MeterStable (MTR) Price

MeterStable is a low-volatility cryptocurrency that operates on the Meter blockchain system. It is mined using SHA256 algorithm, similar to Bitcoin. Key features of MTR include: 1. Energy-efficient mining: One MTR token can be generated using the same amount of electricity (about 10 kWh) as mainstream Bitcoin miners. 2. Utility: MTR is used to pay for all transaction fees and gas costs within the Meter ecosystem. 3. Governance potential: In the future, MTR holders may be able to exchange their tokens for MTRG, Meter's governance token, through on-chain bidding. 4. No pre-mine: MTR had no pre-mined tokens, ensuring a fair distribution. 5. Unlimited supply: There is no maximum cap on the total supply of MTR. 6. Market-driven production: Miners only produce MTR when it's more profitable compared to mining Bitcoin. As of 2026-05-08, MTR is ranked #4351 with a price of $0.3990. It has seen a +0.25% change in the last 24 hours. The current circulating supply is 391.72K MTR MTR, with a market cap of $156.29K. The all-time high was $32.6900 on April 11, 2021, while the all-time low was $0.1815 on February 3, 2025.

MeterStable was created in February 2018. It was launched as a low-volatility token generated through SHA256 mining in the Meter system. The project aimed to create a stable cryptocurrency that could be mined using Bitcoin mining hardware, with one MTR token produced for every 10 kWh of electricity consumed on average by mainstream Bitcoin miners. MeterStable serves as the gas token for transactions and fees within the Meter ecosystem, and can potentially be exchanged for the governance token MTRG through on-chain bidding in the future. Unlike many cryptocurrencies, MeterStable had no pre-mine and has an unlimited total supply, with miners only producing new tokens when it is profitable compared to mining Bitcoin.

The founders of MeterStable are Xiaohan Zhu and Zhong Chen. They established the project in 2018 with the goal of creating a more stable and efficient cryptocurrency. Xiaohan Zhu serves as the CEO, bringing extensive experience in blockchain technology and distributed systems. Zhong Chen is the CTO, with a strong background in cryptography and software engineering. Together, they developed MeterStable's unique consensus mechanism that combines Proof-of-Work mining with elements of Proof-of-Stake to achieve greater stability. The founders' vision was to create a cryptocurrency that could serve as both a store of value and a medium of exchange, addressing some of the volatility issues common in other digital assets. Since launching MeterStable in 2018, Zhu and Chen have continued to lead its development and adoption in the crypto ecosystem.

MeterStable works as a low-volatility token within the Meter ecosystem. Here's how it operates: 1. Mining: MTR is generated through SHA256 mining, similar to Bitcoin. On average, 10 kWh of electricity produces one MTR token. 2. Utility: MTR is used to pay for all transaction fees and gas costs within the Meter system. 3. Governance: In the future, MTR holders can participate in on-chain bidding to exchange it for Meter's governance token, MTRG. 4. Supply: There's no pre-mine and no maximum supply limit for MTR. The current circulating supply is 391.72K MTR tokens. 5. Market-driven production: Miners only produce MTR when it's more profitable compared to mining Bitcoin. 6. Price stability: MTR is designed to have low price volatility, currently trading at $0.3990. 7. Interoperability: MTR facilitates cross-chain transactions within the Meter ecosystem, enhancing blockchain interoperability. The MeterStable system aims to provide a stable, energy-efficient cryptocurrency that complements existing blockchain networks while offering unique utility within its ecosystem.

MeterStable utilizes a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. The PoW component uses the SHA-256 algorithm, allowing Bitcoin mining hardware to be repurposed for MTR mining. This creates a low-volatility token backed by electricity costs. The PoS layer enables fast transaction finality and supports smart contracts. MeterStable employs a unique 'HotStuff' consensus algorithm for its PoS chain, allowing for quick block confirmations. The dual-chain architecture consists of: 1. PoW chain: Mines MTR tokens using SHA-256, similar to Bitcoin 2. PoS chain: Handles transactions and smart contracts MTR tokens are used to pay for transaction fees and gas costs within the MeterStable ecosystem. The system is designed to maintain MTR's value close to the cost of producing 10 kWh of electricity. There is no maximum supply cap for MTR. New tokens are minted through mining when profitable compared to Bitcoin. This flexible supply mechanism aims to create a stable store of value backed by energy costs. The MeterStable network also supports interoperability with other blockchains through its built-in bridge infrastructure, allowing for seamless asset transfers across different networks.

