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MBC (MicroBitcoin) rose 79.65% in the last 24 hours.
Gate News Bot news, July 22, according to CoinMarketCap data, as of the time of writing, MBC (MicroBitcoin) is currently priced at 0.00035884 USD, rising 79.65% in the last 24 hours, reaching a high of 0.00035894 USD and a low of 0.00012548 USD, with a 24-hour volume of 173,300 USD. The current market capitalization is approximately 19.8 million USD, an increase of 8.78 million USD compared to yesterday.
MicroBitcoin is a payment protocol built on blockchain technology, centered on open source, decentralization, and peer-to-peer. MBC is committed to becoming the most practical payment method, featuring a new block creation interval of 1 minute, low transaction fees, and fast confirmations. The project operates as an open-source community, where anyone can contribute. MBC uses the Power2b algorithm to enable CPU mining only, ensures secure hashing through Blake2b indexing, and has made adjustments for fair supply distribution.
Important news about MBC recently:
1️⃣ MBC price prediction draws attention
Market analysts have predicted the future price trend of MicroBitcoin, attracting widespread attention from investors. These predictions are based on the technical characteristics and market performance of MBC and may impact investor sentiment in the short term.
2️⃣ The demand for MBC to exchange with mainstream fiat currencies has increased.
Recently, the demand for exchanging MicroBitcoin with major fiat currencies such as the US dollar, Euro, and Canadian dollar has risen. This reflects that the usage and acceptance of MBC may be increasing globally, which helps to boost its liquidity and market capitalization.
3️⃣ MBC is active on multiple trading platforms.
MicroBitcoin is showing active trading activity on multiple cryptocurrency exchanges. This cross-platform liquidity increase may be one of the important factors driving the rise in MBC price.
From a technical perspective, MBC's price has broken through previous resistance levels and is showing strong upward momentum in the short term. However, considering the high volatility of the cryptocurrency market, investors still need to be cautious about the potential risk of a pullback.
This message is not intended as investment advice; investors should be aware of market volatility risks.