Research

FameEX Research focuses on the digital asset market and provides expert-level analysis with objective and fair insights for users globally. With our innovative ideas, we aim to connect everyone in the world.

Mice(MICE)

MICE (Mice) Token Price & Latest Live Chart

2024-01-25 17:36:51

MICE+4.59%
0.00205 USDT

Discover the latest MICE price with FameEX's MICE/USD Price Index and Live Chart. Keep up-to-date with the current market value and 24-hour changes, as well as delve into Mice's price history. Start tracking MICE price today!

Daily historical price (USD)
1 year
3 months
1 months

What is MICE (Mice)?

MICE is an innovative meme coin that has emerged in the cryptocurrency market. It is built on the BRC-20 token standard and operates on a decentralized platform without an owner, aligning closely with Satoshi Nakamoto's vision of consensus, fairness, justice, and community participation. This approach distinctly separates MICE from other meme coins, which often focus on quick financial gains, emphasizing instead community development and shared commitment.


The creative concept for the MICE token is inspired by the prolific breeding nature of real-life mice. This imaginative approach not only lends a fun element to the cryptocurrency but also aligns with the notions of expansion and abundance in the cryptocurrency arena. Comparable to how RATS relates to SHIB and DOGE, MICE stands as one of the first animal-themed meme tokens on the Bitcoin network. Launched in October 2023, MICE quickly attracted a dynamic and engaged community, amassing 7,136 holders in just two months. It achieved a market capitalization of $71 million, with a 24-hour trading volume surpassing $2 million, reflecting active participation and escalating interest.


How does MICE (Mice) work?

The MICE token stands out in the cryptocurrency landscape due to its unconventional approach. Diverging from many crypto projects, MICE eschews traditional elements like a detailed roadmap, whitepaper, or associated taxes. Instead, it relies on the principles of the BRC-20 token standard, introduced on the Bitcoin blockchain through the innovative Bitcoin Ordinals system.


Bitcoin Ordinals have revolutionized the blockchain space by allowing for the ordering, identification, and inscription of digital content on satoshis, the smallest unit of Bitcoin. This development opens up myriad possibilities for developers, enabling them to embed various forms of content such as text, images, audio, video, and even complete video games or code directly onto satoshis. This innovation not only diversifies the potential applications of the Bitcoin blockchain but also enhances the scarcity and uniqueness of tokens adhering to the BRC-20 standard, like MICE. The MICE token's integration with the Bitcoin ordinal system and its commitment to a non-traditional approach make it a standout and potentially valuable asset in the crypto market. This uniqueness is rooted in a philosophy that prioritizes community, fairness, and consensus, setting MICE apart from more conventional digital currencies.


MICE (Mice) market price & tokenomics

The MICE token entered the cryptocurrency arena with an initial market valuation of $10,000,000. Crafted on the BRC-20 standard and anchored in the Ordinals blockchain, MICE is more than a mere digital asset; it's an emblem of entertainment, designed to offer its holders an amusing experience. The uniqueness of MICE lies in its off-chain balance ownership mechanism, facilitated by innovative inscriptions, which adds a novel twist to its operational framework.


The MICE platform has captivated a community of 7,123 wallet addresses, fostering a bustling ecosystem with over 1,073,408 transactions noted up to December 4, 2023. This bustling activity is a testament to the project's commitment to transparency and fairness in token distribution. MICE token boasts a total and maximum supply of 1 trillion MICE tokens. This combination of cultural inspiration, innovative technology, and robust market activity positions MICE as a noteworthy player in the evolving landscape of cryptocurrency. As of now, MICE (Mice) is ranked #2296 by CoinMarketCap with market capitalization of $23.4 million USD. 


Why do you invest in MICE (Mice)?

Investing in the MICE token presents a unique opportunity that stems from its affordability, active community engagement, and active market performance. The token's low trading price makes it an accessible option for those new to the meme coin market or looking to invest small amounts. This affordability factor is a significant draw, especially in a market where entry points for other popular cryptocurrencies can be prohibitively high for casual investors.


Another compelling reason to consider MICE is the strength and activity of its community. An engaged community is a vital component in the cryptocurrency world, often driving the success and longevity of a token. MICE has established a significant presence on social media platforms, indicating a high level of user interest and potential for further growth. This kind of active community support can be a crucial factor in the token's resilience and ability to navigate the highly volatile crypto market. The market performance of MICE has also been notable, particularly in terms of its trading volume. This suggests that the token is not just a passing trend but has garnered genuine interest from investors. Such market activity is a positive indicator of the token's viability and may point to a growing trust and interest in the project. 


However, potential investors should also be aware of the risks:

  • Market Volatility: Being a new entrant in the market and a meme coin, MICE may be subject to significant price fluctuations.

  • Lack of Historical Data: With a recent launch, there's limited historical data to inform investment decisions, increasing the risk.

  • Potential for Manipulation: As with many small-cap tokens, there's a risk of market manipulation by large investors.

  • Uncertainties and Skepticism: The absence of a detailed roadmap, development team transparency, or long operating history may raise concerns about the project's legitimacy and future prospects.


Is MICE (Mice) a good Investment?

The decision to invest in MICE should be made cautiously, taking into account both its unique position in the market and the inherent risks associated with meme coins and new cryptocurrency projects. While MICE offers an interesting proposition with its integration into the BRC-20 standard and the Bitcoin Ordinals system, these factors also contribute to its speculative nature. The innovative approach and community-focused ethos are appealing, but they also deviate from traditional cryptocurrency models, which could either be a strength or a liability.


MICE's performance in the market, particularly in terms of community engagement and trading volume, indicates a positive reception among investors. However, as with any investment, especially in the volatile crypto market, it is crucial to conduct thorough research and consider the potential risks. The lack of a traditional roadmap and detailed project information could be viewed as a lack of transparency, adding to the investment risk. It's advisable to approach MICE as part of a diversified investment portfolio, considering its speculative nature and uncertainties. While MICE presents an intriguing investment opportunity with its unique approach and community-driven ethos, it should be approached with caution and thorough research, given the inherent risks and uncertainties in the cryptocurrency market.


Find out more about MICE (Mice):

Copyright © 2022-2023 FAMEEX.COM All Rights Reserved
FameEX APPMobile trading, anytime, anywhere