What is MINTLAYER(ML)?

Basic information about ML

Coin name:

Mintlayer

Coin symbol:

Coin introduction:

What is Mintlayer (ML)? Mintlayer is a layer 2 solution that allows users to build a decentralized finance ecosystem rooted in the established network of the Bitcoin blockchain opening Bitcoin to DeFi, smart contracts, atomic swaps, NFTs, and dapps. Mintlayer is a protocol focused on developing a decentralized finance (DeFi) ecosystem that leverages the Bitcoin and Lightning Network. The company's vision is to develop a platform to deploy smart contracts on the BTC blockchain, which will eventually give rise to a decentralized exchange (DEX). Mintlayer is opening up new ways for the DeFi sector to integrate with Bitcoin to enable real-world financial use cases on the Bitcoin blockchain. Mintlayer USP - Atomic Swaps While other projects are trying to enable DeFi on Bitcoin, Mintlayer is the only protocol that enables direct 1:1 swap of Native Bitcoin for other tokenized assets Minted directly on Mintlayer. With these atomic swaps on Mintlayer, there are no intermediaries, peg-in, wrapped, or federated tokens. No other project has approached asset swaps in this manner, and it enables users to use native Bitcoin for financial instruments without counterparty or intermediary risk. Additional Features: -Unlike Ethereum, users can choose any token to pay transaction fees. -With Turing incomplete smart contracts, Mintlayer reduces the risk of contract failure and increases outcome predictability. This feature also reduces on-chain congestion. -It has an access control list or Access control list (ACL) for improved compliance with security tokens such as whitelisting/blacklisting addresses and such functionalities. -With multi-token transfers in a single transaction, Mintlayer makes aggregated payments a reality. -By integrating the Lightning Network, Mintlayer users will enjoy high transactions per second to enable fast transactions. -This project also has programmable pools for efficient tokenomics and evading Unspent Transaction Output (UTXO) pollution.

Current Price:

$0.006995More coin details

All-time high:

$0.99

All-time low:

$0.006524

ML Supply Info and Tokenomics

Circulating supply:

228,694,235

Total supply:

400,000,000

Max supply:

600,000,000

Market cap:

$1.60M

Fully diluted valuation:

$4.20M

What is the outlook and future value of ML?

The current market cap of ML is $1.60M, ranked 3158 in the market, showing that the market already recognizes the value of ML. When a bull market arrives, the market cap of ML may continue to grow.

Moreover, if ML can play a greater role in real-world applications—such as if the Monero developers can fully empower ML and establish partnerships with more business partners to expand its user base—then the long-term value of ML will be further enhanced.

What is the price of ML in 2027?

According to the historical price performance prediction model of ML, the price of ML is expected to reach $0.007344 at 2027.

Note: As with any crypto investment, investors should closely monitor ML’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get ML?

Purchasing ML with cash is not the only way to obtain ML. If you have enough time, you can get ML for free.

Learn how to get Hot rewards for free with ML.

Earn free ML by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get ML airdrops for free.

All crypto airdrops and rewards can be exchanged for ML through LBank spot trading.

Buy ML starting from $1

What is ML used for and how to use it?

The use cases for ML may grow with the development of the crypto market and project progress. Currently, you can use ML to:

Arbitrage trading of ML

ML is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many ML trading pairs to suit your needs.

Earn yield with ML

You can also lend out ML or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your ML gains.

Send or pay with ML

If you want to pay someone with ML, you can easily and quickly send ML to them using their receiving address.

You can also visit the official website of Mintlayer to learn more use cases of ML, such as whether the Mintlayer project supports community/eco apps or buying physical or virtual goods with ML.