MNet Continuum (NUUM) Metrics
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MNet Continuum (NUUM)
What is MNet Continuum?
MNet Continuum is a cryptocurrency that operates as a token within the MNet ecosystem. It is designed to facilitate various transactions and interactions within the MNet platform, primarily focusing on enhancing user engagement and utility. The MNet Continuum token is utilized for payments, governance, and accessing services within the blockchain project, which is built on a robust decentralized infrastructure. By leveraging its unique features, MNet Continuum aims to empower users and promote a seamless experience within the metaverse.
When and how did MNet Continuum start?
MNet Continuum was launched in 2021, developed by a team focused on enhancing the metaverse experience through blockchain technology. The project aims to create a decentralized platform that supports various virtual environments and applications. Initially listed on several cryptocurrency exchanges, MNet Continuum gained traction in the early development phase, attracting attention for its innovative approach to integrating virtual reality and blockchain.
What’s coming up for MNet Continuum?
MNet Continuum is poised for significant growth as it approaches the next phase of its roadmap, which includes the launch of new decentralized applications aimed at enhancing user engagement and utility. Upcoming features will focus on expanding interoperability with other blockchain networks, allowing for seamless integration and broader use cases within the Metaverse ecosystem. The community is actively involved in shaping future goals, with plans for regular feedback sessions and collaborative workshops to ensure alignment with user needs. As MNet Continuum evolves, it aims to solidify its position as a key player in the Metaverse, driving innovation and fostering a vibrant community.
What makes MNet Continuum stand out?
MNet Continuum (NUUM) stands out from other cryptocurrencies due to its unique integration of metaverse technology, enabling real-world use cases in virtual environments. Unlike many cryptocurrencies, MNet Continuum employs a multi-layer consensus mechanism that enhances scalability and transaction speed, making it particularly suitable for decentralized applications. Its special feature lies in its focus on fostering an immersive ecosystem where users can engage, trade, and create, setting it apart from traditional blockchain projects.
What can you do with MNet Continuum?
MNet Continuum (NUUM) is primarily used as a utility token within the MNet ecosystem, enabling users to make payments for services and transactions. Additionally, it supports staking mechanisms that allow holders to earn rewards, and it plays a role in governance, giving users a voice in the decision-making processes of the platform. Furthermore, NUUM can be utilized in various DeFi apps and for trading NFTs, enhancing its versatility in the digital economy.
Is MNet Continuum still active or relevant?
MNet Continuum is currently active, with ongoing development and a dedicated team working on updates. The project is still traded on various exchanges, indicating a level of community engagement and interest. Overall, it does not appear to be an inactive or abandoned project, reflecting a stable presence in the market.
Who is MNet Continuum designed for?
MNet Continuum is designed for developers and businesses looking to leverage blockchain technology for innovative applications in the metaverse. Its target audience includes those seeking to create decentralized solutions and enhance user experiences within virtual environments. The platform fosters a community of forward-thinking individuals and organizations focused on the intersection of technology and immersive digital experiences.
How is MNet Continuum secured?
MNet Continuum secures its network through a unique consensus mechanism called Proof of Authority (PoA), which relies on a select group of trusted validators to confirm transactions and create new blocks. This model enhances network security by ensuring that only verified entities participate in the consensus process, thereby providing robust blockchain protection against malicious activities. The validator setup is integral to maintaining the integrity and efficiency of the MNet Continuum network.
Has MNet Continuum faced any controversy or risks?
MNet Continuum has faced scrutiny due to concerns regarding its security measures, with potential vulnerabilities raising the risk of hacks and security incidents. Additionally, the project has been associated with extreme volatility, which poses a significant risk for investors. While there have been no major legal issues or confirmed rug pulls reported, the overall market sentiment remains cautious due to these challenges.
MNet Continuum (NUUM) FAQ – Key Metrics & Market Insights
Where can I buy MNet Continuum (NUUM)?
MNet Continuum (NUUM) is widely available on centralized cryptocurrency exchanges. The most active platform is Raydium, where the NUUM/USDC trading pair recorded a 24-hour volume of over $24.80. Other exchanges include Raydium (CLMM) and Raydium (CLMM).
What's the current daily trading volume of MNet Continuum?
As of the last 24 hours, MNet Continuum's trading volume stands at $64.31 , showing a 29.79% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's MNet Continuum's price range history?
All-Time High (ATH): $0.602559
All-Time Low (ATL): $0.00000000
MNet Continuum is currently trading ~99.82% below its ATH
.
How is MNet Continuum performing compared to the broader crypto market?
Over the past 7 days, MNet Continuum has declined by 12.05%, underperforming the overall crypto market which posted a 1.39% decline. This indicates a temporary lag in NUUM's price action relative to the broader market momentum.
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MNet Continuum Basics
| Website | metaversenw.gitbook.io mnet.io |
|---|
| Source code | github.com |
|---|---|
| Asset type | Coin |
| Contract Address |
| Explorers (1) | continuum.subscan.io |
|---|
| Tags |
|---|
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Popular Calculators
MNet Continuum Exchanges
MNet Continuum Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
MNet Continuum



