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What is Metal DAO (MTL)?

Metal DAO basic info

Name:Metal DAO
Ticker:
Introduction:

What is Metal DAO (MTL)?

Metal Pay is an innovative blockchain-based platform developed by Metallicus, Inc. that leverages a unique Proof-of-Processed-Payments (PoPP) mechanism to recognize users and compensate them for converting fiat currencies to cryptocurrencies. The main goal of Metal Pay is to facilitate the widespread adoption of digital currencies by acting as a gateway to the world of cryptocurrencies. The Metal ($MTL) token powers Metal Pay, and its current price can be easily tracked on Bitget. Metal Pay utilizes PoPP consensus system to verify users' identity and reward them with tokens whenever they use the wallet to transfer, pay, or send money, as well as when they convert fiat to cryptocurrency. Unlike other blockchain systems, Metal Pay does not charge any fees and prioritizes rewarding users with a certain amount of MTL, which is intended to encourage more people to adopt Metal Pay wallets by providing incentives.

What is Metal Used For?

MTL Token is a digital currency that fuels the Metal system. The platform rewards users with MTL for every dollar spent when they complete transactions or send money through the PoPP mechanism. The current price of Metal is available on Bitget and is updated in real-time.

Who is the Founder of Metal?

Metal was established by Marshall Hayner, who was previously the CMO of Block.io, a software development company that created APIs for various currencies. Marshall is a graduate of Northeastern University and founded Metal in 2015.

What makes Metal DAO (MTL) Unique?

Metal is a payment platform that uses blockchain technology. One of its unique features is that it rewards users with cryptocurrency for spending fiat money. The platform is designed to be user-friendly and easy to use, similar to other popular payment apps like Venmo, Square, or PayPal. Additionally, Metal crypto price can be tracked within the app.

Metal DAO offers users complete control over their funds and financial decisions, with a unique governance structure that allows token holders to participate in decision-making processes. The platform promotes community and decentralization, giving users a voice in future developments and upgrades. Metal DAO also has a rewards system that incentivizes active participation, with users earning cryptocurrency rewards for completing certain tasks. Security and privacy are paramount, and Metal DAO implements advanced cryptographic techniques to ensure the safety of transactions and user data. Privacy is also emphasized, with users having control over their personal information, creating a secure environment for financial activities.

Conclusion

To sum up, Metal DAO is a digital currency that incorporates the DAO concept, enabling individuals to transact directly with each other, govern the community, and receive rewards. Its emphasis on safeguarding personal information and maintaining privacy further contributes to its attractiveness for those seeking a trustworthy and decentralized financial system.

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Current price:
All-time high:$14.82
All-time low:$0.1159

MTL supply and tokenomics

Circulating supply:78,588,900 MTL
Total supply:78,588,897 MTL
Max supply:0 MTL
Market cap:$94.79M
Fully diluted market cap:$94.79M
Tokenomics:

Uniqueness

Metal is a blockchain-based system utilizing Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency. It is a system similar to bitcoin but with a user-friendly interface and front-end that is similar to Venmo, Square, or PayPal.

Token utility

Metal can act as a bridge to bitcoin or any cryptocurrency available. Many small businesses across the world prefer to only accept cash. However, in an increasingly cashless society, refusing to accept digital and card payments can be problematic. Put simply, Metal believes cash-only businesses can benefit by adopting cryptocurrency as a new form of cash, as cryptocurrencies possess many of the same properties, particularly around privacy, censorship resistance, and fungibility. In order to bring digital payments into a world that utilizes blockchain-based technology over some traditional banking rails, Metal expects to save consumers 4-5% on all purchases.

Links

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What is the development prospect and future value of MTL?

The market value of MTL currently stands at $94.79M, and its market ranking is #484. The value of MTL is not widely recognized by the market. When the bull market comes, the market value of MTL may have great growth potential.

As a new type of currency with innovative technology and unique use cases, MTL has broad market potential and significant room for development. The distinctiveness and appeal of MTL may attract the interest of specific groups, thereby driving up its market value.

What will the price of MTL be in 2025?
Based on MTL's historical price performance prediction model, the price of MTL is projected to reach $1.37 in 2025.
What will the price of MTL be in 2030?
In 2030, the MTL price is expected to change by -8.00%. By the end of 2030, the MTL price is projected to reach $2.63, with a cumulative ROI of +135.35%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of MTL and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is MTL worth investing or holding? How to buy MTL from a crypto exchange?

If you want to buy MTL, the following information may be helpful for your investment decisions:
In the last 7 days, the price of MTL has fallen by -11.76%, leading to negative returns for most MTL investors. The market is currently pessimistic about the price trend of MTL.
It is important to note that the current price of MTL has retreated by -91.86% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether MTL is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in MTL or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of MTL, if you want to buy or sell MTL, you can consider Bitget for your trading needs. The best place to buy MTL is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Metal DAO has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Metal DAO. Here's a step-by-step guide on how to buy Metal DAO on Bitget.

How to get Metal DAO through other methods?

Using cash to buy Metal DAO is not the only way to obtain Metal DAO. If you have the time to spare, you can get Metal DAO for free.
Learn how to earn Metal DAO for free through the Learn2Earn promotion.
Earn free Metal DAO by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Metal DAO airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Metal DAO through Bitget Convert, Bitget Swap, or spot trading.

What is Metal DAO used for and how to use Metal DAO?

The use case of Metal DAO may expand as the crypto market and the project itself develop. Currently, you can use MTL to achieve the following goals:
Arbitrage by trading MTL: Since MTL is a frequently traded cryptocurrency, the price of MTL is always fluctuating. Earn more MTL by buying low and selling high on the exchange. Bitget spot market provides a variety of MTL trading pairs to fully meet your needs.
Earn by staking MTL: You can also generate income through financial management methods such as staking MTL or lending MTL. Bitget Earn offers a variety of financial products designed to help you earn more income from your MTL.
Send or pay MTL: If you want to give MTL to your friends, a charity, or a fundraiser, or you want to pay someone with MTL, you can quickly and easily send MTL to the recipient through their payment address.
You can also go to the official website of the Metal DAO project to learn more about the use cases of MTL. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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MTL resources

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MTL price calculator

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MTL
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1 MTL = 1.21 USD
Last updated (UTC-0)
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