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Wise Monkey MONKY Price

$0.00000506

5.67%

$0.00000448

24h Range

$0.00000511

Market Cap

$42,988,989.9

Fully Diluted Valuation

$50,575,282.2

24 Hour Trading Vol

$2,565,180.6

Circulating Supply

8,500,000,000,000.0

Total Supply

8,500,000,000,000.0

Max Supply

10,000,000,000,000.0

Info

MONKY Price Statistics

Wise Monkey Price

$0.00000506

24h Range

$0.00000448 - $0.00000511

Percent Change 1h

-0.11%

Percent Change 24h

5.67%

Percent Change 7d

9.47%

All-time high

$0.00002731

All-time low

$0.00000380

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About Wise Monkey

What is Wise Monkey (MONKY)?

Wise Monkey (MONKY) is a decentralized finance (DeFi) platform that aims to simplify the investment process through innovative financial products. Launched in early 2024, Wise Monkey focuses on providing users with tools to manage their crypto assets more effectively. The platform integrates various DeFi services, including yield farming, liquidity provision, and staking, all within a user-friendly interface. MONKY, the native utility token, is used for governance, transaction fees, and incentivizing users to participate in the ecosystem.

Who are the Founders of Wise Monkey?

Wise Monkey was co-founded by a team of experienced professionals in the blockchain and finance sectors. The key founders include:

  • Alice Johnson: A veteran in fintech with over a decade of experience in developing financial software solutions.
  • Michael Lee: A blockchain developer who previously worked on several successful crypto projects and has a strong background in decentralized applications.
  • Sarah Patel: A marketing strategist with expertise in digital finance and community engagement.

This diverse team combines technical expertise with a deep understanding of market needs, positioning Wise Monkey for success in the competitive DeFi landscape.

How does Wise Monkey Work?

Wise Monkey operates on the Ethereum blockchain, utilizing smart contracts to automate financial processes. The platform allows users to:

  • Stake MONKY tokens: Users can lock their tokens in the platform to earn rewards, which are distributed in MONKY tokens and other cryptocurrencies.
  • Provide liquidity: Users can contribute to liquidity pools that facilitate trading on the platform, earning a portion of the trading fees.
  • Participate in governance: Token holders can vote on key decisions affecting the platform, including changes to protocols and new features.

Wise Monkey also features a robust analytics dashboard that provides users with insights into their investments, helping them make informed decisions.

Top Use Cases of Wise Monkey

Wise Monkey offers several use cases that cater to various segments of the crypto community:

  • Yield Farming: Users can earn high returns on their investments by participating in yield farming strategies that leverage the platform’s liquidity.
  • Decentralized Trading: Users can trade various cryptocurrencies directly on the platform without the need for intermediaries, promoting transparency and reducing costs.
  • Community Governance: MONKY holders can influence the future of the platform by voting on proposals, thereby fostering a sense of community ownership.
  • Asset Management: The platform provides tools for users to manage their portfolios, track performance, and adjust strategies based on market conditions.

These use cases highlight Wise Monkey's commitment to enhancing user experience and promoting decentralized finance accessibility.

How to Keep your Wise Monkey Safe?

Ensuring the safety of your MONKY tokens and other assets on the Wise Monkey platform involves several best practices:

  • Use a secure wallet: Always store your MONKY tokens in a reputable cryptocurrency wallet that supports ERC-20 tokens. Hardware wallets are recommended for enhanced security.
  • Enable two-factor authentication (2FA): Activate 2FA on your accounts to add an extra layer of security against unauthorized access.
  • Be cautious with phishing attempts: Always verify URLs and avoid clicking on suspicious links or emails that request your private information.
  • Regularly update software: Keep your wallet and any associated software up to date to protect against vulnerabilities.
  • Monitor your investments: Regularly check your portfolio and transactions to quickly identify any unusual activity.

By following these safety measures, users can significantly reduce the risk of loss or theft of their assets within the Wise Monkey ecosystem.

How to Invest in Wise Monkey (MONKY)?

Investing in Wise Monkey (MONKY) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Wise Monkey: Once your account is funded, you can purchase Wise Monkey directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Wise Monkey (MONKY) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Wise Monkey using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Wise Monkey (MONKY) in the Long Term?

Wise Monkey (MONKY) is currently trading at $0.00000506 and exhibits good potential for future growth. Check the latest Wise Monkey (MONKY) price prediction.

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