Mirror Protocol – Time To Buy Crypto

Is it a good time to buy Mirror Protocol right now?

Current Price: $0.17

Average Daily Volume

Mirror Protocol is currently ranked number 681 worldwide with a daily trading volume of $9,617,780.00, which it will make it not so easy for you to sell your holdings of Mirror Protocol.

Rating: 4/5

Market Cap

Mirror Protocol has a total market cap of $26,624,322.00.

Rating: 3/5

Community

Mirror Protocol has 130,549 total followers in all its social media accounts.

Rating: 0/5

All Time High

Mirror Protocol is currently -98.68% from its highest price $12.90 on 2021-04-10.

Rating: 5/5

Price Potential

The Mirror Protocol price has the potential to increase to $247.79 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Mirror Protocol right now.

Overall rating: 4/5

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What Is Mirror Protocol?

What are Mirrored Assets?
MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.

Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token. TFL has no intention of keeping or selling MIR tokens, and there are no admin keys or special access privileges granted. The intent for this is to be a completely decentralized, community-driven project.

Mirrored assets are blockchain tokens that behave like ""mirror"" versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.

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