MC

Merit CircleMC

Rank #463
Token
On 40,427 watchlists

Merit Circle Price (MC)

$0.9143
1.55%

0.0000391 BTC1.30%

0.0005317 ETH1.36%

Low:$0.9107
High:$1.11
24h
MC  Merit Circle MC
Price:
$0.9143
 1.55%
Market Cap
$38,939,929
1.55%
Fully Diluted Market Cap
$914,254,523
1.55%
Volume
24h
$21,177,015
1064.39%
Volume / Market Cap
0.5438
Circulating Supply
42,592,000.00 MC
4%
Max Supply
1,000,000,000
Total Supply
1,000,000,000
Sponsored

Merit Circle to USD Chart

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MC to USD Converter

MC

Merit Circle

USD

United States Dollar

MC Price Statistics

Merit Circle Price Today
Merit Circle Price$0.9143
Price Change24h-$0.01436
1.55%
24h Low / 24h High
$0.9107 /
$1.11
Trading Volume24h$21,177,015.18
1064.39%
Volume / Market Cap0.5438
Market DominanceNo Data
Market Rank#463
Merit Circle Market Cap
Market Cap$38,939,928.65
1.55%
Fully Diluted Market Cap$914,254,523.17
1.55%
Merit Circle Price Yesterday
Yesterday's Low / High
$0.8983 /
$1.11
Yesterday's Open / Close
$0.8984 /
$0.9549
Yesterday's Change

6.29%

Yesterday's Volume$19,727,974.17
Merit Circle Price History
7d Low / 7d High
$0.8659 /
$1.11
30d Low / 30d High
$0.6679 /
$1.27
90d Low / 90d High
$0.6052 /
$1.45
52 Week Low / 52 Week High
$0.6052 /
$45.24
All Time High
Nov 16, 2021 (9 months ago)
$45.24
97.98%
All Time Low
Jun 18, 2022 (2 months ago)
$0.6052
51.07%
Merit Circle ROI
No Data
Merit Circle Supply
Circulating Supply42,592,000 MC
Total Supply1,000,000,000 MC
Max Supply1,000,000,000 MC

MC to USD Converter

MC

Merit Circle

USD

United States Dollar

MC Price Live Data

The live Merit Circle price today is $0.914255 USD with a 24-hour trading volume of $21,177,015 USD. We update our MC to USD price in real-time. Merit Circle is down 1.55% in the last 24 hours. The current CoinMarketCap ranking is #463, with a live market cap of $38,939,929 USD. It has a circulating supply of 42,592,000 MC coins and a max. supply of 1,000,000,000 MC coins.

If you would like to know where to buy Merit Circle at the current rate, the top cryptocurrency exchanges for trading in Merit Circle stock are currently Binance, BingX, BitMart, Bitrue, and Huobi Global. You can find others listed on our crypto exchanges page.

To find out even more about this project, check out our deep dive of Merit Circle.

What Is Merit Circle (MC)

Merit Circle is a decentralized autonomous organization (DAO) that focuses on developing the play-to-earn (P2E) economy. The project wishes to create a new era of gameplay where users would be able to earn money by playing games that they love, instead of treating them as a simple hobby. The project launched on 4th of November, 2021, but it has been in development since July 2021. Despite its young age, it already has a massive community, with over 64,800 followers on Twitter.

Merit Circle currently supports Axie Infinity — the most popular monster-battling play-to-earn game with the highest volume traded. Meanwhile, by playing-to-earn, its scholars are gaining new skills that will soon be in huge demand as employers are slowly but surely expanding into the crypto metaverse.

In the pipeline, the DAO plans to support Star Atlas, Illuvium, and Hash Rush. Star Atlas, for example, was described as the most ambitious blockchain game. Illuvium appears to be a type of an upcoming survival game that takes place on an alien world, while Hash Rush is an online sci-fi/fantasy RTS set in the fictional Hermeian galaxy, where once again, players have to build, fight, and trade their way to survival and victory.

What Makes Merit Circle Unique?

While the concept behind Merit Circle is not entirely new, the project itself is a leading DAO with the goal to maximize value accrual across different games in the metaverse. Its platform is at the intersection of capital, expertise and players — representing investors, platform and managers — and of course, gamers.

The returns that the project has the potential to make will be able to translate into potentially life-changing income for some of the gamers engaging with it. The players have recognized the value of the project and the scholarship program that was created for them, and there are already over 500 scholars currently playing Axie Infinity.

