Rank #4447
xmd Metal Dollar
$ 0.9962
0.058078 BTC
807 satoshies
Market Cap
833,398.575 $
24 Hour Trading Vol
10,57 MLN. $
Circulating Supply
836,560.77
Total Supply
836,560.77
Max Supply
-
Fully Diluted Valuation
837,906 $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
-
-
-
-
-
-
Metal Dollar Price Statistics
0.9962 $
0.9924 $ / 1.01 $
10,57 MLN. $
#4447
833,398.575 $
1.086 $
-8.3%
15 August, 2024, (a year ago)
0.9095 $
9.48%
12 March, 2025, (5 months ago)
Metal Dollar Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Metal Dollar Performance
Trading Pair
day
week
month
xmd
/
usd
-0.25%
-0.72%
-1.31%
xmd
/
btc
-0.25%
-0.72%
-1.31%
xmd
/
eth
-0.25%
-0.72%
-1.31%
About Coin
What is the project about?
The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability.
What makes your project unique?
The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction.
History of your project.
The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain.
What’s next for your project?
Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps.
What can your token be used for?
XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Where is Metal Dollar available for purchase?
What is the highest value Metal Dollar (XMD) has ever reached?
Metal Dollar (XMD) reached its peak price at 1.086 $ on 15 August 2024, approximately a year ago ago. Presently, the current price is -8.26% lower than this all-time high.
What is the historical minimum price for Metal Dollar (XMD)?
The minimum price reached for Metal Dollar (XMD) was 0.9095 $, documented on 12 March 2025, more than 5 months ago. In comparison, the current price is 9.53%, it above this historical low.
What is the fully diluted valuation of Metal Dollar (XMD)?
The fully diluted valuation (FDV) of Metal Dollar (XMD) stands at $ 837,906. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of XMD tokens. The realization of this FDV might take several years depending on the emission schedule of XMD tokens.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.