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About MEG

Magic Elpis Gem (MEG) is a cryptocurrency launched in 2022. MEG has a current supply of 1.57M with 0 in circulation. The last known price of MEG is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://elpis.game/.

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MEG Price Statistics
MEG’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4116
MEG Market Cap
Market Cap
$0
Fully Diluted Market Cap
$821.06
MEG Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MEG Supply
Circulating Supply
0
Total Supply
1.57M
Max Supply
0
Updated Dec 12, 2023 2:21 am
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MEG
Magic Elpis Gem
$0
$0(-0.00%)
Mkt Cap $0
1 Hour
1 Day
Past 1W
Past 1M
Past 1Y
There's nothing here for now
Coinbase team is building an SDK that will enable bot/AI agents to stake, predict market bets, and more
Coinbase team is building an SDK that will enable bot/AI agents to stake, predict market bets, and more
Coinbase senior software engineer yuga.eth wrote on X: "We are building an SDK that gives bots/AI agents the following capabilities: -Send USDC for free; -Trade cryptocurrencies; -Bet on prediction markets; -Pledge ETH, SOL, etc.; -Convert between fiat and cryptocurrencies; -Deploy/create NFTs; -Bridge across L2. If you are interested in this, please contact me."
Sep 01, 2024 12:39 pm
Paidun: More than $300 million was stolen in the crypto space in August, with 93.5% of the losses caused by phishing
Paidun: More than $300 million was stolen in the crypto space in August, with 93.5% of the losses caused by phishing
According to Paidun monitoring, more than 10 hacking attacks occurred in the crypto space in August 2024, resulting in losses of approximately $313.86 million. The two largest hacking attacks both involved unauthorized transfers (phishing), accounting for 93.5% of the total stolen funds, totaling $293.4 million. Top five hacking incidents in August: Phishing: $238 million (BTC); Phishing: $55.4 million (DAI); Ronin: $12 million (recovered); Unauthorized transfers: $5.1 million; Nexera: $1.83 million.
Sep 01, 2024 12:34 pm
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm
Bitcoin Volatility Index Hits Lowest Since July
Bitcoin Volatility Index Hits Lowest Since July
According to BlockBeats, the BitVol (Bitcoin Volatility) Index, launched by financial index company T3 Index in collaboration with options trading platform LedgerX, dropped to 53.61 on September 1. This marks the lowest level since July 2, with a single-day decrease of 2.79%. The BitVol Index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility refers to the volatility implied by actual options prices. It is calculated using the Black-Scholes options pricing formula, where the actual options price and other parameters, except for volatility (σ), are input into the formula to derive the implied volatility. The actual price of options is determined by the competition among numerous options traders. Therefore, implied volatility represents the market participants' views and expectations for the future, making it the closest approximation to the real-time volatility at that moment.
Sep 01, 2024 12:23 pm
Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
Two most common methods used by bad actors to trick individuals are pig butchering and deepfakes. source: https://cryptopotato.com/aussies-lose-122-million-to-crypto-scams-with-younger-victims-now-leading/
Sep 01, 2024 12:19 pm
$1.24m #ETH shorted at $2481.00 (USDT) on Binance USDⓈ-M. #ETH $ETH #crypto #whale #alert #coinscreener For real-time Whale insights
$1.24m #ETH shorted at $2481.00 (USDT) on Binance USDⓈ-M. #ETH $ETH #crypto #whale #alert #coinscreener For real-time Whale insights
null source: https://x.com/coinscreener_ai/status/1830098086074491105
Sep 01, 2024 12:19 pm
Ton Ecosystem Faces Setbacks Amid Adverse Events
Ton Ecosystem Faces Setbacks Amid Adverse Events
According to Odaily, the past week has been challenging for The Open Network (TON) ecosystem due to a series of adverse events. The turmoil began with the arrest of Telegram founder Pavel Durov, which was followed by two block production interruptions on the blockchain network caused by excessive load. Additionally, from June 23, 2024, to August 30, 2024, the total market value of the top ten tokens in the TON ecosystem decreased from $20.51 billion to $15.38 billion. During this period, the market value of Toncoin (TON) dropped from $18.71 billion to $13.57 billion, while Notcoin (NOT) saw a significant decline from $1.5 billion to $849 million.
Sep 01, 2024 12:13 pm
The market value of the top ten TON ecosystem tokens has shrunk by $5.13 billion in the past 70 days
The market value of the top ten TON ecosystem tokens has shrunk by $5.13 billion in the past 70 days
