MAP Protocol Reaches Self Reported Market Capitalization of $64.71 Million (MAP)

MAP Protocol (MAP) traded down 14.5% against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on December 20th. MAP Protocol has a total market cap of $64.71 million and approximately $1.57 million worth of MAP Protocol was traded on exchanges in the last 24 hours. One MAP Protocol coin can currently be bought for $0.0085 or 0.00000009 BTC on popular exchanges. During the last week, MAP Protocol has traded 21.3% lower against the U.S. dollar.

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

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.BBN (SOLVBTC.BB) traded down 6.8% against the dollar and now trades at $94,906.89 or 1.01133160 BTC.
• SolvBTC (SOLVBTC) traded down 7.9% against the dollar and now trades at $93,630.92 or 0.99773481 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

MAP Protocol Coin Profile

MAP Protocol’s launch 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 Reddit community for MAP Protocol is https://reddit.com/r/MarcoPoloProtocol and the currency’s Github account can be viewed here. The official message board for MAP Protocol is medium.com/@mapprotocolofficial. MAP Protocol’s official Twitter account is @mapprotocol and its Facebook page is accessible here. MAP Protocol’s official website 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 possible to buy alternative cryptocurrencies such as MAP Protocol directly using U.S. dollars. Investors seeking to acquire MAP Protocol should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy MAP Protocol using one of the aforementioned exchanges.

MAP/USD price chart by TradingView