Mercury (MER)

Market Cap

$11,129,525 USD

Volume (24h)

$2,668,135 USD

4.8
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Mercury Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Mercury Volume Ratio Rank: 24/100

  • Market Cap

    The total cost of all coins available.

    Mercury Market Cap Rank: 86/100

  • 24h Change

    Is the price moving up or down?

    Mercury 24h Change Rank: 48/100

  • Social Following

    How many users are following this coin?

    Mercury Social Following Rank: 65/100

  • Google Trends

    How many users are searching for the coin?

    Mercury Google Trends Rank: 57/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Mercury Twitter Citation Rank: 66/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Mercury User Voting Rank: 89/100

Mercury investment analysis

This currency is actually part of a larger product by Darcrus. The developers behind this project have issued three different assets, and MER is used to allow collaboration between different block chains. These communications can be time stamped, and the first use case for this is for their Jupiter platform.

This allows for document-able proof that transactions have occurred by sending that information to the public Waves chain, which this token was issued on. This also allows the main chain to remain private to protect its users, while still providing transparency to maintain the chain's integrity.

While the initial use case for this token is for Jupiter, it will be able to be utilized for other projects in the future as well. Waves allows for transactions to be paid for in the underlying token. So, the value of your Mercury investment will come from the desire for individuals to develop applications on Jupiter, which is a decentralized application platform.

The supply for this asset is fairly limited, and while Ethereum is currently the platform of choice for developers, Waves is no slouch in this regard either, and there is room for multiple solutions to exist in a market. After all, no solution is one size fits all.

How to buy?
current price
$0.111295
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+175.6%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.30674
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

27/1634
by Safety
1123/1634
by Profit
historical data

How to buy Mercury?

Investors can buy Mercury on a decent number of different exchanges, and the trading volume for this asset is excellent. That means that you should have no trouble easily completing a trade here. There's also a variety of viable trading pairs for you to use here including Bitcoin, Waves and even the South Korean Won.

If you need a safe place to store your tokens, then you'll need to utilize a suitable wallet in order to do so. The best option here is to go to the page's official website to get their recommendation. There are several suitable options though including a couple of web wallets, some mobile wallets for Android and iOS, and the official Waves wallet will work as well. In any case, make sure that you create a backup of your wallet in a safe place. This will be the only way to regain access to your funds should your host device become inoperable for any reason.