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CyberMiles Fundamental Analysis
CyberMiles token is the native currency on the eponymous platform designed to improve the efficiency of online commerce transactions. Built on the Ethereum blockchain, it is also compatible with smart contracts and dApps. CyberMiles’ goal is to create a smart contract protocol and library for the development of e-commerce. The developers also intend to make CyberMiles the leader in its field. Compared to its better-known competitor, CyberMiles offers lower fees and higher network bandwidth. CyberMiles runs a DPoS protocol, where one can stake their CMTs to participate in the network’s governance. In exchange, one can receive CMTs minted through systematic inflation and transaction fees in every new block created. CyberMiles’s developers are notoriously known for their preceding successful project 5miles, one of the most popular e-commerce companies in the United States. There’s also backward compatibility planned between the two projects, so CyberMiles can receive a robust client base of over 12 million people. This should provide strong support and demand for the CyberMiles token.
CyberMiles Live Price Chart
CyberMiles Technical Analysis
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