e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart.
Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
Where is e-Money available for purchase?
You can exchange NGM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading e-Money is Osmosis, notably the NGM/OSMO pair, which saw a trading volume of $ 18.57 in the past day.
What is the highest value e-Money (NGM) has ever reached?
e-Money (NGM) reached its peak price at 2.76 $ on 06 April 2021, approximately 4 years ago ago. Presently, the current price is -99.64% lower than this all-time high.
What is the historical minimum price for e-Money (NGM)?
The minimum price reached for e-Money (NGM) was 0.002844 $, documented on 05 August 2024, more than a year ago. In comparison, the current price is 240.43%, it above this historical low.
What is the fully diluted valuation of e-Money (NGM)?
The fully diluted valuation (FDV) of e-Money (NGM) stands at $ 2,30 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of NGM tokens. The realization of this FDV might take several years depending on the emission schedule of NGM tokens.
How to add e-Money (NGM) to MetaMask?
By integrating e-Money (NGM) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import NGM as a token. You can either manually import NGM by copying its contract address (0xed0d5747a9ab03a75fbfec3228cd55848245b75d) or use MetaMask's Chrome extension to add NGM with a single click through P.CASH.
How to add e-Money (NGM) to TrustWallet?
Incorporating e-Money (NGM) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include NGM, you can either manually import it using the contract address (0xed0d5747a9ab03a75fbfec3228cd55848245b75d) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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