MAP Protocol Trading 11.4% Lower This Week (MAP)

MAP Protocol (MAP) traded 2.2% higher against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on March 2nd. One MAP Protocol coin can now be bought for $0.0065 or 0.00000008 BTC on major exchanges. MAP Protocol has a market cap of $49.55 million and $1.39 million worth of MAP Protocol was traded on exchanges in the last 24 hours. During the last seven days, MAP Protocol has traded down 11.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded 2% lower against the dollar and now trades at $0.95 or 0.00001109 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.4% higher against the dollar and now trades at $85,651.30 or 0.99829083 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.5% against the dollar and now trades at $85,472.63 or 0.99620840 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

MAP Protocol Profile

MAP Protocol’s genesis date was 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 official website for MAP Protocol is www.mapprotocol.io. MAP Protocol’s official Twitter account is @mapprotocol and its Facebook page is accessible here. MAP Protocol’s official message board is medium.com/@mapprotocolofficial. The Reddit community for MAP Protocol is https://reddit.com/r/MarcoPoloProtocol and the currency’s Github account can be viewed here.

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 possible to purchase alternative cryptocurrencies such as MAP Protocol directly using US dollars. Investors seeking to trade MAP Protocol should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase MAP Protocol using one of the exchanges listed above.

MAP/USD price chart by TradingView