Why do people abbreviate “million” as “mm”? : answersnickudoll infantclothing
This helps increase access to MM tokens being able to sell only partial amounts of a full MM token. Further, such divisibility makes smaller value transactions easier as the value of one MM token increases. Visit our currency converter page to convert MM prices to currencies other than USD. Popularity is based on the relative market cap of assets. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control.
$40 million in EBITDA (which represents a 40% EBITDA margin on $100 million in revenue) multiplied what does mm mean by 5. The Million Token community is active across various social media platforms.
The EU recently introduced a detailed bill for cryptocurrencies. EU’s crypto bill of 2022 aims to regulate most aspects of the crypto market with a special focus on cryptocurrency categories, stablecoins, and money laundering. The percent change in trading volume for this asset compared to 24 hours ago. It has a circulating supply of 1 Million MM coins and a total supply of 1 Million. If you are looking to buy or sell Million, Quickswap is currently the most active exchange. As we mix our traditions, it sometimes becomes difficult to know what someone intends to convey expressing thousands or millions in an abbreviation.
Why do people abbreviate “million” as “mm”?
Needs to review the security of your connection before proceeding. Therefore, discretion must be applied within every situation to accurately implement the acceptable abbreviation or comprehend the abbreviation you are reviewing. We often find the abbreviation on financial statements, which stands for millions. Unfortunately, this practice can occasionally cause confusion within the financial industry as multiple numerical abbreviations are used interchangeably within society. Earnings Per ShareEarnings Per Share is a key financial metric that investors use to assess a company’s performance and profitability before investing. It is calculated by dividing total earnings or total net income by the total number of outstanding shares. The higher the earnings per share , the more profitable the company is.
It also promised non-fungible tokens collaborations with digital artists. Million wants to list on more exchanges in the coming months and win over celebrity influencers to promote the token. If it reaches a market cap of $1 billion, a “jacuzzi bar super party” will be held. Million is a decentralized digital currency with a fixed supply of 1,000,000 tokens. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
Million Token adds liquidity farming ($MM-$USDC) staking rewards x Unicrypt Network
While its founder TechLead prefers to call it a social experiment and an opportunity, others have opined it to be a scam. The fact that TechLead has a massive following of people initially pushed the price of Million up significantly. This was helped by making headlines in crypto news outlets and discussions on Twitter. Million has been launched with a fixed limited supply of one million tokens. According to its founder, it is pegged to USDC in the sense that it can never be worth less than 1 USDC.
- Moreover, we’ll discuss the Million token tokenomics and the value potential of this novel scarce asset.
- Popularity is based on the relative market cap of assets.
- Agents will also commonly see us communicate M as thousands when we quote surety rates or agent commissions.
- Rejected by the Bitcoin core development team, Buterin launched the Ethereum Network in 2015.
- However, theoretically, through market dynamics and tokenomics, one MM token has the potential to be worth more due to the supply and demand and scarcity of the token.
- The EU recently introduced a detailed bill for cryptocurrencies.
This takes practice, so be sure to practice at least one more paper LBO before your next private equity interview. Digitalcoinprice.com needs to review the security of your connection before proceeding.
Abbreviation for Million and Thousand: K & MM Meaning
Although the Million token has solid fundamentals and value propositions, this doesn’t necessarily mean it’s making every investor or trader a crypto millionaire. The MM token is available to buy on the popular Ethereum-based decentralized exchange , Uniswap. There are currently two trading pairs available https://www.bookstime.com/ directly on the platform. In the future, MM tokens may become available across other crypto exchanges. In the launch video, TechLead breaks down the technicals for how he created the smart contract for Million Token. TechLead used a framework available through Open Zepplin for writing smart contracts.
TechLead designed the project to be as decentralized as possible. The Million token can be used and bought with up to 18 decimal places.