Description:
MagicRing is a community-driven MEMECOIN built on the Ethereum blockchain, aiming to blend entertainment with functionality in the cryptocurrency space. As an ERC-20 token, it leverages the secure and established Ethereum network to offer a decentralized digital asset that infuses the playful culture of internet memes with the serious potential for value transfer and growth.
Purpose:
The primary purpose of MagicRing is to introduce a fun, relatable entry point into the world of cryptocurrencies, engaging a broader audience beyond traditional investors. It serves to create a bridge between popular culture and digital assets, making the blockchain technology behind it more accessible and understandable to the public.
Function:
MagicRing functions as a medium of exchange within the ecosystem it supports, facilitating transactions, tipping, and micro-transactions across social media and other online platforms. Additionally, the token is designed to incentivize community participation through rewards and to serve as a vehicle for community-driven governance.
Utility:
The utility of MagicRing tokens includes:
Transactions: Used for peer-to-peer transactions and as a payment method for goods and services within the ecosystem.
Community Rewards: Holders can earn additional MagicRing tokens through various community engagements, contests, and contributions.
Governance: Token holders have a say in the project's direction and decision-making process through a democratic voting system.
Staking: Users can stake their MagicRing tokens to earn rewards, contributing to the stability and security of the network.
Where is MagicRing available for purchase?
You can exchange MRING tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading MagicRing is Uniswap V2 (Ethereum), notably the MRING/WETH pair, which saw a trading volume of $ 1.051 in the past day.
What is the highest value MagicRing (MRING) has ever reached?
MagicRing (MRING) reached its peak price at 0.072369 $ on 10 April 2024, approximately a year ago ago. Presently, the current price is -95.61% lower than this all-time high.
What is the historical minimum price for MagicRing (MRING)?
The minimum price reached for MagicRing (MRING) was 0.09332 $, documented on 09 April 2025, more than 4 months ago. In comparison, the current price is 213.16%, it above this historical low.
What is the fully diluted valuation of MagicRing (MRING)?
The fully diluted valuation (FDV) of MagicRing (MRING) stands at $ 104,050. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 99,999,999,999,999 MRING tokens. The realization of this FDV might take several years depending on the emission schedule of MRING tokens.
How to add MagicRing (MRING) to MetaMask?
By integrating MagicRing (MRING) 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 MRING as a token. You can either manually import MRING by copying its contract address (0xd59d7d2e955533fcd21641da8a70eae9624a3c49) or use MetaMask's Chrome extension to add MRING with a single click through P.CASH.
How to add MagicRing (MRING) to TrustWallet?
Incorporating MagicRing (MRING) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include MRING, you can either manually import it using the contract address (0xd59d7d2e955533fcd21641da8a70eae9624a3c49) 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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