MBG (MultiBank Group) rose 0.40% in 24 hours

Gate News Bot news, on August 14, according to CoinMarketCap data, as of the time of writing, MBG (MultiBank Group) is currently priced at 2.21 USD, with a rise of 0.40% in the last 24 hours, reaching a high of 2.21 USD and a low of 1.96 USD. The current market capitalization is approximately 194 million USD, with an increase of 769,500 USD compared to yesterday.

MBG is a utility token of the MultiBank Group ecosystem. MultiBank Group is a large financial group with a daily trading volume of 35 billion USD and over 2 million clients. The MBG token is backed by 29 billion USD in assets and is listed on multiple exchanges. MultiBank Group plans to launch the MEX Exchange, with an expected daily trading volume of up to 460 billion USD. The group is also developing a 10 billion USD asset tokenization project, having completed the tokenization of 3 billion USD in ultra-high-end real estate.

Important news about MBG recently:

1️⃣ Token generation event successfully completed The MBG token has officially launched on multiple trading platforms, including Gate, Uniswap, and MultiBank io. This marks the official entry of MBG into the public market, providing important support for its liquidity and value. Launching on multiple platforms helps to enhance the token's accessibility and trading activity.

2️⃣ Strong Demand in the Pre-sale Stage The MBG token presale performed remarkably, with a presale quota of 7 million tokens sold out in less than an hour. This high demand reflects strong investor confidence in MultiBank Group and its token project, which may become an important factor supporting the MBG price.

3️⃣ Physical asset support enhances confidence The uniqueness of the MBG token lies in its backing by physical assets, including a $29 billion asset base from MultiBank Group and a $10 billion real estate asset tokenization project. This close connection to the real economy provides MBG with a more solid value foundation compared to other purely digital assets, which may attract more investors seeking relatively stable investments.

From a technical perspective, MBG's price has shown a rising trend recently, with the 24-hour rise narrowing from 2.32% to 0.40%, but it still maintains a growth momentum. This indicates that the market holds a cautiously optimistic attitude towards MBG. However, investors still need to closely monitor the overall trends of the global cryptocurrency market, as well as the subsequent business developments and token applications of MultiBank Group.

This message does not constitute investment advice, and investors should be aware of market volatility risks.

MBG0.67%
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