Unlike stablecoin assets whose maximum supply adjusts to maintain the $1 peg, the MM token has a fixed hard cap ingrained into its smart contract. This means that it is cryptographically secure and there can be no further coins created. The live Million price what does mm mean today is $2.25 USD with a 24-hour trading volume of $31,362.82 USD. The current CoinMarketCap ranking is #4359, with a live market cap of not available. The Million token is a deflationary asset with a capped supply of one million tokens ever to be created.

Binance is not responsible for the reliability and accuracy of such third-party sites and their https://www.bookstime.com/ contents. The percent change in trading volume for this asset compared to 1 hour ago.

Everything You Need To Master Financial Modeling

That line may be expressed, for instance, as $5MM single and $15MM aggregate. As a young banker in the mid-80s, I learned what had been taught for many decades before, that we abbreviate thousands in our analysis with the letter M. If we wanted to denote millions, we would show that as MM. M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million.

• The millionaire lion-themed website, milliontoken.org, was created using Github pages.
• It appears as the owner’s or shareholders’ equity on the corporate balance sheet’s liability side.
• Each token has a base peg of $1, however, as demand increases so too does the value of each MM Token.
• In the launch video, TechLead breaks down the technicals for how he created the smart contract for Million Token.
• Ethereum has the strongest developer network of all blockchains and is widely regarded as one of the most secure blockchain with smart contracts.
• Million is not a classic meme coin, but it also cannot be called a “normal” cryptocurrency.

Also, TechLead is an active member of the Million Token community helping to spread brand awareness and increase adoption of the currency. TechLead is on Twitter @Techleadhd, however, his main following is on YouTube, @TechLead. The app entrepreneur posts frequent updates across his social platforms about the activities and price action of Million Token.

Million Price Summaries

To take it further; one billion would be shown as $1MMM or one-thousand million. The use of two m’s to denote millions is becoming less common. Frequently, in finance and accounting settings now, an analyst will use k to denote thousands and a capitalized M to denote millions.