MBC (MicroBitcoin) has pumped 65.27% in the last 24 hours.

Gate News Bot news, on July 21, according to CoinMarketCap data, as of the time of writing, MBC (MicroBitcoin) is currently priced at 0.00024538 USD, with a rise of 65.27% in the last 24 hours, reaching a high of 0.00045029 USD and a low of 0.0001251 USD. The 24-hour volume reached 605,500 USD. The current market capitalization is approximately 13.5 million USD, an increase of 5.35 million USD compared to yesterday.

MicroBitcoin is a payment protocol built on blockchain technology, centered around open source, decentralization, and peer-to-peer. MBC aims to become a practical payment method, characterized by a 1-minute block time, low transaction fees, and fast confirmations. The project utilizes the Power2b algorithm to enable CPU mining only, and employs Blake2b indexing to ensure secure hashing. As an open-source community project, MicroBitcoin welcomes anyone to contribute and develop.

Important news about MBC recently:

1️⃣ Price predictions attract market attention MBC price prediction has become the focus of investors, and the market has different views on its future trend. This difference in expectations may lead to increased trading volume in the short term, driving price fluctuations.

2️⃣ The demand for multi-currency exchange has increased The demand for exchanges between MBC and multiple mainstream fiat currencies and cryptocurrencies is rising, including the US dollar, Canadian dollar, Brazilian real, and South Korean won. This indicates that the use cases of MBC may be expanding globally.

3️⃣ Technical Indicator Changes The technical aspects of MBC have shown positive changes, including an increase in volume and a price breakthrough at key resistance levels. These factors have collectively driven MBC's significant rise in the short term.

From a fundamental perspective, MBC, as a cryptocurrency focused on payment functions, still requires further market validation of its value proposition. Technically, the recent strong rise may trigger profit-taking, and investors should closely monitor subsequent price trends and volume changes.

This message does not constitute investment advice, and investors should be aware of market volatility risks.