Magpie Price (MGP)
Magpie Price (MGP)
1 MGP to USD Live Price:
Magpie Price Today
The live Magpie (MGP) price today is $ 0.01745046, with a 3.63% change over the past 24 hours. The current MGP to USD conversion rate is $ 0.01745046 per MGP.
Magpie currently ranks #- by market capitalization at $ 8,740,832, with a circulating supply of 500.63M MGP. During the last 24 hours, MGP traded between $ 0.01719223 (low) and $ 0.01814888 (high), reflecting market activity. Its all-time high stands at $ 0.21073, while the all-time low was $ 0.00789301.
In short-term performance, MGP moved -1.23% in the last hour and -7.98% over the past 7 days. Over the past day, total trading volume reached --.
Magpie (MGP) Market Information
The current Market Cap of Magpie is $ 8.74M, with a 24-hour trading volume of --. The circulating supply of MGP is 500.63M, with a total supply of 1000000000.0. Its Fully Diluted Valuation (FDV) is $ 17.46M.
Magpie Price History USD
-1.23%
-3.63%
-7.98%
-7.98%
Magpie (MGP) Price History USD
During today, the price change of Magpie to USD was $ -0.00065761126651615.
In the past 30 days, the price change of Magpie to USD was $ -0.0054159212.
In the past 60 days, the price change of Magpie to USD was $ -0.0061899940.
In the past 90 days, the price change of Magpie to USD was $ -0.018181525313432.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.00065761126651615 | -3.63% |
| 30 Days | $ -0.0054159212 | -31.03% |
| 60 Days | $ -0.0061899940 | -35.47% |
| 90 Days | $ -0.018181525313432 | -51.02% |
Price Prediction for Magpie
In 2040, the price of Magpie could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Magpie will reach in 2025–2026? Visit our Price Prediction page for MGP price predictions for the years 2025–2026 by clicking Magpie Price Prediction.
What is Magpie (MGP)
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues:
- Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate.
- Limited income for veToken holders - veToken holders can earn zero or limited passive income.
- Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights.
Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to:
- Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken.
- Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue.
- Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.
Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. In the long term,
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Magpie (MGP) Resource
People Also Ask: Other Questions About Magpie
Magpie (MGP) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 11-13 22:54:05 | Industry Updates | Bitcoin withdrawals continue, with a net outflow of 463.27 BTC from CEX over the past 24 hours |
| 11-13 21:54:24 | Industry Updates | Altcoin ETF Candidates See Surge in 24h Trading Volume, XRP Volume Up Over 60% |
| 11-13 16:51:43 | Industry Updates | Crypto Fear Index Plunges to 15, Market in "Extreme Fear" State |
| 11-12 23:21:00 | Industry Updates | Trading volume of meme coins on SOL and BSC chains declined today, with most maintaining narrow fluctuations within 6% |
| 11-12 15:27:00 | Industry Updates | Altcoins Fall Across the Board, KDA Drops Over 59% in 24h |
| 11-12 07:19:00 | Industry Updates | $411 million liquidated across the market in the past 24 hours, mainly long positions |
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