Over the past week, The Open Network (TON) ecosystem has suffered a series of setbacks due to a series of unfavorable news. The turmoil began with the arrest of Telegram founder Pavel Durov, and then the blockchain network was interrupted twice due to excessive load. In addition, from June 23, 2024 to August 30, 2024, the total market value of the top ten tokens in the TON ecosystem shrank from US$20.51 billion to US$15.38 billion, a decrease. During this period, the market value of Toncoin (TON) fell from US$18.71 billion to US$13.57 billion; Notcoin (NOT) also fell sharply, from US$1.5 billion to US$849 million. (Bitcoin.com)
Sep 01, 2024 12:08 pm
장기 비트코인 ​​보유자들은 8월에 260,000 BTC 이상 보유를 늘렸다
장기 비트코인 ​​보유자들은 8월에 260,000 BTC 이상 보유를 늘렸다
비트코인 ​​장기 보유자들은 8월에 보유량이 262,000 BTC 증가하여 총 보유량이 1,482만 BTC에 달해 전체 공급량의 75%를 차지했다. 상위 10개 익명 BTC 지갑 중 7개 지갑은 2년 이상 비활성 상태였으며, 237,816 BTC(140억 4천만 달러 상당)를 보유하여 순환 공급량의 1.2%를 차지한다. 지난 7일 동안 바이낸스의 비트코인 잔액이 43,000개 이상 감소 비트코인 9월 실적은 지난 10년 중 3년 ... source: https://coincode.kr/24621
Sep 01, 2024 12:07 pm
Cryptocurrency Fear And Greed Index Remains In Fear State
Cryptocurrency Fear And Greed Index Remains In Fear State
According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index stands at 26 today. This is a slight decrease from yesterday's index of 29, which was also categorized as a 'Fear' state. The index continues to reflect a sentiment of fear within the cryptocurrency market.
Sep 01, 2024 12:03 pm
Bitcoin must hit ‘higher highs’ to confirm uptrend
Bitcoin must hit ‘higher highs’ to confirm uptrend
One cryptocurrency analyst says Bitcoin must avoid falling below $56,000 if it is to maintain its long-term uptrend.
JinseFinance
JinseFinance
Sep 01, 2024 11:09 am
Research on macro data and on-chain data: recession or peak and fall
Research on macro data and on-chain data: recession or peak and fall
In this section, we will introduce some macro-environment related data and what it means to the market.
JinseFinance
JinseFinance
Sep 01, 2024 11:06 am
Trump "makes trouble" again and reiterates that he is the crypto president
Trump "makes trouble" again and reiterates that he is the crypto president
Less than a month after his Bitcoin sneakers sold out, Trump has begun selling his fourth series of NFTs.
JinseFinance
JinseFinance
Sep 01, 2024 10:41 am
32 projects raised $200 million, Bridge raised $80 million
32 projects raised $200 million, Bridge raised $80 million
This week, 26 blockchain startups raised a total of $182.5 million in funding. Ten projects received pre-seed and seed rounds, and 15 projects received other rounds of funding.
JinseFinance
JinseFinance
Sep 01, 2024 9:56 am
The potential of parallel EVM - an overview of Artela developers’ creative BUIDLs
The potential of parallel EVM - an overview of Artela developers’ creative BUIDLs
This article will analyze the Artela ecosystem, which has been very popular among developers recently, and explore the potential applications of its EVM++ technology.
JinseFinance
JinseFinance
Aug 31, 2024 6:15 pm
Major holders ready to liquidate? Bitcoin faces potential selling pressure
Major holders ready to liquidate? Bitcoin faces potential selling pressure
Comments from prominent market players suggest that the upcoming distribution of funds from the Mt. Gox bankruptcy could have a significant impact on Bitcoin’s price dynamics, leading to increased selling pressure.
JinseFinance
JinseFinance
Aug 31, 2024 5:28 pm
PYUSD market value exceeds 1 billion US dollars: will it detonate the crypto market?
PYUSD market value exceeds 1 billion US dollars: will it detonate the crypto market?
Just as Paypal brought payments to the Internet before, now Paypal wants to bring payments to the chain.
JinseFinance
JinseFinance
Aug 31, 2024 5:24 pm
TON founder: The ups and downs of Pavel Durov’s life
TON founder: The ups and downs of Pavel Durov’s life
If TON can effectively manage the current crisis and turn it into momentum to boost the project, this incident could become a turning point for TON towards wider adoption.
JinseFinance
JinseFinance
Aug 31, 2024 5:20 pm
BTC price affected by ETF funding volume Ethereum Foundation releases Q2 funding list
BTC price affected by ETF funding volume Ethereum Foundation releases Q2 funding list
Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.
JinseFinance
JinseFinance
Aug 31, 2024 5:14 pm
OKX Ventures: A detailed explanation of the six core asset markets in the RWA track
OKX Ventures: A detailed explanation of the six core asset markets in the RWA track
In July this year, CoinGecko pointed out in its second quarter 2024 crypto industry report that Meme Coin, Artificial Intelligence and RWA became the most popular categories, accounting for 77.5% of network traffic.
JinseFinance
JinseFinance
Aug 31, 2024 3:25 pm

