MUX Protocol Price(MCB)

The global cryptocurrency market cap now stands at $1.09T, down by -1.41% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $23,613 and $24,405 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $23,892, down by -2.09%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include PERP, MC, and AUDIO, up by 31%, 19%, and 18%, respectively.Market movers:ETH: $1652.37 (-0.90%)BNB: $311.1 (-0.16%)XRP: $0.3889 (-1.29%)ADA: $0.3826 (-2.32%)MATIC: $1.3444 (-3.21%)DOGE: $0.08454 (-1.19%)SOL: $23.94 (-2.05%)DOT: $7.032 (-3.30%)SHIB: $0.00001314 (-1.35%)LTC: $94.1 (-0.68%)Top gainers on Binance:PERP/BUSD (+31%)MC/BUSD (+19%)AUDIO/BUSD (+18%)

Play-to-earn gaming decentralized autonomous organization (DAO) Merit Circle has voted to burn nearly $170 million worth of its native MC tokens.The burn will see 200 million MC token taken out of circulation, out of MC's total supply of 1 billion tokens. The proposal received overwhelming support from the community, with 99.7% voting in favour.At press time, MC was trading at $0.84, up nearly 24% on the day.Merit Circle offers play-to-earn gamers "scholarships", whereby gamers, often in developing countries, borrow the non-fungible token (NFT) that acts as an entrance fee for the game. In exchange, the player has to send back a cut of the in-game earnings.Earlier this year, Merit Circle DAO, an entity with no central leadership, had voted to terminate its relationship with its peer Yield Guild Games.

The global cryptocurrency market cap now stands at $1.28T, up by 2.86% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $29,791 and $31,740 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $31,435, up by 4.60%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include UNFI, BEL, and MC, up by 36%, 25%, and 16%, respectively.Top stories of the day:Futures Weekly Wrap (May 30th-Jun 5th): On the Verge of a Major Price MovementBitcoin Mega Whale Holdings Touch One-Year High As BTC Jumps Past $31,000On-chain data provider Santiment notes that the total whale holdings by Bitcoin have touched their one-month high.Goldman Sachs Survey Shows Insurers Are Warming Up to Bitcoin and CryptoThe recent survey from Goldman Sachs shows that insurance firms, however, show interest in learning about crypto and the supporting infrastructure.Yuga Labs Confirms Discord Server Hack; 200 ETH Worth of NFTs StolenBitcoin Registers First Weekly Green Candle in 10 WeeksAs of press time, Bitcoin is trading 4% up at a price of $30,990 with a market cap of $589 billion.Solana Blockchain Surpasses $2 Billion in All-Time NFT SalesSolana reaches new milestones about the biggest blockchains by all-time NFT sales volume.Market movers:LUNA: $4.9876 (-2.54%)ETH: $1861.48 (+2.24%)BNB: $301.7 (+0.17%)ADA: $0.6046 (+4.82%)XRP: $0.3997 (+0.15%)SOL: $42.23 (+6.51%)DOGE: $0.08184 (+0.00%)DOT: $9.57 (+0.63%)TRX: $0.08152 (-0.80%)AVAX: $26 (+4.88%)Top gainers on Binance:UNFI/BUSD (+36%)BEL/BUSD (+25%)MC/BUSD (+16%)