Details about Mirrored Facebook cryptocurrency
€8,534 ( 0%)
€1,616
864
864
11.978
Unknown
https://mirror.finance/
@mirror_protocol
62031400x
€612250000
Mirrored Facebook price charts
MFB exchanges
Mirrored Facebook, the crypto
Mirrored Facebook (MFB) is a decentralized finance (DeFi) token that tracks the value of Facebook's stock. It is built on the Terra network and operates similarly to other synthetic assets like stablecoins and exchange-traded funds (ETFs).
The point
The main point of Mirrored Facebook (MFB) is to provide investors with a way to speculate on the value of Facebook's stock without actually buying the stock itself. It allows investors to gain exposure to Facebook's stock price movements through decentralized platforms, which can offer greater transparency and lower fees than traditional stock trading platforms.
The problem
Mirrored Facebook (MFB) tries to solve the problem of barriers to entry in traditional stock trading. Many investors may not have access to traditional trading platforms or may not have the funds to buy large quantities of expensive stocks like Facebook. MFB provides a more accessible and affordable alternative for those who want to invest in Facebook's stock.
Compare MFB and BTC performance
| Timeframe | MFB | BTC |
|---|---|---|
| 1h change | 0 % | 0.176623 % |
| 24h change | 0 % | -3.36052 % |
| 7 day change | 0.1 % | 4.48211 % |
| 14 day change | -39 % | -8.21176 % |
| 30 day change | -96.03 % | -6.5207 % |
| 200 day change | -96.86 % | 128.03 % |
| Year change | -96.38 % | 142.602 % |