What is MAGMA STAKED MONAD(GMON)?

Basic information about GMON

Coin name:

Magma Staked Monad

Coin symbol:

Coin introduction:

Magma is a DAO-owned Liquid Staking platform for Monad. gMONAD is a derivative of MONAD that is staked on Magma, allowing users to stake their MONAD tokens and retain their liquidity. gMONAD holders will be able to tap into the liquidity of their MONAD tokens, and use gMONAD for DeFi activities on Monad. gMONAD can be used as collateral across dAPPS within the Monad ecosystem to buy, sell, trade, lend and borrow.

Current Price:

$0.02More coin details

All-time high:

$0.04

All-time low:

$0.02

GMON Supply Info and Tokenomics

Circulating supply:

70,520,340

Total supply:

70,520,340

Max supply:

Market cap:

$1.62M

Fully diluted valuation:

$1.62M

What is the outlook and future value of GMON?

The current market cap of GMON is $1.62M, ranked 2977 in the market, showing that the market already recognizes the value of GMON. When a bull market arrives, the market cap of GMON may continue to grow.

Moreover, if GMON can play a greater role in real-world applications—such as if the Monero developers can fully empower GMON and establish partnerships with more business partners to expand its user base—then the long-term value of GMON will be further enhanced.

What is the price of GMON in 2027?

According to the historical price performance prediction model of GMON, the price of GMON is expected to reach $0.02 at 2027.

Note: As with any crypto investment, investors should closely monitor GMON’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get GMON?

Purchasing GMON with cash is not the only way to obtain GMON. If you have enough time, you can get GMON for free.

Learn how to get Hot rewards for free with GMON.

Earn free GMON by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get GMON airdrops for free.

All crypto airdrops and rewards can be exchanged for GMON through LBank spot trading.

Buy GMON starting from $1

What is GMON used for and how to use it?

The use cases for GMON may grow with the development of the crypto market and project progress. Currently, you can use GMON to:

Arbitrage trading of GMON

GMON is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many GMON trading pairs to suit your needs.

Earn yield with GMON

You can also lend out GMON or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your GMON gains.

Send or pay with GMON

If you want to pay someone with GMON, you can easily and quickly send GMON to them using their receiving address.

You can also visit the official website of Magma Staked Monad to learn more use cases of GMON, such as whether the Magma Staked Monad project supports community/eco apps or buying physical or virtual goods with GMON.