Metawhale GoldMWG
$0.893
Market/Exchange
MWG Price Prediction and Price Movement
MWG is up 369.72 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of MWG can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, MWG has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on MWG's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Metawhale Gold Price Chart
About Metawhale Gold
MetaWhale Gold is a new paradigm in elastic supply tokenomics. It employs a self-renewable deflationary monetary policy that’s reportedly backed by self-filling reserves of tokenized and redeemable physical gold. MetaWhale Gold integrates the category of Value MetaWhale as it establishes its value from its reserves of tokenized gold, an asset that has the longest track record as a reliable store of value.
With MetaWhale Gold, deflation happens at the same time the protocol fills its own reserves. In doing so, the protocol allows all market participants to make the most out of a deflationary model whilst knowing to a deterministic certainty that their MetaWhale Gold holdings are backed by reserves of tokenized physical gold.
MetaWhale Gold Supply:
Initial Total Supply: 1,000,000 MWG
Every MetaWhale Gold Buy:
Burns 1.25% of the total transaction value. Sends 1.25% of the total transaction value to MetaWhale Gold reserves.
Every MetaWhale Gold Sell:
Burns 2.50% of the total transaction value. Sends 3.75% of the total transaction value MetaWhale Gold reserves.
MetaWhale Gold Reserve:
Reserve Asset: Paxos Gold (PAXG)
MetaWhale Gold Liquidity:
Provided and locked during the launch Auto-liquidity provision built into the Reserve Actions.