The current real-time price of MEMHASH is $0.0001. In the past 24 hours, MEMHASH has traded between $0.0001 and $0.0001, showing strong market activity. The all-time high of MEMHASH is $0.0057, and the all-time low is $0.0001.
From a short-term perspective, the price change of MEMHASH over the past 1 hour is , over the past 24 hours is +0.00%, and over the past 7 days is -0.53%. These figures provide a quick overview of the latest price trends and market dynamics of MEMHASH on LBank.-4.94%
The live price of MEMHASH today is $0.0001, with a current market cap of $0. The 24-hour trading volume is 60K. The price of MEMHASH to USD is updated in real time.
Before deciding whether to buy or sell MEMHASH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MEMHASH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MEMHASH.
How much will MEMHASH be worth tomorrow, next week, or next month in ? What about your MEMHASH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MEMHASH Price Prediction
To learn more about MEMHASH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
the-open-network | UQDJlZ...Dv1JNr  | 292.574M | 39.01% |
the-open-network | UQDYh9...d344Mm | 232.718M | 31.03% |
the-open-network | UQAodK...ZKigHp | 156.607M | 20.88% |
the-open-network | UQAAAA...AAAJKZ | 150.000M | 20% |
the-open-network | UQBiC1...Ljfg3K | 100.000M | 13.33% |
Other | -1,819,013 | -24.25% |
Memhash is an innovative Telegram-based project that integrates cryptocurrency mining with a gamified experience. It utilizes a gamified Proof-of-Work (PoW) model, allowing users to earn MEMHASH tokens by solving cryptographic puzzles directly within the Telegram app. The primary goal is to democratize crypto mining, making it accessible and engaging for a wider audience without requiring specialized hardware, leveraging the popular messaging platform as its interface.
Users mine MEMHASH tokens by solving cryptographic puzzles directly within the Telegram application. This process consumes "energy," which regenerates over time. Miners can boost their energy levels or mining efficiency through various methods, including completing specific tasks, referring new users to the platform, or purchasing additional energy and upgrades. This gamified approach allows for continuous engagement and progression in token acquisition.
Memhash tokens are slated for distribution as "jettons" on the TON Blockchain once a predetermined number of blocks have been mined, with an estimated completion target of December 2024. Following this distribution, the project anticipates that MEMHASH tokens will be listed on crypto exchanges, including LBank, around February 2025, making them available for public trading.
Memhash's legitimacy is a topic of discussion. While it offers pros like accessibility for beginners, innovative Telegram integration, and gamified mining with a low barrier to entry, it faces scrutiny. Cons include dependence on the Telegram ecosystem, potential for "pay-to-win" elements, lack of transparency regarding value retention, and reported absence of security audits or clear team information. Some view it as a potential financial bubble due to these concerns.
MEMHASH tokens serve several key use cases within the Memhash ecosystem. Primarily, they are earned through the gamified mining process as rewards. Beyond this, MEMHASH can be utilized for in-app purchases, such as acquiring additional mining energy, boosters, or other enhancements to improve the mining experience. Furthermore, MEMHASH is intended to play a role in community governance, allowing token holders to participate in decision-making processes and influence future updates and developments of the ecosystem.
While Memhash is marketed as "free" mining, users incur costs. To initiate mining, a fee must be paid using Telegram Stars. Additionally, users can purchase upgrades and energy boosts with Stars, introducing a "pay-to-win" dynamic. Regarding security, a significant concern is the reported lack of security audits from reputable, top-tier companies. This absence raises questions about potential smart contract vulnerabilities and the overall robustness of the platform's security measures.
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