Magpie Price (MGP)
Magpie Price (MGP)
1 MGP to USD Live Price:
Magpie Price Today
The live Magpie (MGP) price today is $ 0.01195664, with a 6.53% change over the past 24 hours. The current MGP to USD conversion rate is $ 0.01195664 per MGP.
Magpie currently ranks #- by market capitalization at $ 6,792,247, with a circulating supply of 567.97M MGP. During the last 24 hours, MGP traded between $ 0.01188661 (low) and $ 0.01283896 (high), reflecting market activity. Its all-time high stands at $ 0.21073, while the all-time low was $ 0.00789301.
In short-term performance, MGP moved +0.22% in the last hour and -19.78% over the past 7 days. Over the past day, total trading volume reached --.
Magpie (MGP) Market Information
The current Market Cap of Magpie is $ 6.79M, with a 24-hour trading volume of --. The circulating supply of MGP is 567.97M, with a total supply of 1000000000.0. Its Fully Diluted Valuation (FDV) is $ 11.96M.
Magpie Price History USD
+0.22%
-6.52%
-19.78%
-19.78%
Magpie (MGP) Price History USD
During today, the price change of Magpie to USD was $ -0.00083494314883982.
In the past 30 days, the price change of Magpie to USD was $ -0.0039995068.
In the past 60 days, the price change of Magpie to USD was $ -0.0060827708.
In the past 90 days, the price change of Magpie to USD was $ -0.015144931058032452.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.00083494314883982 | -6.52% |
| 30 Days | $ -0.0039995068 | -33.45% |
| 60 Days | $ -0.0060827708 | -50.87% |
| 90 Days | $ -0.015144931058032452 | -55.88% |
Price Prediction for Magpie
In 2040, the price of Magpie could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Magpie will reach in 2025–2026? Visit our Price Prediction page for MGP price predictions for the years 2025–2026 by clicking Magpie Price Prediction.
What is Magpie (MGP)
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues:
- Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate.
- Limited income for veToken holders - veToken holders can earn zero or limited passive income.
- Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights.
Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to:
- Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken.
- Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue.
- Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.
Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap. In the long term,
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Magpie (MGP) Resource
About Magpie
What is Magpie about?
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
What makes Magpie unique?
veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders.
What's the history of Magpie?
Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap.
What can Magpie be used for?
Magpie XYZ helps veTokenomics protocols to: - Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken. - Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue. - Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.
How much is Magpie worth right now?
Magpie is currently trading at $0.01195664, with a price movement of -6.52% over the last 24 hours. This live price offers a snapshot of real-time market activity and investor sentiment.
Is MGP going up or down today?
MGP has shown a price movement over the last 24 hours, reflecting how the market is reacting to recent news, trading volume, and developments within the BNB Chain Ecosystem,Arbitrum Ecosystem,Binance Alpha Spotlight ecosystem.
How popular is Magpie today?
The token has recorded $-- in 24-hour trading volume, indicating how many traders are actively buying or selling MGP.
What makes Magpie different from other crypto assets?
As part of the BNB Chain Ecosystem,Arbitrum Ecosystem,Binance Alpha Spotlight category and built on the -- network, MGP offers a specific utility and role within its ecosystem, which may include payments, staking, governance, or application-specific use cases.
How much MGP exists in the market?
There are 567972917.8919094 tokens in circulation today, which helps determine the token's scarcity and overall market value.
What is Magpie's all-time high and low price?
The token's highest recorded price (ATH) is $0.21073, while its lowest point (ATL) is $0.00789301, offering important context for long-term investors evaluating price cycles.
People Also Ask: Other Questions About Magpie
Magpie (MGP) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-15 15:51:37 | Industry Updates | UK Treasury is Developing New Regulations for the Crypto Market |
| 12-15 07:04:00 | Industry Updates | In the past 24 hours, total liquidations across the market reached $311 million, with long positions accounting for $265 million in liquidations |
| 12-14 19:51:38 | Industry Updates | 24-hour Spot Capital Inflow/Outflow Ranking: BTC Net Outflow of $151 Million, ETH Net Outflow of $42 Million |
| 12-14 15:58:11 | Industry Updates | This week, the crypto sector received $176 million in new funding, with total crypto funding exceeding $25 billion this year |
| 12-12 15:52:17 | Industry Updates | Data: Bitcoin whales have sold or transferred 36,500 BTC this month |
| 12-12 08:40:19 | Industry Updates | US SEC Chairman: Crypto Currency Working Group to Host Roundtable on May 15 to Discuss Policy Issues Related to Financial Monitoring and Privacy |
Explore More about Magpie
More Cryptocurrencies to Explore
Top cryptocurrencies with market data available on MEXC
HOT
Currently trending cryptocurrencies that are gaining significant market attention
Newly Added
Recently listed cryptocurrencies that are available for trading
Top Gainers
Today's top crypto pumps
Agusto
AGUSTO
+662.60%
BLEXA
BLE
+328.55%
AEGIS
AEGIS
+135.00%
Jump Tom
JUMP
+147.50%
AIFin
AIF
+106.66%
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.