Where to Buy EMAX Crypto? Price Prediction 2021

One tiny cryptocurrency that skyrocketed last week, by more than 10,000 percent, is EthereumMax (EMAX). The obscure altcoin surged due to its connection to the upcoming boxing match between Floyd Mayweather and popular YouTuber Logan Paul. For the first time in boxing history, viewers can choose to buy official tickets with EthereumMax instead of paying with U.S. dollars.

With that being said, is there more to this obscure altcoin than meets the eye? Will other boxing matches starting accepting EthereumMax as currency? Here’s what you need to know about this crypto, and how high its price could go in 2021.

What is EthereumMax?

Like most other ERC-20 tokens, EthereumMax is built off the Ethereum network. Similar to some other altcoins that emerged recently, EthereumMax features an automatic 2 percent distribution tax every time the token is bought or sold. That means that simply by holding EMAX tokens, you can grow your stake over time. Hoge and SafeMoon have a similar feature, though unlike EMAS, they also have a deflationary tokenomic model.

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Source: EthereumMax Twitter

EthereumMax combines the best of both worlds. On the one hand, you get the same functionality as Ethereum. On the other, you can earn crypto apssivle. Although it’s a decent idea, it’s questionable whether this one major change—the 2 percent distribution—is enough to attract people from regular Ethereum.

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Source: EthereumMax

A key difference between EthereumMax and other tokens is that EMAX is already being used as currency, specifically the Floyd Mayweather–Logan Paul fight that’s coming up this month. Instead of paying in fiat currency, you can pay EMAX to view the Jun. 6 fight. Considering the pay-per-view event costs $50 USD, at EMAX’s current price of $0.0000005, that’s around 100 million EMAX tokens. At the moment, there’s no indication that EMAX could be used for future boxing events, although it’s possible.

See also  https://marketrealist.com/p/graph-crypto-2025-prediction/

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