The future and roadmap of MeterStable (MTR) look promising. As a low-volatility token in the Meter ecosystem, MTR plays a crucial role in transaction fees and gas payments. Key points in its roadmap include: 1. Continued focus on stability and utility within the Meter network 2. Expansion of use cases, particularly in DeFi and interoperability sectors 3. Potential integration with more platforms to increase adoption 4. Ongoing development of the on-chain bidding mechanism to exchange MTR for MTRG (Meter's governance token) 5. Improvements in mining efficiency and sustainability While MTR's price has seen fluctuations, from a low of $0.1815 to a high of $32.6900, its unique position as a mineable stablecoin offers long-term potential. By 2031, we may see MTR reaching $0.9533 as its utility and adoption grow. The project's commitment to innovation in blockchain interoperability and DeFi solutions could drive significant value by 2036, potentially pushing MTR to --. Remember, MTR's supply is not capped, allowing for organic growth based on demand and mining profitability compared to Bitcoin. This flexibility, combined with its role in the Meter ecosystem, positions MTR for steady development and increased usage in the coming years.

MeterStable is experiencing an upward trend due to increased adoption and positive market sentiment. The recent price surge to $0.3990 reflects growing investor confidence in its utility as a stable cryptocurrency within the Meter ecosystem. With a 24-hour trading volume of $1.05K, MeterStable shows strong market activity and liquidity.

MeterStable is dropping due to market volatility and profit-taking after recent gains. The price decreased +0.25% in the last 24 hours, reaching $0.3850. However, long-term fundamentals remain strong, with potential for recovery as the market stabilizes.

MeterStable has potential for significant growth. Based on market trends and expert predictions, MTR could reach $0.4468 by 2027, $0.6733 by 2026+3, and potentially $0.9533 by 2031. However, cryptocurrency prices are highly volatile and unpredictable.

MeterStable price is expected to rise in 2027. Based on market trends and adoption, analysts predict MeterStable could reach $0.4468 by 2027. However, cryptocurrency markets are highly volatile and unpredictable.

The current price of MeterStable (MTR) is $0.3990. As the #4351 cryptocurrency by market cap, MTR has seen a +0.25% change in the last 24 hours with a trading volume of $1.05K.

The highest price MeterStable (MTR) has ever reached is $32.6900. This all-time high was recorded on April 11, 2021.

The lowest price MeterStable has ever reached is $0.1815. This all-time low occurred on February 3, 2025.

Currently, 1 MTR is worth $0.3990.

MeterStable is valuable due to its role as a stable cryptocurrency in the Meter ecosystem. It serves as the primary medium for transaction fees and gas payments, and can be exchanged for the governance token MTRG. With a current price of $0.3990 and market cap of $156.29K, MeterStable's value is tied to its utility and scarcity within the Meter network.

The total supply of MeterStable (MTR) is 391.72K MTR. This amount is currently in circulation, representing 100% of the maximum supply. MeterStable has no pre-mining and an unlimited total supply, as miners produce MTR tokens only when profitable compared to Bitcoin mining.

Yes, MeterStable mining can be profitable. With the current price of $0.3990 and a 24-hour trading volume of $1.05K, miners can generate revenue by contributing computing power to secure the network. Profitability depends on factors like electricity costs and mining equipment efficiency.

MeterStable was launched on February 1, 2018. The project aims to provide a stable cryptocurrency within the Meter ecosystem, utilizing SHA-256 mining to generate tokens.

Currently, one MTR costs $0.3990.

You can buy MeterStable through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy MTR at $0.3990.

To purchase MTR, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to MTR trading pair, enter purchase amount, and confirm your transaction. Store your MTR in a secure wallet for safekeeping.

Yes, MeterStable is generally considered safe and legitimate. It's a mineable cryptocurrency with SHA-256 algorithm, launched in 2018. MeterStable has a current market cap of $156.29K and is ranked #4351 on CoinMarketCap. Its price stability mechanism and integration with the Meter ecosystem contribute to its credibility in the crypto space.

The current price of 1 MeterStable (MTR) is $0.3990. This represents a +0.25% change in the last 24 hours. The 24-hour trading volume for MTR is $1.05K, with a market cap of $156.29K.

Based on current market trends, MeterStable (MTR) is predicted to reach $0.4468 by 2027, $0.6733 by 2026+3, and potentially $0.9533 by 2031. Long-term forecasts suggest MeterStable could hit -- by 2036, driven by increased adoption and technological advancements in the MeterStable ecosystem.

The current price of 1 MeterStable (MTR) is $0.3990. This value fluctuates based on market conditions. As of 2026-05-08, MTR has a 24-hour trading volume of $1.05K and a market cap of $156.29K.

MeterStable is a low-volatility cryptocurrency mined using SHA256 algorithm. It serves as the gas token for the MeterStable ecosystem, used for transaction fees and can be exchanged for the governance token. MeterStable has no pre-mine, unlimited supply, and is only produced when profitable compared to Bitcoin mining.