Mcoin Chain (MCOIN) — price, funding and open interest
MCOIN/USDT perpetual on BingX: price 0.051670, 24h turnover $113K. Updated in real time.
What this is
Payments and transfersMcoin Chain was conceived as a link between different blockchains for transferring value — an «internet of chains», as it was called in the late 2010s. The idea outlived several names: today the same job is done by interoperability protocols such as Cosmos and LayerZero, and a small network has nothing to compete with them with. What this shows: the coin is about 98% below its November 2023 peak, yet a market cap of around nine million persists, so some turnover remains. It trades here on BingX spot as a single pair.
Chart
Chart built from data of BingX
What the data shows
MCOIN trades at 0.051670. Over 365 days it ranged between 0.023870 and 0.091390; the price now sits in the middle of that range — 42% of the way from the yearly low to the high.
24-hour turnover is $113K — the 96th percentile for the year: noticeably busier than usual.
The instrument lives on a single venue (BingX). Liquidity sits in one book, so slippage here is more noticeable than on coins listed across several exchanges.
The daily range is 7.3% and five-minute NATR is 0.82%. That range is in the 75th percentile for the year — an ordinary day for it.
NATR is 0.38% on the minute and 1.16% on the hour — price grinds: the hourly range is barely wider than the minute one.
MCOIN correlation with Bitcoin over 24 hours is 0.86 — the coin closely follows the market.
Over the day +2.44%, over the hour -1.60%, over the last five minutes -0.04% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1362 of 1904 instruments in the screener.
By daily range it ranks 680 of 1904.
Built from current numbers and the coin's own year of history. Updates with the data.
How MCOIN behaved before
Tracked since October 2024 — 22 full months, and falling ones prevail: 15 of 22. Median month -11.3%.
Best month — December 2024: +56.2%. Worst — January 2025: -42.3%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now MCOIN is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — payments and transfers. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.