Frequently Asked Questions

  • What Is Magic Elpis Gem (MEG)?

    MEG is the utility token of Elpis Battle (EBA), a tactical turn-based RPG on the BNB Chain. The main goal of players in Elpis Battle is using NFT Heroes to conquer different level in game, then earn MEGs and other attractive rewards.

    MEG can be minted only by Elpis Battle players, and is used for most in-game features such as Recruit - create new NFT Hero from existing NFT Hero, Awaken - Increase strength statistics and expand level limit for NFT Hero, Craft - create new NFT Equipment.

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  • How Many MEG Tokens Are There in Circulation?

    Elpis Battle launched its main-net on Feb 28, 2022 with zero MEG tokens created at genesis. Only Elpis Battle game players - who own the Elpis Hero Metaverse NFTs can mint additional MEGs to use for in-game features. 90% MEG use in function

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  • Who Are the Founders of MEG ?

    MEG was created by the same team who developed the Elpis Battle (EBA) project. Elpis Battle is developed by ZEGO Studio team members and backed by VCC Holding.

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  • What Makes MEG Unique?

    The purpose of MEG is a medium of exchange of in-game economy. MEG should be stabilized in terms of price and ensure its decentralized nature, even when there is no organization to regulate. To work towards this goal, MEG propose a mechanism called Elastic Emission to stabilize the price.

    If the total amount of MEG earned is 5% less than the total amount of MEG burned in an epoch, the next Epoch is Expansion. If the total amount of MEG earned is 5% more than total MEG burned in an epoch, the next Epoch is Contraction.

    The system is well-balanced when the reward coefficient is unchanged.

    Epoch Expansion: All in-game MEG rewards is multiplied by 115% Epoch Contraction: All in-game MEG rewards is multiplied by 85%

    This stabilisation mechanism and supply-demand adaptation help stabilize the price of MEG. Therefore, the new players can easily participate in Elpis Battle without a high cost-barrier.

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  • What is the all-time high price of Magic Elpis Gem (MEG)?

    The all-time high of MEG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Magic Elpis Gem (MEG) is 0. The current price of MEG is down 0% from its all-time high.

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  • How much Magic Elpis Gem (MEG) is there in circulation?

    As of , there is currently 0 MEG in circulation. MEG has a maximum supply of 0.

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  • What is the market cap of Magic Elpis Gem (MEG)?

    The current market cap of MEG is 0. It is calculated by multiplying the current supply of MEG by its real-time market price of 0.

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  • What is the all-time low price of Magic Elpis Gem (MEG)?

    The all-time low of MEG was 0 , from which the coin is now up 0%. The all-time low price of Magic Elpis Gem (MEG) is 0. The current price of MEG is up 0% from its all-time low.

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  • Is Magic Elpis Gem (MEG) a good investment?

    Magic Elpis Gem (MEG) has a market capitalization of $0 and is ranked #4116 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Magic Elpis Gem (MEG) price trends and patterns to find the best time to purchase MEG.

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