MonolithTKN
$0.690
Market/Exchange
TKN Price Prediction and Price Movement
TKN has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that TKN's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if TKN is backed by a solid development team and whether TKN's technology has any potential to grow.
Please note that this analysis is purely base on TKN'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.
Monolith Price Chart
About Monolith
Monolith is a decentralised banking alternative, powered by Ethereum. Monolith provides a non-custodial contract wallet to store Ethereum-based tokens securely. Users can then exchange them to fiat and load them onto their Monolith Visa debit card. The Contract Wallet is non-custodial, open-source, and decentralised. It enforces advanced security features which are designed to protect users funds in the event of an attack. The Monolith Visa debit card is accepted globally and currently available for EEA residents (31 countries within Europe).
The Monolith token, TKN, gives community members a chance to participate in the success of the Monolith card. TKN is backed by a growing basket of ERC-20 tokens that people use to pay for everyday purchases. Each time a Monolith card user spends any other token than TKN, a 1% contribution is sent to the TKN Community Chest. Holders of TKN can then cash and burn their tokens at any time to redeem their share of the chest.