Million Token Price: given its recent launch on July 1, the crypto coin racks up over 37% plus from its $1 to 1MM pair off _ and dips.
After a fitful climb to its current $53.15 value on Uniserp(v3), Million Token is now dumped on its one million (1,000,000) holders. Its YouTube propagator, TechLead, takes a chunk of the blame from disgruntled MM coin holders on social media.
The coin starts on par to one USD, while TechLead mentions that it is propped by funds from his private pool. This trend rode the waves. Before long, investors began buying Million tokens.
Regardless, Million Token dips steadily after struggling fitfully for a few days. From its $1 anchorage, the token currently records at least a 60% deficit.
In this regard, its holders speculate the Million Token Price for the rest of the year.
You can learn more about the events leading to the fall of MM Coin in this article.
Million Token Price: Overview
Million Token Price: described in a bourgeois catchphrase as a “coin for millionaires”, the token verges its collapse point.
Previously, a key promoter of the cryptocurrency, TechLead, mustered MM token’s holder base in glowing terms. In one YouTube video, he highlights that the coin is infallible since it is supported by an equivalent amount in the US dollar.
MM token holders were spurred by the jarring take-off of the MM coin. So, they bought up to one million (1,000,000) of it in barely two weeks after its launch.
Currently, though, the Million Token Price strikes for the hundredth dollar range, despite its alleged having a million-dollar backup. This trend doesn’t sit well with investors who sourced it is the coin’s operators that removed it from Uniswap.
As tensions mount following Million Token Price decline, it is alleged that a hodler is flogging some one hundred dollar equivalents of MM token to crypto traders. If this report is true, it implies another rip-off on the sly.
Going to the Moon or Balking?
Being an ECR-20 coin, which costs little to generate, the MM Token only gets traction from its YouTube promoter, TechLead (a former Facebook worker). This pattern is typical for crypto coins: they are valuable for the fact that a frenzied Defi community is inspired enough to pay for them.
Similarly, the owner of Million Coin banks on its hodler bank to float the coin. As it happens, the PR efforts are not enough. So, a Uniswerp account attempts to drive up purchases by buying up to $100,000 equivalent of the token.
Although the Million Token Price is described as moon-seeking, it dips. TechLead’s trotting coin balks before it clocks one month on the exchange counter.
Regardless, the big relief is that the website is still running. At least, it soothes the fears that the Million Token Price is hitting ground zero. Since the platform (millioncoin.org) is available, it will steer its falling coin value back to an upward trajectory.
Before now, the MM Token, like a stable coin, paired off 1 MM to $1 and is projected to rise from this tally. However, the reverse is the case.
So, instead of a lunar adventure, MM token is hitting a home-run after its gasping peak at 37% on Uniswerp.
Are there any signs of improvement? See the next section for possible results.
MM Token Prospects
Currently, the coin nominally tallies to $53.15 on Uniswerp(v3).
How the company will sustain this Million Token Price beats the dissatisfied coin holders venting on social media.
Also, TechLead’s tetchy reply following Million coin’s decline is not helping matters. He is all for a Jacuzzi moment on the moon through a collective effort of all Million Token holders. So, he advises all Million coin holders to expect favorable fluctuations since he will not cash out only double his investments.