MCOIN ranks #166 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1172: 1006 of the 1171 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1395 non-native assets CoinSpectrum lists above it by market cap, about 72% are tokens, 21% are claims on other assets and 7% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #166 |
| Rank counting claims | #1172 |
| Market capitalisation | $6M |
| Price | $0.0331 |
| Circulating supply | 177,000,000 MCOIN |
| Maximum supply | 500,000,000 MCOIN |
| Consensus family | Other |
| Consensus mechanism | — not yet curated |
| Ledger type | Single-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. MCOIN's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | — | group average, 0 of 2 measured |
| Consensus: leader ladder | — | Consensus not yet reviewed |
| Consensus: family ladder | — | Consensus not yet reviewed |
| Cryptocurrency Standards (Source) | — | group average, 0 of 12 measured |
| Sound Money Properties (6 checks) (Source) | — | 1.9 of 3 points, 3 not yet measured |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 9.1 | fixed maximum supply of 500 million: supply scale 8.2, cap 10 |
| Durability (Sustainability · 1 Store of value) | ✗ | 2 full years since its first recorded price, record not yet reviewed |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | – | |
| Divisibility (Flexibility · 3 Unit of account) | – | |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | – | |
| Scalability (fees, throughput, block time, block space, features) | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 2.5 | a block every 5.01 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | – | not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | – | |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | Not established. |
| Light clients (Payments verified from headers · Whitepaper §8) | – | Not established. |
| Security (miner pay and 7 checks) | — | 0 of 3 points, 6 not yet measured |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | 0 | not mined |
| Own hashrate (Half its algorithm's largest, not merge-mined) | ✗ | not mined |
| Largest pool (Pool or validator under 50%) | – | |
| Largest three (Under 75% together) | – | |
| Clients (More than one maintained) | – | |
| Open source (Node software) | – | |
| Real use (1,000+ transactions a day) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | – | |
| Decentralisation | — | section average, 0 of 8 measured |
| Censorship resistant (Source) | — | Not yet researched |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | — | Consensus not yet reviewed |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Launch not yet researched |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Not yet researched |
| Privacy | — | section average, 0 of 1 measured |
| Privacy (5 checks) | — | 0 of 5 passed, 5 not yet measured |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | – | The chain behind this listing could not be identified, so its rules are unknown. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | – | |
| Network privacy (Origin hidden by default) | – | Not established. |
| Hidden amounts (Amounts confidential) | – | Not established. |
| Hidden parties (Sender and receiver hidden) | – | Not established. |
| Programmability (tokens, contracts, 5 checks) | 7.8 | 7 of 9 points source |
| Token issuance (At protocol level) | 2 | Its own EVM chain (M20, chain ID 323) whose public RPC accepts contract creation from an arbitrary address, so ERC-20 contracts are open to any account; on-chain activity is near zero. |
| Smart contracts (General-purpose) | 2 | Its own EVM chain (M20, chain ID 323), whose public RPC answers at block height about 34.6 million and accepts contract creation from an arbitrary address. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps (With other chains) | ✓ | Solidity HTLCs can be deployed on its EVM. |
| Native exchange (Built into the protocol) | ✗ | No exchange in the protocol. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging documented. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts run by its EVM. |
| Supply & Demand | 5.4 | group average |
| Supply & Demand (Source) | 2.7 | average of 5 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $5,713 traded in 24 hours; #2819 by volume on the exchanges the site reads (scored on the median day of the last 30, $5,569) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0.8 | 0.09% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 1.9 | $5.9M, 1.9 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 8.2 | fixed maximum supply of 500 million |
| Record | 2 | group average, 1 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 2 | 2 full years since 2024-06-09, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | — | Not yet measured: no commit count and no release research |
Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
177,000,000 of a maximum 500,000,000 MCOIN are in circulation — 35.4% of the total that will ever exist.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
MCOIN is #166 among cryptocurrencies and #1172 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1006 places between MCOIN's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).