,635,128 coins. 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 Twitter account is @mapprotocol and its Facebook page is accessible here. The official message board for MAP Protocol is medium.com/@mapprotocolofficial. The official website for MAP Protocol is www.mapprotocol.io.

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.”

Buying and Selling MAP Protocol

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

MAP/USD price chart by TradingView