Mithril (MITH) is definitely not the type of altcoin that occupies the imagination of retail traders. It sits at the wrong side of global cryptocurrency ranking - 531st position - and has a very modest market capitalization of $9 million that has been floating up and down along with the price action. Nevertheless, the average daily trading volume that fluctuates between $2 million and $10 million - and also the fact that the coin is listed on such well-regarded exchange platforms as Binance and OKEx - suggest that token has its share of traders engaged in this market, which calls for the MITH price prediction.
MITH is red across the board
On the fundamental side of things, Mithril represents the blockchain-enabled social media platform that rewards users in MITH for their contribution of engaging content, the idea that has also been realized by the projects like Steem that owns the once-popular Steemit platform. Mithril’s supplemental product comes in the form of the proprietary digital wallet that allows for storing, staking, and swapping cryptocurrencies.