The current real-time price of MXTK is $2,760.22. In the past 24 hours, MXTK has traded between $2,759.92 and $2,760.78, showing strong market activity. The all-time high of MXTK is $28,815, and the all-time low is $1,549.33.
From a short-term perspective, the price change of MXTK over the past 1 hour is , over the past 24 hours is +0.01%, and over the past 7 days is -0.01%. These figures provide a quick overview of the latest price trends and market dynamics of MXTK on LBank.0.00%
The live price of MXTK today is $2,760.22, with a current market cap of $0. The 24-hour trading volume is 6K. The price of MXTK to USD is updated in real time.
Before deciding whether to buy or sell MXTK, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MXTK 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 MXTK.
How much will MXTK be worth tomorrow, next week, or next month in ? What about your MXTK assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MXTK Price Prediction
To learn more about MXTK, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
arbitrum-one | 0x49f3...f12081  | 1.865M | 15.35% |
arbitrum-one | 0x1fd9...f1bad7 | 1.509M | 12.42% |
arbitrum-one | 0x5d33...c15d9e | 1.395M | 11.48% |
arbitrum-one | 0xffe1...da57d2 | 974.643K | 8.02% |
arbitrum-one | 0x425c...3722a8 | 900.000K | 7.4% |
Other | 5.510M | 45.33% |
Mineral Token (MXTK) is an ERC-20 utility token utilizing blockchain to tokenize mineral assets. It aims to offer liquidity solutions for mineral asset owners and connect them with the growing global demand for minerals, especially those crucial for future electric technologies. This initiative bridges a significant gap in the traditional mineral trading sector.
The MXTK project tackles significant inefficiencies and a prevalent lack of trust within the traditional mineral trading industry. It provides a novel solution for mineral asset owners to achieve immediate liquidity without divesting their physical assets. By converting mineral wealth into 1:1 backed digital tokens, MXTK simplifies trading and enhances accessibility for asset holders.
The tokenization process begins with third-party experts appraising and validating mineral assets. Upon validation, these assets are converted into MXTK tokens, each 1:1 backed by its underlying mineral. Asset owners confirm ownership using industry-standard documentation, such as 43-101 or JORC reports, or Safe Keeping Receipts (SKR). Once tokenized, MXTK tokens can be seamlessly traded or sold on various global cryptocurrency exchanges.
MXTK tokens offer multiple practical utilities within their ecosystem. They serve as a medium for transactions and covering platform fees, grant access to decentralized applications (dApps), and allow holders to participate in staking to contribute to network security while potentially earning rewards. Furthermore, MXTK holders can engage in governance voting, actively shaping the project's future. Developers also find MXTK valuable for building and integrating dApps.
Mineral Token (MXTK) primarily operates as an ERC-20 utility token on the Ethereum blockchain, leveraging its robust proof-of-stake consensus mechanism. To enhance scalability and reduce transaction costs, MXTK is also accessible and available for use on the Arbitrum network, offering users more flexible transaction options.
The MXTK protocol employs sophisticated liquidity discount models to determine the value of tokenized mineral assets. Assets that are less readily liquid incur higher risks and costs, resulting in standardized discounts applied to their market value. These discounts are directly proportional to the asset's distance from immediate liquidity. The model categorizes assets into tiers, ensuring refined minerals receive minimal discounts, while unextracted minerals, which require more processing, have heavier discounts reflecting their current state.
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