MAP Protocol Trading 11.4% Lower This Week (MAP)

MAP Protocol (MAP) traded 2.2% higher against the US dollar during the 1-day 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 popular cryptocurrency exchanges. In the last week, MAP Protocol has traded 11.4% lower against the US dollar. MAP Protocol has a total market cap of $49.55 million and approximately $1.39 million worth of MAP Protocol was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded down 2% against the dollar and now trades at $0.95 or 0.00001109 BTC.
• 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 down 2.2% 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 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.
• 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 1.5% higher against the dollar and now trades at $85,472.63 or 0.99620840 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 US dollars. Investors seeking to acquire MAP Protocol should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy MAP Protocol using one of the exchanges listed above.

MAP/USD price chart by TradingView