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  1. Bitcompare
  2. 88mph (MPH)
88mph logo

88mph

MPH • Cryptocurrency

coins.hub.hero.metrics.price
€0.52
↓ 3.35%
coins.hub.hero.metrics.market_cap
388,5K
coins.hub.hero.metrics.volume
81,25
coins.hub.hero.metrics.supply
1,31M
MPH
€
1 MPH =€0.52
Updated 28 November 2024
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Best 88mph (MPH) Prices in Italy

PiattaformaCriptovalutaValue
Gate.io88mph (MPH)0,52 APY

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Price of 88mph (MPH) Today in Italy

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88mph Acquisto Guida

How to purchase 88mph
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Supported Exchanges in Italy

Gate.io logo
Gate.io

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About 88 mph (MPH)

88mph (MPH) operates on a decentralized network architecture designed to facilitate efficient and secure transactions. While specific details regarding its consensus mechanism and hashing algorithm are not publicly disclosed, the platform emphasizes the importance of maintaining a robust and scalable infrastructure to support its functionalities. The network is built to enhance user experience through real-time price comparisons, ensuring that participants have access to the most accurate and up-to-date information. Additionally, 88mph integrates market sentiment analysis to provide insights into user behavior and trends, further solidifying its position in the cryptocurrency ecosystem.
88mph (MPH) primarily functions as a decentralized finance (DeFi) protocol that allows users to earn yield on their cryptocurrency holdings through innovative lending and borrowing mechanisms. One of its key applications is providing liquidity for various digital assets, enabling users to stake their tokens and receive interest over time. This functionality is particularly advantageous for investors aiming to maximize returns on idle assets without the need for active trading. Additionally, 88mph supports the creation of structured financial products, allowing users to access fixed-income opportunities in the volatile cryptocurrency market. By leveraging real-time price comparisons and market sentiment analysis, 88mph improves decision-making for users looking to optimize their investment strategies.
The tokenomics of 88mph (MPH) revolves around a supply mechanism designed to incentivize participation and ensure sustainable growth within the ecosystem. While specific details about the total supply and distribution model are not publicly available, the token is typically used for governance, allowing holders to vote on protocol changes and enhancements. This decentralized governance structure encourages community involvement and aligns the interests of users with the long-term success of the platform. Additionally, MPH tokens may be used to access various features within the protocol, such as earning yields on staked assets, thereby creating a dynamic interplay between supply and demand that influences market dynamics and user engagement.
88mph (MPH) incorporates several security features to ensure the integrity and reliability of its network. Although specific details regarding its validation process and security protocols are not publicly disclosed, the platform is designed to operate on a decentralized framework that minimizes the risk of single points of failure. Typically, such networks utilize cryptographic techniques to secure transactions and protect user data, while also implementing smart contract audits to identify vulnerabilities before deployment. Additionally, the protocol likely employs mechanisms to prevent malicious activities, such as double spending and unauthorized access, thereby fostering a secure environment for users to engage in lending and borrowing activities.
The development roadmap for 88mph (MPH) outlines a series of strategic milestones aimed at enhancing the platform's functionality and user experience. Key achievements include the successful launch of the protocol, which established its core lending and borrowing features, as well as the implementation of real-time price comparisons and market sentiment analysis tools. Future milestones are expected to focus on expanding the range of supported assets, optimizing the user interface, and enhancing security measures to protect user funds. The roadmap emphasizes ongoing community engagement and feedback to drive continuous improvements and adapt to the evolving needs of the cryptocurrency market.