MBG (MultiBank Group) has pumped 2.32% in 24 hours.

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, MBG (MultiBank Group) is currently priced at $2.21, with a rise of 2.32% in the last 24 hours, reaching a high of $2.21 and a low of $1.66, with a 24-hour volume of $102 million. The current market capitalization is approximately $194 million, an increase of $4.39 million compared to yesterday.

MBG is a utility token of the MultiBank Group ecosystem, supported by $29 billion in assets. MultiBank Group is a global financial institution with a daily trading volume of $35 billion, serving over 2 million clients and holding 17 regulatory licenses across 5 continents. The MBG token will be used for the MEX exchange, the MultiBank io cryptocurrency trading platform, and a $10 billion real estate asset tokenization project.

Important news about MBG recently:

1️⃣ Successfully completed the Token Generation Event (TGE)

The MBG token of MultiBank Group has officially been listed for trading on multiple platforms, including Gate, MEXC, Uniswap, and MultiBank io. This marks the official entry of the MBG token into the public market, providing important support for its liquidity and value.

2️⃣ Strong performance in the pre-sale phase

The presale phase of the MBG token has achieved significant success, with a presale quota of only 7 million tokens sold out in less than an hour. This high demand reflects investors' strong confidence in MultiBank Group and its token project.

3️⃣ Physical asset support has attracted attention

The uniqueness of the MBG token lies in its backing by real assets, including the $29 billion assets of MultiBank Group and a $10 billion tokenized real estate asset project. This close connection to the real economy provides MBG with a more solid value foundation compared to other purely digital assets.

From a technical perspective, the price of MBG has shown a rise trend recently, with a 24-hour rise of over 2%, indicating positive market sentiment. However, investors still need to closely monitor the overall trends of the global cryptocurrency market, as well as the subsequent business developments and token application implementations of MultiBank Group.

This message is not intended as investment advice, and investors should be aware of market volatility risks.