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Mirror Protocol MIR

Mirror Protocol Price (MIR)
$0.0547
14.55% Buy MIR Now

0.0000180 ETH

0.000000857 BTC

Buy MIR Now
Low: $0.0454
High: $0.0724
24h
Market Cap
$4,252,272
14.55%
Fully Diluted Market Cap
$20,269,250
14.55%
Volume
24h
$293,815
16.78%
Volume / Market Cap
0.0691
Circulating Supply
77,742,680 MIR
Max Supply
--
Total Supply
370,575,000

Mirror Protocol (MIR) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.21%

Joined at Dec 03, 2020

Following

10

0.00%

Tweet count

843

0.00%

Mirror Protocol reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Mirror Protocol (MIR) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Mirror Protocol telegram
Telegram Stats
Visit Telegram

Members

0.43%

Title

Mirror Protocol

Mirror Protocol traffic
Website Traffic
Visit Website

Website Rating (DR)

62 / 100

0.00%

Ahrefs Rank

250,748

0.73%

Organic Traffic (mo.)

0

Mirror Protocol github
GitHub Organization
Visit GitHub

Public repos

Created at Aug 31, 2020

Type

Organization

Mirror Protocol github
GitHub Public Repository
Visit GitHub

Stars

0.00%

Watchers

7

0.00%

Forks

13

0.00%

Language

SCSS

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: 111,431

Members: 7,658


Live MIR Price Analysis

The current real time Mirror Protocol price is $0.0547, and its trading volume is $293,815 in the last 24 hours. MIR price has plummeted by 14.55% in the last day, and decreased by 31.22% in the last 7 days. It’s important to note that current Mirror Protocol market capitalization is $4,252,272, Talking about circulating supply, MIR has 77,742,680 coins. Currently, Mirror Protocol rank on the market is #1112.

Mirror Protocol price today is 99.57% below all time high, and it is 0.00% below all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MIR 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 Mirror Protocol (MIR)?

MIR is the native token of the Mirror Protocol, which is a Terra-based derivative protocol that allows users to create synthetic assets. Even though the Mirror Protocol is built on the Terra blockchain, by using Terra Shuttle, it can be integrated into Binance Smart Chain and Ethereum.

Take a look at the Mirror Protocol price chart above if you want to see the current MIR price.

The synthetic assets created on the Mirror Protocol are known as Mirrored Assets or mAssets. They maintain the core values of cryptocurrencies while reflecting on-chain exchange prices of real-world assets, giving traders price exposure to these assets. Real-world assets mirrored by mAssets include stocks, commodities, derivatives, and indices.

Just keep in mind that mAssets are entirely synthetic since they merely track the price movements of related assets, as opposed to standard tokens, which act as representations of underlying assets.

Some of the primary benefits of mAssets include global access to the FX and stock markets, hassle-free fractional orders, and almost instant order finality.

How Do mAssets Work?

In order to mint mAssets, users have to create collateralized debt positions (CDP), which are short positions opened against the reflected asset's price changes. CDP can be opened using other Mirrored Assets or UST stablecoins as collateral. The Mirror Protocol charges a 1.5% CDP fee for opening new positions, as well as withdrawing collateral from these positions.

Since mAssets reflect the prices of real-world assets, it’s important to constantly follow their prices. In order to do that, the Mirror Protocol utilizes a price oracle, which monitors the prices of real-world assets and reports them every 30 seconds. Whenever the price of a certain real-world asset increases, mAsset minters have to deposit more collateral. If it’s the opposite situation, they have to withdraw a portion of their collateral.

Note that the collateral can be withdrawn at any time. It can either be fully withdrawn by burning mAssets, or it can be withdrawn in certain portions to stabilize mAsset prices, as it was just mentioned.

The Purpose of MIR Tokens

MIR is the governance token of the Mirror Protocol. It allows users to vote on various decisions that determine the future development of the Mirror Protocol crypto project. In order to earn governance rights, Mirror Protocol token holders have to stake their assets. They are rewarded with a portion of the CDP withdrawal fees for doing that.

Interested in purchasing Mirror Protocol coins? Before doing that, check out the live MIR price featured on the aforementioned Mirror Protocol price chart.

What's Mirror Protocol trading volume in the last 24 hours?

MIR has a trading volume of $293,815 in the last 24 hours.

What's Mirror Protocol highest price ever?

MIR has a highest price of $12.86, which was reached on Apr 10, 2021 (3 years 4 days ago).

What's Mirror Protocol lowest price ever?

MIR has a lowest price of $0.00, which was reached on Dec 04, 2020 (3 years 4 months ago).

What are the best exchanges for buying and selling MIR?

Currently, the most active and dominating exchanges for buying and selling Mirror Protocol are Binance, Kraken & Kucoin. The most popular Mirror Protocol trading pairs are MIR/USDT (on MEXC ), MIR/USDT (on BingX ), MIR/USDT (on XT.COM ). 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 MIR?

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 Mirror Protocol. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Mirror Protocol

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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.

Learn this metric

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.

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.

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

Mirror Protocol project's Circulating Supply has been verified and is equal to:

Circulating Supply

77,742,680 MIR

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.

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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.

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Current price of Mirror Protocol is $0.0547

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