What is Mars Protocol?
Mars Protocol consists of a money market, called Red Bank, and a generalized credit primitive called Rover. Mars Protocol utilizes a so-called hub and outpost topology, whereby its base, Mars Hub acts as a command center for numerous outposts. Each outpost consists of an instance of Red Bank and Rover and the first of many outposts will be the Osmosis chain.
Mars Protocol Price Analysis
As of November 24 2024 Mars Protocol has a marketcap of $14M.
This is {{percentagefromath}} from its all time high of $0.512804.
In terms of its tokenomics, there's a total supply of 700M with 63% currently outstanding.
Keep in mind Mars Protocol has a fully diluted value of $21M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
