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BTC $48350.39 (1.67%)
ETH $3468.46 (0.55%)
USDT $0.99 (-0.0%)
BCH $630.06 (0.34%)
BSV $173.33 (7.11%)
LTC $181.52 (0.12%)
BNB $414.85 (0.81%)
ADA $2.39 (0.78%)
DOGE $0.24 (-0.4%)

Metadium (META) Price Surges Above 75% in the Past Week

Metadium (META) Price Surges Above 75% in the Past Week
  • Metadium (META) spikes over 75% in the past week.
  • META is defined as an identity ecosystem developed on a public blockchain.

Metadium (META) price has shown bullish performance spiking over 75% in the past week.

META is a digital asset with a market capitalization of $152 million. Metadium is ranked as 176 in the global cryptocurrency rating. According to CoinMarketCap, the META price is at $0.122 with a 24-hour trading volume of $2,877,737, at the time of writing.

Meta price chart
META Price Chart (Source: CoinMarketCap)

Metadium – A Total Identity Solution

Metadium is defined itself as an identity ecosystem developed on a public blockchain to realize the self-sovereign identity vision. More so, it supports management of different aspects of an individual’s digital identity using the Meta  ID service. Moreover, Metadium application Keep in connects service providers and end-users through Meta ID. Notably, Metamedium was launched in early 2018.

Metadium has taken steady progress, however, overcoming many challenges in the past years. Since the mainnet launch in 2019, Metadium has developed into one of the representative blockchain projects in South Korea. More so, it has created one million wallets and manages 300,000–500,000 daily transactions, which places it in the 14th place of the world’s mainnet ranking.

Metadium is based on the SPoA consensus algorithm. This is similar to EIP-225 (PoA) which is a blockchain that restricts decentralization and enhances scalability. Based on this, we launch a short-term plan for technology advancements such as security and optimization as per the actual operation instead of a relatively scalable technology trend like L2 or sharding.

Furthermore, the Metadium will continue working hard to create their technology and expand their Decentralized Identifier (DID) ecosystem. All-in-all, the price of META could reach great heights soon.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.