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Merit Circle MC

Merit Circle Price (MC)
$1.66
4.18% Buy MC Now

0.0005 ETH

0.0000268 BTC

Buy MC Now
Low: $1.59
High: $1.68
24h
Market Cap
$110,276,491
4.18%
Fully Diluted Market Cap
$1,114,477,355
4.18%
Volume
24h
$519,013
768,988.03%
Volume / Market Cap
0.0047
Circulating Supply
322,101,826 MC
Max Supply
--
Total Supply
669,811,161

Merit Circle (MC) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.04%

Joined at Jul 07, 2021

Following

368

0.00%

Tweet count

8,379

1.15%

Merit Circle reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Merit Circle (MC) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Merit Circle telegram
Telegram Stats
Visit Telegram

Members

0.00%

Title

Merit Circle

Merit Circle traffic
Website Traffic
Visit Website

Website Rating (DR)

58 / 100

0.00%

Ahrefs Rank

353,012

4.42%

Organic Traffic (mo.)

0

Merit Circle github
GitHub Organization
Visit GitHub

Public repos

Created at Sep 05, 2021

Type

Organization

Merit Circle github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Merit Circle (MC) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 167,550

Members: 5,028


Live MC Price Analysis

The current real time Merit Circle price is $1.66, and its trading volume is $519,013 in the last 24 hours. MC price has grew by 4.18% in the last day, and decreased by 5.46% in the last 7 days. It’s important to note that current Merit Circle market capitalization is $110,276,491, Talking about circulating supply, MC has 0 coins. Currently, Merit Circle rank on the market is #293.

Merit Circle price today is 96.32% below all time high, and it is 2,145.15% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MC are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Merit Circle?

The Merit Circle token or MC is the driving force behind the entire Merit Circle project. The latter is a decentralized autonomous organization (DAO) centered around the GameFi space.

MC holders govern Merit Circle via the Merit Circle DAO. Thus, MC mainly serves as a governance token. Holders of the MC token can vote on proposals that can change the course of the Merit Circle project.

In addition to receiving governance rights, users can stake their MC tokens to earn crypto rewards.

Moreover, MC token holders receive exclusive access to blockchain gaming experiences and NFT drops.

Anyone can acquire Merit Circle tokens via major supported exchanges. You can find our list of recommended exchanges in the section above.

There is a max cap of 1,000,000,000 MC tokens which makes Merit Circle a deflationary cryptocurrency. As such, it can be expected that as the MC tokens become more scarce, the Merit Circle price will increase.

MC tokens have been distributed as follows:

  • 29.4% - Rewards;
  • 20% - Core Team & Advisors;
  • 15% - DAO Treasury;
  • 14.1% - Early Investors;
  • 10% - LP Rewards;
  • 7.5% - Public Distribution;
  • 4% - Early Supporter Rewards.

Since MC is a cryptocurrency, it tends to fluctuate in price. In order to make an informed purchase decision, have a look at the MC price history and its trends on the graph above.

What are the Main Features of Merit Circle?

Merit Circle is a blockchain gaming DAO whose sole focus is to maximize the returns from Play-2-Earn (P2E) games.

One of the primary goals of the project is to create a blockchain gaming platform where players can turn their hobby into a source of income.

The Merit Circle project is divided into 4 mini projects:

  • Investments (Merit Circle Investments) - a project whose main focus is investing in GameFi projects. In the words of Merit Circle itself, the goal of the investment verticle is to “maximize treasury value”;
  • Gaming (Merit Circle Gaming) - P2E gaming project support;
  • Development & Incubation (Merit Circle Studios) - a blockchain-based game development studio;
  • Trading (Merit Circle Marketplace) - an NFT marketplace where users can buy, sell, and trade non-fungible tokens (NFTs).

Furthermore, Merit Circle offers an Axie Infitiy scholarship. At the time of writing, there are more than 500 players taking advantage of this scholarship.

Merit Circle also announced a bug bounty program. Anyone who reports vulnerabilities related to on-chain smart contracts will be rewarded based on the likelihood, severity, and impact of the issue. The maximum reward is fixed at 250,000 US Dollars.

As discussed in the What is Merit Circle section, 7.5% of the total supply was distributed via a public sale. It was called the Balancer Liquidity Bootstrapping Pool or BLBP where participants could exchange their ERC-20 tokens for MC. 

One of the main advantages of this type of public sale is that it allowed the participants to determine the Merit Circle price.

The public sale resulted in over 100,000,000 US Dollars raised for the Merit Circle project.

Moreover, Merit Circle held a Seed Round during which it managed to raise 4,500,000 US Dollars for further development of the project.

Who Developed Merit Circle?

The Merit Circle crypto project was launched in 2021 under the name Axie 420 which was a scholarship project for Axie Infinity. It was later rebranded into Merit Circle. The main reason for this was to distinguish itself from Axie Infinity which was not the sole focus of the project anymore.

The majority of the founding team has remained anonymous except for Marco Van Den Heuvel who is currently taking up the CEO position at Merit Circle. He holds a bachelor’s degree in International Business & Languages from Arnhem Business School.

Some of its core partners and supporters are blockchain-based games Axie Infinity, CyBall, Hash Rush, Illuvium, Yield Guild, and Sipher, as well as crypto VCs Bitscale Capital, Dialectic, Mechanism Capital, and Digital Currency Group, among many others.

Furthermore, Merit Circle caught the eye of angel investors from major players in the crypto industry including Jihoz from Axie Infinity, Bobby from Coingecko, Danny, Gmoney, and Kieran from Illuvium, among many more.

If you're interested in this project, don't forget to have a look at the MC price on the graph above.

What's Merit Circle trading volume in the last 24 hours?

MC has a trading volume of $519,013 in the last 24 hours.

What's Merit Circle highest price ever?

MC has a highest price of $45.24, which was reached on Nov 16, 2021 (2 years 7 months ago).

What's Merit Circle lowest price ever?

MC has a lowest price of $0.0741, which was reached on Dec 11, 2022 (1 year 6 months ago).

What are the best exchanges for buying and selling MC?

Currently, the most active and dominating exchanges for buying and selling Merit Circle are Binance, Kraken & Kucoin. The most popular Merit Circle trading pairs are MC/USD (on Kraken ), MC/WETH (on Uniswap (V2) ), MC/EUR (on Kraken ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping MC?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Merit Circle. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Merit Circle project's Circulating Supply has been verified and is equal to:

Circulating Supply

0 MC

Unverified Data

Merit Circle project's Market Cap has not been verified. However, according to the Merit Circle self-reported data Market Cap is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Market Cap has not been verified. However, according to the Merit Circle self-reported data Market Cap is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Circulating Supply has not been verified. However, according to the Merit Circle self-reported data Circulating Supply is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Circulating Supply has not been verified. However, according to the Merit Circle self-reported data Circulating Supply is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Circulating Supply has not been verified. However, according to the Merit Circle self-reported data Circulating Supply is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Circulating Supply has not been verified. However, according to the Merit Circle self-reported data Circulating Supply is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

Unverified Data

Merit Circle project's Circulating Supply has not been verified. However, according to the Merit Circle self-reported data Circulating Supply is equal to:

Circulating Supply

322,101,826 MC

Market Cap

$545,210,800

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric

The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
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