MXC Token: Say Goodbye To WiFi & 5G!

What Does MXC Token Ecosystem Do?

MXC token is from a public network  (Meta X Connect) which enables users to generate value by transferring real-world assets to the Web 3.0 ecosystem. Founded in 2018, this non-profit organisation was initially designed to allow for device data transmissions and M2M (Machine-to-Machine) transactions. M2M transactions are the transfer of information between systems to complete an autonomous task. Since launching the MXC token, the MXC platform has become a large low-power WAN (LPWAN) IoT (Internet of Things) platform in the Web 3.0 ecosystem. MXC aims to bring real-world assets and collaterals to the Web 3.0 ecosystem and does so by enabling the bridging of real-world objects with Metaverse and DeFi platforms. 

What Do MXC Tokens Do In MXProtocol?

The gateways to accessing MXC features are MXC tokens and MXProtocol mining devices. The M2 Pro Miners are low-power multi-token miner devices miners use to build LPWAN via the Metaverse. MXC has also introduced the MXProtocol (Meta X Protocol), based on Proof-of-Participation mining to achieve consensus. This mechanism utilises LoRaWAN (low-power Wide-Area Networking protocol built on the LoRa radio modulation technique) to create a global data network. MXProtocol helps Web 3.0 and blended reality Metaverse infrastructures simplify and increase data transfers and participants.

What Is MXC Token’s LPWAN?

LPWAN (Low-Power Wide-Area Network) is a wireless technology aiming to become a transmission solution that solves the issues of WiFi, Bluetooth, 3G, 4G, and 5G networks. These established technologies connect people and are unable to connect data generated by “things”, or in simpler words, machine-generated data. LPWAN technology also exceeds the other similar technologies in the following areas:

• 20 km data reach with only one miner
• 10-year sensory battery life
• High amounts of connection points with over 60,000 for only one network cell, supported by LPWAN miners at an efficient cost

The solution MXC token offers not only covers indoor and local areas but will soon be able to offer LEO satellite infrastructures that can support even mobile devices for transferring data.

What Does MXC Token Have To Do With LPWAN?

MXC offers a decentralised open-source network that brings new opportunities to the AI industry, the Metaverse, Web 3.0, and blockchain-based economies. Data can be shared on a mass scale in a seamless, permissionless, scalable and secure way while ensuring complete privacy. MXC token is distributed among all players of this ecosystem; data owners, data receivers, and data network hosts. This model allows for the cross-over of a token into a trading currency in the Web 3.0 and Metaverse environments.

MXC Token And LPWAN NFTs

LPWAN NFTs are the bridge between real-world assets and the digital world. Each item will have its very own identity verified on the blockchain through the MXProtocol. LPWAN NFTs allow users to track physical and tangible datasets and ensure receivers of the goods or datasets are the only ones who have received the goods and that this information is coming from a qualified source.

What Is MXC Token?

Meta X Connect (MXC) is an ERC-20 utility token on Ethereum used for device transactions throughout the MXProtocol. With the help of the MXC token, IoT and data can be published and traded on the MXC NFT marketplace.

MXC Token Analysis

MXC Token has a market cap of $211 million and ranks #162 in market cap rankings. MXC is being held in more than 17,000 wallets, and during the past 24 hours, there have been 153,000 transactions with this token. MXC Token had a yearly ROI of 211%, outperforming other projects in a similar category with an annual ROI of -49%.

MXC Token Financial Report

MXC Token has a fixed total supply of 2,664,965,800. 100% of MXC's total supply is in circulation, and all tokens are committed to the PoP consensus mechanism. MXC Token distribution model is as follows:

• 20% was allocated to early investors, and more than $5 million was invested.
• 30% was sold in a private sale, and more than $8 million was raised during the sale.
• 10% was sold during a private ICO, and more than $3 million was raised from the ICO.
• 20% was allocated to the team members.
• 20% was allocated to the MXC Foundation.

How Popular Is MXC Token?

The past six months have been challenging for the crypto market’s popularity and mass adoption. However, it hasn’t been much of a challenge for the MXC token. MXC platform saw a 116% growth on Twitter, 16% on Reddit, and 11% on Telegram.

Disclaimer: Don’t take this article as financial advice. You need to DYOR (Do Your Own Research) before investment.

MXC Token Price Prediction

Cryptologi.st does not provide financial advice or trade signals; it rather gathers prediction information from various resources, including Priceprediction.net and Technewsleader.com. Nothing stays stagnant in this volatile market, and many factors like politics, finances and social changes can influence the overall performance of the crypto market. What follows is the MXC token price prediction for the coming years.

MXC Token Price Prediction For 2022

Crypto experts predict that the average trading price for MXC tokens will revolve around $0.091 throughout 2022.

MXC Token Price Prediction For 2023

In 2023, the average MXC token price will be $0.094, with a maximum price of $0.097 and a minimum of $0.091.

MXC Token Price Prediction For 2024

According to predictions, the average trading price of each MXC token can reach $0.098 throughout 2024.

MXC Token Price Prediction For 2025

Predictions indicate that the average trading price of MXC tokens can hit $0.10. The maximum price of MXC tokens can reach $0.11 in 2025.

Is MXC Token A Good Investment?

Considering the technologies backing up the project and how it can potentially change our everyday lives, MXC looks to be promising. Also, the MXC token has had quite impressive performance in terms of ROI (211%), popularity growth on social media platforms, and price action. MXC can be a profitable long-term investment, but only if you go in for the technology and not only invest. If you are interested in finding similar projects, you’re in the right place! At Cryptologi.st, we have gathered everything you need - from free screening tools to project reviews, right at your fingertips!