There are already significant revenues that are flowing into the Circle of Merit, which benefits the DAO itself, as well as players and liquidity providers. More are expected to come, especially since Merit Circle DAO will now start focusing on other opportunities in the metaverse through new games.

Furthermore, Merit Circle boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games and more. These and others are all industry-leading names, who have praised Merit Circle for building a scalable operational process that can effectively grow, onboard, and sustain new members. In fact, DeFiance Capital’s Arthur said that DeFiance believes that “Merit Circle will be among the top guilds that will be kingmakers in this land.”

All of the partners, plus a number of angel investors, supported the company during its seed round, helping it raise $4.5 million

Want to invest in Axie Infinity (AXS) itself? You can find it here.

Be sure to check out Ethereum (ETH) — the blockchain that hosts the Axie Infinity game.

Also keep an eye on Small Love Potion (SLP), whose token is needed to breed Axies.

Keep track of the progress of MC on the page of top DAO tokens by market capitalization.

How Many Merit Circle (MC) Coins Are There in Circulation?

Merit Circle (MC) has a total supply of 1,000,000,000 MC. The information on how many of its tokens will be released in circulation is not yet available. It is known that 20% of the total supply will be allocated to the team members and advisors; 29.4% will be used for community incentives; 14.1% will be allocated to early investors; 7.5% will be up for public distribution; while the DAO Treasury will keep 15%. The remaining 14% will be used as rewards, for liquidity rewards (10%) and Retroactive rewards (4%).

How is the Merit Circle Network Secured?

According to Merit Circle’s Medium post, the project was audited by Quantstamp — one of the leading security assessment firms in the industry. Quantstamp analyzed and evaluated all aspects of the project, originally finding a total of 12 issues. The problems were resolved immediately, after which the code was analyzed by several individual senior developers. In addition, the project has held a bug bounty, allowing the community to comb through its code and check for additional problems that may have slipped through the standard checks.

When Will Merit Circle Trading Begin?

Merit Circle is available for trading, with the earliest trading data suggesting that the coin trading started on Nov. 4, 2021, and the first volume data came in around Nov. 5, 2021.

Can MC Hit $10?

Merit Circle (MC) launched with the price of $2.8, and while it did briefly go below this price on November 5th (dropping to $2.7024), it quickly recovered and hit an ATH at $9.55 on November 6th, before correcting slightly yet again. Now, the biggest question in the community is whether it can return to its ATH and breach it, and whether this would also allow it to hit $10? The project’s biggest recent developments include the introduction of staking which was announced on November 7th, as well as voting on ecosystem-related decisions.

Where Can You Buy Merit Circle (MC)?

Merit Circle is available on Uniswap (V2), Uniswap (V3), 0x Protocol, Hoo, and DODO. If you wish to learn more about how you can purchase cryptocurrencies, you can read more on CoinMarketCap’s educational portal — Alexandria — and start trading alongside other crypto community members on CoinMarketCap.

MC to USD Converter

MC

Merit Circle

USD

United States Dollar

MC Price Statistics

Merit Circle Price Today
Merit Circle Price$0.9143
Price Change24h-$0.01436
1.55%
24h Low / 24h High
$0.9107 /
$1.11
Trading Volume24h$21,177,015.18
1064.39%
Volume / Market Cap0.5438
Market DominanceNo Data
Market Rank#463
Merit Circle Market Cap
Market Cap$38,939,928.65
1.55%
Fully Diluted Market Cap$914,254,523.17
1.55%
Merit Circle Price Yesterday
Yesterday's Low / High
$0.8983 /
$1.11
Yesterday's Open / Close
$0.8984 /
$0.9549
Yesterday's Change

6.29%

Yesterday's Volume$19,727,974.17
Merit Circle Price History
7d Low / 7d High
$0.8659 /
$1.11
30d Low / 30d High
$0.6679 /
$1.27
90d Low / 90d High
$0.6052 /
$1.45
52 Week Low / 52 Week High
$0.6052 /
$45.24
All Time High
Nov 16, 2021 (9 months ago)
$45.24
97.98%
All Time Low
Jun 18, 2022 (2 months ago)
$0.6052
51.07%
Merit Circle ROI
No Data
Merit Circle Supply
Circulating Supply42,592,000 MC
Total Supply1,000,000,000 MC
Max Supply1,000,000,000 MC