Rank #1539
$ 0.74339000 -1.54%
Metronome Price (MET)Metronome to USD Price Chart
Metronome Statistics
| Market Rank | #1539 |
|---|---|
| Market Cap | $ 6.5M |
| Volume 24h | $ 969.1 |
| Circ. Supply Amount of supply openly circulating and available to trade. | 8.8M |
| Total Supply Maximum supply minus burned supply removed from circulation. | 14.4M |
| Max Supply Maximum lifetime supply set by the asset protocol. | 14.4M |
What is the current price of Metronome (MET)?
The current price of Metronome (MET) is $ 0.74339000, and it has decreased by -1.54% in the past 24 hours. You can check the current price and the latest changes on our cryptocurrency tracking website.
What exactly is Metronome (MET)?
Metronome, recognized by the symbol MET, is a unique cryptocurrency designed to provide "institutional-class endurance". It stands out from other cryptocurrencies due to its cross-blockchain compatibility feature. MET was developed by Bloq and was first announced in October 2017 before its eventual release in December 2017.
The defining aspect of Metronome is its focus on enduring value and longevity. It's designed to keep ticking along, regardless of what's happening in the wider cryptocurrency market. It accomplishes this through a unique cross-block system that allows it to switch between different blockchains, ensuring its survival even if one blockchain fails.
Who developed Metronome?
Metronome is developed by Bloq, a blockchain technology company. It's important to note that MET's vision of cross-blockchain compatibility and sustained value sets it apart from many existing cryptocurrencies. Bloq first announced Metronome's development in October 2017, which culminated in its release in early December that year.
How does Metronome work?
Metronome works on the premise of cross-chain compatibility. This implies that MET tokens can operate across different blockchains, thereby increasing potential sustainability and longevity. Initially, Metronome was built on the Ethereum blockchain. Still, it swiftly expanded apparent compatibility to include the Ethereum Classic blockchain by Q1 2018.
The process of achieving this cross-chain compatibility involves the creation of 'exit receipts' when leaving one chain and entering a new one. This ensures seamless transition between blockchains, a feature that boosts the resilience and adaptability of Metronome.
How is Metronome's cross-chain compatibility unique?
The cross-chain compatibility of Metronome is an innovative feature that distinguishes it from other digital currencies. Most cryptocurrencies are built on a specific blockchain and continue to exist there. Metronome, on the other hand, is different.
In order to maintain its value and sustainability, even in the face of adverse situations pertaining to a particular blockchain, Metronome can switch between chains. Suffice to say that even if one blockchain Metronome is currently on fails or encounters issues, MET can transfer its operations to another blockchain.
How much Metronome (MET) is currently in circulation?
Currently, there are 8.8M MET tokens are in circulation.
What is the market cap rank of Metronome (MET)?
As of the latest data, Metronome (MET) stands at the #1540 position in terms of market capitalization.
Where can you buy Metronome (MET)?
You can buy Metronome (MET) on any of the following exchanges: Gate.io, YoBit. Always remember to conduct due diligence before choosing a platform for transaction.
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