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  1. Bitcompare
  3. 88mph (MPH)
88mph logo

88mph

MPH • Cryptocurrency

coins.hub.hero.metrics.price
₹0.52
↓ 3.35%
coins.hub.hero.metrics.market_cap
3.88L
coins.hub.hero.metrics.volume
81.25
coins.hub.hero.metrics.supply
13.08L
MPH
₹
1 MPH =₹0.52
Updated 28 November 2024
Disclaimer: This page may contain affiliate links. Bitcompare may receive compensation if you click on any links. Please refer to our Advertising disclosure.

Best 88mph (MPH) Prices in India

PlatformCoinCost
Gate.io88mph (MPH)0.52

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Price of 88mph (MPH) in India Today

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88mph Buying Guide in India

How to purchase 88mph in India
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Top Trading Pairs for 88mph in India

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ADAADAMPHMPH
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ETHETHMPHMPH
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SOLSOLMPHMPH
XLMXLMMPHMPH

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Supported Exchanges in India

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Gate.io

About 88mph (MPH)

88mph (MPH) operates on a decentralized network that leverages innovative technology to facilitate efficient financial transactions and yield generation. While specific details about its consensus mechanism and network architecture are not publicly available, the platform is designed to optimize user engagement and streamline the process of earning returns on cryptocurrency holdings. The absence of a defined block time and hashing algorithm suggests a focus on enhancing user experience and operational efficiency rather than traditional mining processes. Users interested in the latest developments and technical specifications of 88mph should stay informed through reliable sources and updates.
88mph (MPH) primarily serves as a decentralized finance (DeFi) platform that enables users to earn yield on their cryptocurrency holdings through innovative financial products. One of its key use cases is allowing users to lock their assets in exchange for interest, effectively functioning as a yield aggregator. This approach enables investors to maximize returns on their digital assets without the complexities of active trading. Additionally, 88mph aims to enhance liquidity in the DeFi space by providing mechanisms for users to access their funds while still earning interest, making it an attractive option for those looking to optimize their investment strategies in a rapidly evolving market.
The tokenomics of 88mph (MPH) revolves around its utility as a governance and staking token within the platform's ecosystem. While specific details regarding the total supply and distribution model are not publicly disclosed, the token is designed to incentivize user participation and engagement by allowing holders to vote on protocol changes and governance proposals. The supply mechanisms likely include minting and burning processes to maintain a balanced economy, ensuring that the token's value reflects its utility and demand within the platform. As the DeFi landscape evolves, the market dynamics of MPH will be influenced by factors such as user adoption, liquidity provision, and overall market sentiment, which are critical for sustaining its value and functionality in the competitive cryptocurrency space.
The security features of 88mph (MPH) are integral to its operation within the decentralized finance ecosystem, although specific details regarding its validation process and security protocols are not publicly available. Typically, DeFi platforms implement a combination of smart contract audits, multi-signature wallets, and decentralized governance mechanisms to mitigate risks associated with vulnerabilities and malicious attacks. These security measures ensure that user funds are safeguarded while maintaining the integrity of transactions on the network. Additionally, the reliance on decentralized consensus mechanisms, if applicable, would further enhance security by distributing control across multiple nodes, thereby reducing the risk of single points of failure and fostering a resilient operational environment. Users are encouraged to stay informed about any updates or changes to the security protocols to ensure the safety of their assets.
The development roadmap of 88mph (MPH) outlines a strategic plan aimed at enhancing its platform capabilities and user experience, although specific milestones and timelines are not publicly detailed. Key achievements in its progression may include the successful launch of yield-generating products, the implementation of user-friendly interfaces, and the establishment of partnerships within the DeFi ecosystem to expand its reach and functionality. Future milestones are likely to focus on improving scalability, enhancing security measures, and introducing additional financial products to meet the evolving needs of users. Staying updated on the project's progress is essential for users interested in the ongoing developments and enhancements within the 88mph ecosystem.