Market Rank | #4715 |
---|---|
Market Cap | $ 0.1M |
Volume 24h | $ 0.1M |
Circ. Supply | 70.8M |
Total Supply | ∞ |
Max Supply | ? |
Genesis Date | 18/3/2018 |
The current price of MotaCoin (MOTA) fluctuates as market conditions change. As of the last update, MotaCoin $ 0.00183844 per unit. In the past 24 hours, the price has increased by +6.47%. It's important to keep an eye on live data to stay informed about MotaCoin's current price movements.
MotaCoin is a digital currency tailored for the marijuana industry, providing a decentralized and trustless ecosystem. It's designed to be highly adoptable with features that ensure speedy transactions, aiming to resolve industry-specific challenges such as banking restrictions and high fees.
The creation of MotaCoin is not attributed to a publicly known individual or team. It was developed by enthusiasts with the goal of offering a cryptographic solution to streamline transactions within the legal marijuana sector. The creators' identities often remain anonymous in the cryptocurrency world, focusing on the technology rather than personal recognition.
MotaCoin functions on a decentralized network that operates on blockchain technology, similar to many other cryptocurrencies. Users can send and receive MOTA tokens securely and anonymously, without the need for a central authority. It relies on a network of users to validate and record transactions on a public ledger.
Its unique aspect comes from its dedication to serving the marijuana industry, addressing common financial hurdles faced by businesses and consumers in the sector. MotaCoin aims to offer faster transactions with lower fees compared to traditional banking methods, which can be particularly burdensome for marijuana-related businesses.
Although specific details about MotaCoin's security measures are not provided here, it can be assumed that, like many cryptocurrencies, MotaCoin likely utilizes a consensus mechanism such as Proof of Work (PoW) or Proof of Stake (PoS) to secure its network and validate transactions. This ensures the integrity and trustworthiness of the transaction record.
The circulating supply of MotaCoin is 70.8M, while the total supply signifies the maximum number of coins that will ever exist for MOTA, which is .
MotaCoin is designed for high adoption within the marijuana industry by offering a solution to common financial obstacles. Its ecosystem caters to specific needs like transaction privacy and efficiency which are significant for businesses and clientele in this sector.
MotaCoin (MOTA) can be purchased on several cryptocurrency exchanges. To find out the current exchanges where MOTA is listed, please refer to the official MotaCoin website or search for live data on crypto tracking platforms. The available exchanges include .
MotaCoin offers several advantages for the marijuana industry, including increased privacy, lower transaction fees, and faster payment processing. This can be particularly appealing in an industry that faces legal and fiscal challenges in many regions of the world.
Investing in cryptocurrencies like MotaCoin comes with inherent risks. These include volatility in price, regulatory changes in the marijuana industry, and adoption rates, among others. It's important for users and investors to conduct their own research and consider these risks.
To keep your MotaCoin safe, use reputable digital wallets that provide robust security features. Practice safe storage methods, such as using hardware wallets for long-term holding and ensuring that you keep your private keys secure and private. Always be cautious of phishing scams and only use trusted sources when dealing with your MOTA tokens.
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