Morpher (MPH)

$0.022

+4.83%

Stay updated on Morpher (MPH) with live charts and instant updates from Morpher. Delve into the Morpher market, grasp cryptocurrency trading, and immerse yourself in the dynamic realm of digital finance. Gain insights into factors influencing MPH price movements through news coverage and market analysis.

Morpher (MPH) Price Real Time-Data

The live price of Morpher (MPH) is $0.022 with a 24-hour trading volume of $6.79K. Its 24-hour peak value is $0.022, and its 24-hour low is $0.021. The current circulating supply is 701.59M MPH, out of a maximum of 1.18B MPH, leading to a fully diluted market capitalization of $16.12M. The Morpher (MPH) to USD price is updated in real-time.

What is Morpher (MPH)?

Morpher (MPH) is an ERC20 token operating on Ethereum's blockchain, facilitating trading on the Morpher platform. MPH serves as both the currency for trades and the settlement currency, enabling the Morpher Protocol's functionalities.

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FAQ

Who are the founders of Morpher (MPH)?

Martin Fröhler, a mathematician with extensive experience in quantitative finance, leads Morpher as CEO. He co-developed the Morpher Protocol and oversees the company's operations, compliance, and smart contract development.

How many Morpher (MPH) are there?

The supply of MPH tokens fluctuates based on the collective trading success or failure of Morpher users. Additionally, tokens are burned through bid/ask spreads, and new tokens are minted for operator rewards. Economic equilibrium determines the token's fair price.

What are the potential use cases for Morpher (MPH)?

Morpher introduces an innovative approach to trading by replacing intermediaries with a blockchain protocol. Users stake MPH tokens on market price movements, with rewards or losses distributed proportionally. It offers feeless, 24/7 trading with infinite liquidity and supports shorting on various markets.

What is the history of Morpher (MPH)?

Morpher emerged as a platform aiming to disrupt traditional trading by leveraging blockchain technology. Martin Fröhler's expertise in quantitative finance led to the development of the Morpher Protocol, enabling users to trade virtually without intermediaries. MPH tokens facilitate trading and settlement on the platform, with its supply dynamically adjusted based on market activity.