MovieBloc (MBL) coin to reach $0.1

MovieBloc is a market leader. MBL is the MovieBloc platform’s native cryptocurrency. This blockchain-based platform is a film and content distributor launched in May 2019 to bring transparency and decentralisation to the film industry.

MovieBloc seeks to bring transparency to transactions through smart contracts.

MBL coin price predictions rely on how well the platform is positioned in the blockchain film market.

MBL saw an impressive spike during March this year, recording a 7-day change of 349.1% on 19th March, increasing the price to $0.021. MovieBlock continued its rally and hit an all-time high of $0.04 on 2 April 2021. Nevertheless, the MBL coin pricenow  has since fallen to $0.0070

MBL coin news and highlight:

  • In August 2020, MovieBloc bought back 322m MBL tokens valued at $755,000. According to their official statement, this was to control the circulating supply of the token.
  • Movie Bloc releases monthly newsletters, wherein people can learn the latest MLB coin news. In the May issue, the platform announced its partnership with Europe-based short film distributor Radiator IP, which added 60 more short films to the platform.
  • Movie Block partnered with Asiana, a Korean airline giant, to co-organise the Asiana International Short Film Festival (AISFF), the country’s largest competitive festival for short films.
  • The reported number of available films on the platform was 318 at the end of May 2021 – an increase of 89 films from the reported 229 in April.

According to A-Quant’s algorithmic models, the MBL coin price will grow by at least 337% over the next five years, or nearly 731% in the best-case scenario.

Leave a comment