amm crypto price | BTCC Knowledge

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What is an AMM in crypto?

The primary objective of an AMM in crypto is to offer much-needed liquidity. Think of a farmer who has harvested a bumper crop but has nobody to sell to, or a consumer who wants to buy farm produce but has no direct access to farms! Market makers ensure the smooth buying and selling of cryptocurrencies in DeFi.

What is an automated market maker (AMM)?

Instead of relying on the traditional buyers and sellers in a financial market, AMMs keep the DeFi ecosystem liquid 24/7 via liquidity pools. Automated market makers (AMMs) are part of the decentralized finance (DeFi) ecosystem.

What is micromoney (AMM)?

MicroMoney (AMM) is a cryptocurrency and operates on the Ethereum platform. MicroMoney has a current supply of 17,532,943.47918 with 15,777,256.479179 in circulation. The last known price of MicroMoney is 0.00258262 USD and is up 24.10 over the last 24 hours.

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