Mithril (MITH) is the 783rd largest cryptocurrency in the world by market cap, valued at $4,190,581. The current price of Mithril is $0.0041905809, which is -4.171% lower than yesterday. Prices have ranged between $0.00504152 and $0.00412716 over the past 24 hours. All prices are listed in US dollars and accurate as of February 09, 2023 04:02 UTC.
Mithril price chart
Price over the past month
What is Mithril?
Mithril is a decentralized social media platform designed to reward content creators. Using a process known as ‘social mining’, each user’s content and social interactions help them earn MITH tokens.
The basic premise behind Mithril is to reward users for posting content on social media platforms based on the likes, comments and shares they earn. While millions of posts, photos, videos and more are uploaded to mainstream social media sites every day, very few contributors actually profit from the content they share.
Mithril, which was founded by Taiwan’s 17 Media, centres on a concept known as social mining, which allows users to earn Mithril tokens (MITH) by using applications within Mithril’s decentralized network. This process aims to automate the monetisation of content, with social mining rewards directly linked to a user’s influence and success on a social media platform. The more value they bring to the platform, the more MITH they will earn.
Mithril was intially built on the Ethereum blockchain, however the platform migrated to the Binance Smart Chain in 2021. MITH tokens are designed to be integrated into new and existing social media networks. MITH was launched as a utility token in March 2018 on Lit, a social media platform that offers instant messaging, story feeds and friend discovery.
Mithril at a glance
Basic stats for Mithril
#783
$4 M
1 B
619 M
Jeffrey huang
Machi x
17 entertainment
Baypay
Taiwei entertainment
Social media
Utility token
Payments
Binance smart chain
Mithril news
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
Coinbase CEO cites rumors about SEC’s supposed ban on Crypto staking
Mithril performance over time
Mithril fundamental and technical analysis
Time frame
Movement
1 day
4.17%
1 week
3.64%
1 month
61.83%
2 months
64.53%
200 days
89.16%
1 year
90.44%
Social activity for Mithril
Similar assets
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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