Magpie Price (MGP)
Magpie Price (MGP)
1 MGP to USD Live Price:
Magpie (MGP) Price Information (USD)
+0.09%
-1.81%
+2.36%
+2.36%
Magpie (MGP) real-time price is $0.02380598. Over the past 24 hours, MGP traded between a low of $ 0.02330089 and a high of $ 0.02442548, showing active market volatility. MGP's all-time high price is $ 0.21073, while its all-time low price is $ 0.00789301.
In terms of short-term performance, MGP has changed by +0.09% over the past hour, -1.81% over 24 hours, and +2.36% in the past 7 days. This provides you with a quick overview of its latest price trends and market dynamics on MEXC.
Magpie (MGP) Market Information
The current Market Cap of Magpie is $ 11.44M, with a 24-hour trading volume of --. The circulating supply of MGP is 480.73M, with a total supply of 1000000000.0. Its Fully Diluted Valuation (FDV) is $ 23.80M.
Magpie (MGP) Price History USD
During today, the price change of Magpie to USD was $ -0.00044006126150277.
In the past 30 days, the price change of Magpie to USD was $ +0.0019637790.
In the past 60 days, the price change of Magpie to USD was $ -0.0078868473.
In the past 90 days, the price change of Magpie to USD was $ -0.021157849789416106.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.00044006126150277 | -1.81% |
| 30 Days | $ +0.0019637790 | +8.25% |
| 60 Days | $ -0.0078868473 | -33.12% |
| 90 Days | $ -0.021157849789416106 | -47.05% |
What is Magpie (MGP)
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues:
- Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate.
- Limited income for veToken holders - veToken holders can earn zero or limited passive income.
- Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights.
Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to:
- Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken.
- Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue.
- Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.
Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. In the long term,
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Magpie (MGP) Resource
Magpie Price Prediction (USD)
How much will Magpie (MGP) be worth in USD tomorrow, next week, or next month? What could your Magpie (MGP) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Magpie.
Check the Magpie price prediction now!
MGP to Local Currencies
Magpie (MGP) Tokenomics
Understanding the tokenomics of Magpie (MGP) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about MGP token's extensive tokenomics now!
People Also Ask: Other Questions About Magpie (MGP)
Magpie (MGP) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 10-28 21:35:49 | Industry Updates | Some Solana ecosystem meme coins show significant gains today, CHILLHOUSE surges over 130% in a single day |
| 10-28 14:23:33 | Industry Updates | Bitcoin's October return this year is temporarily reported at 0.39%, compared to the historical average return of 21.89% |
| 10-27 21:40:25 | Industry Updates | CoinShares: Digital asset investment products saw net inflows of $921 million last week |
| 10-27 16:29:31 | Industry Updates | ZEC Circulating Market Cap Approaches $6 Billion, Reaches new all-time high |
| 10-26 23:17:37 | Industry Updates | Bitcoin Rebounds Past $113,000, Ethereum Breaks Through $4,000 |
| 10-26 19:10:22 | Industry Updates | Driven by "PING" going viral, x402 transaction count and trading addresses surge tens of times |
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.
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