Why is Merit Circle crypto soaring & where to buy MC coin?

December 21, 2021 06:41 PM AEDT | By Raza Naqvi

Why is Merit Circle crypto soaring & where to buy MC coin? — Image source: © Mbruxelle/Megapixl.com

What is Merit Circle crypto?

Merit Circle crypto is the native utility token of a decentralized autonomous organization (DAO) called Merit Circle.

This project was created to maximize value accrual in metaverse games, and it is focused on cryptocurrency, gaming and investing.

Where to buy MC crypto?

Merit Circle crypto is a governance token and users can use this token to vote on the network's governance decisions. Apart from this, the MC coin has several use cases like users can get exposure to gaming NFTs across multiple subDAOs.

The MC coin can also be used for staking and its holders can get early access to NFT drops and they will be eligible for product discounts and platform's rewards.

Also Read: What is BAX crypto & why has it soared 6000%? Know its price prediction

According to Binance, the world’s largest cryptocurrency exchange, Merit Circle crypto has a maximum supply of 1,000,000,000 tokens and a circulating supply of 42,592,000.

Notably, Merit Circle supports Axie Infinity, the most popular play-to-earn game and it has the highest volume traded.

Bottom line

If you are interested in Merit Circle crypto, then you can visit cryptocurrency exchanges like HitBTC, Bitrue, Binance and Uniswap (V3) to buy this cryptocurrency.

Blockchain-based games and NFTs are becoming increasingly popular, and Merit Circle DAO could take advantage of it by attracting a solid gaming community.

According to the project’s website, there are more than 3.5 billion games worldwide and the global gaming industry is expected to reach US$ 314 billion in the next five years.

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