RATE Group | Cryptocurrency TMTG Aims to Rank in Top 5 in Market Value
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Cryptocurrency TMTG Aims to Rank in Top 5 in Market Value

06 Aug Cryptocurrency TMTG Aims to Rank in Top 5 in Market Value

Posted at 08:28h in Cryptocurrency News by

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TMTG has been developed to run on the developer’s platform, Digital Gold Exchange, from which the TMTG can be used to buy digital gold MDG. MDG can be exchanged with actual gold bar starting from 10g. This has garnered much attention even before the listing.

On the day before the listing, a DGE official said its aim is to “rank as one of Top 5 cryptocurrency in market value.”

The market response was that “while TMTG carries positive values, the current regulation and the public view on cryptocurrencies are not favorable. In order to rank in the top 5, TMTG’s market value has to be evaluated at over US$25 billion, so it remains to be seen how this will take place.” According to Coin Market Cap, Bitcoin currently ranks as No. 1 in market value at US$131,949,051,438 and ATMCoin as No. 5 at US$22,596,245,337.

DGE is in the process of finalizing integrated platform and cryptogames development, as well as gold supply agreement with overseas gold exchanges.

CEO Kwag said, “We…

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