What is Empower (MPWR) Crypto Coin? A Real-World Look at Its Use, Value, and Risks
Dec, 6 2024
MPWR Price Impact Calculator
How Liquidity Affects MPWR Price
With only $5.90 daily trading volume on Poloniex (as of latest data), even small trades cause massive price swings. This calculator shows how your trade size impacts the price.
Trade Impact Analysis
Your trade represents 0% of total daily volume.
Current Price Comparison
| Exchange | Price ($) | 24h Change |
|---|---|---|
| Kriptomat | 0.00002839 | -12.3% |
| CoinStats | 0.00001251 | -18.7% |
| CryptoRank | 0.00001250 | -20.1% |
| P2P.Army | 0.000105 | +300.2% |
Empower (MPWR) isn’t another Bitcoin or Ethereum. It doesn’t have millions in daily trading volume, major exchange listings, or a household name. But if you’ve heard about it, you’re probably wondering: Is this just another dead crypto project, or does it actually do something? The answer isn’t simple. Empower (MPWR) is a token built for a very specific niche - ClubRare’s Phygital Metaverse - and its value comes from how it’s used inside that world, not from speculation. But here’s the catch: outside that world, almost nobody is trading it.
What Is Empower (MPWR) Actually For?
Empower (MPWR) is a utility token created by ClubRare, a platform that blends physical collectibles with digital ownership. Think of it like owning a rare sneaker - but you also get a digital version of it in a virtual world where you can show it off, trade it, or use it to unlock real-world perks. MPWR is the currency inside that system.
For creators - artists, designers, or brands selling NFTs on ClubRare - staking MPWR reduces or removes trading fees. It also gives them early access to launch special auctions, apply for grants, or crowdfund new drops. For collectors, MPWR isn’t just money. It’s your ticket to personalize your avatar, join exclusive guilds, and unlock limited physical merchandise tied to digital NFTs. And here’s the twist: every MPWR you spend inside the ClubRare ecosystem gets burned. That means the total supply slowly shrinks over time, which is meant to create scarcity.
ClubRare claims MPWR was “fairly launched” - no private sales, no insider dumps. Instead, users earn MPWR when creators list NFTs or when collectors trade them. It’s designed to reward participation, not just buying.
Where Can You Buy MPWR? (Spoiler: Not on Binance or Coinbase)
If you’re used to buying crypto on big platforms like Binance or Coinbase, you’ll be disappointed. Empower (MPWR) is not listed on Coinbase, and Binance doesn’t carry it either. The only exchange where it’s actively traded is Poloniex, and even there, volume is tiny - around $5.90 in the last 24 hours, according to CoinGecko. Other platforms like Kriptomat let you buy it with euros, but only if you’re okay with minimum orders of €15 and extra blockchain fees.
That’s not a typo. Five dollars and ninety cents. For a token with a max supply of 100 million, that’s almost nothing. Compare that to Bitcoin’s $20 billion daily volume, and you’ll see why most analysts treat MPWR as a micro-cap with almost no liquidity. If you want to sell your MPWR later, finding a buyer might be hard - or impossible.
What’s the Price of MPWR? (And Why It’s So Confusing)
Looking up MPWR’s price feels like checking a broken thermometer. Different sites show wildly different numbers:
- Kriptomat: €0.000028390
- CoinStats: $0.00001251
- CryptoRank: $0.0000125
- P2P.Army: $0.000105
That’s a 700% difference between the lowest and highest price. Why? Because there’s almost no trading. When volume is this low, a single small buy or sell order can spike the price. That’s why you’ll see wild 7-day swings - like a 59% jump reported by CoinStats. That doesn’t mean the project is growing. It means the market is too thin to measure.
Its all-time high was $5.81 in November 2022 - back when the NFT hype was peaking. Today, it’s trading at less than 0.000013 cents. That’s not a crash. It’s a collapse. And the all-time low? Listed as $0 on August 30, 2024 - a date that hasn’t happened yet. That’s a red flag. It suggests data is outdated, unreliable, or just wrong.
Is MPWR Still Active? The Migration and the Silence
ClubRare announced MPWR is migrating to the Ethereum blockchain. That’s a technical update, not a revival. But here’s the problem: no one’s talking about it. There are no Reddit threads. No Twitter buzz. No YouTube explainers. No user reviews on Kriptomat or other platforms. The FAQ on Kriptomat even asks, “How much Empower should I buy?” and answers with, “Explore the website and see how much you’ll need.” That’s not confidence. That’s a shrug.
The lack of community engagement is one of the biggest warning signs. Successful crypto projects have active Discord servers, AMAs, and user stories. MPWR has silence. Even CoinGecko’s analysis reads like a product brochure - it explains what MPWR is supposed to do, but doesn’t say whether anyone actually uses it.
Should You Buy MPWR?
Here’s the honest breakdown:
- If you’re a ClubRare collector or creator - and you already use their platform - then MPWR might be useful. It gives you real discounts, access, and burn mechanics that align with your activity. In that context, it’s a tool, not an investment.
- If you’re looking to invest - skip it. With near-zero trading volume, no major exchange support, and no clear roadmap, this isn’t a crypto you hold hoping it goes up. It’s a gamble on a dying ecosystem.
- If you’re curious - fine. Buy €15 worth on Kriptomat. But treat it like buying a ticket to a concert you’re not sure will happen. Don’t expect to cash out later.
The biggest risk isn’t the price going to zero. It’s that you buy it, then realize you can’t sell it. Or worse - you spend it inside ClubRare’s app, only to find the platform shuts down next year. That’s happened to dozens of NFT projects since 2022. MPWR is one of them.
What’s the Future of MPWR?
Right now, Empower (MPWR) is stuck in limbo. It’s not dead - ClubRare hasn’t shut down. But it’s not alive either. There’s no news, no updates, no growth. The migration to Ethereum might help technically, but without users, it’s just a better version of a ghost town.
There are three possible paths:
- Revival - ClubRare brings in big creators, launches viral drops, and drives real adoption. MPWR’s price and volume surge. But there’s zero sign this is happening.
- Acquisition - A bigger NFT or metaverse platform buys ClubRare and integrates MPWR. Again, no rumors, no leaks.
- Abandonment - The team fades away. The website goes quiet. The token becomes a footnote in crypto history.
Right now, option three looks the most likely.
Empower (MPWR) isn’t a scam. It was built with a real idea - connecting physical collectibles to digital ownership. But ideas don’t matter if no one uses them. And right now, almost no one does.
Is Empower (MPWR) available on Coinbase?
No, Empower (MPWR) is not listed or tradable on Coinbase. Coinbase explicitly states that MPWR is not available for trading on their platform. You can only buy it on smaller exchanges like Poloniex or through platforms like Kriptomat.
What is MPWR used for?
MPWR is the utility token for ClubRare’s Phygital Metaverse. Creators use it to reduce NFT trading fees and access special launches. Collectors use it to buy digital items, personalize avatars, join guilds, and unlock real-world merchandise. Every MPWR spent in the ecosystem is burned, making the supply slowly decrease over time.
Why is MPWR’s price so low and inconsistent?
MPWR has almost no trading volume - sometimes $0. With so few buyers and sellers, even small trades can cause wild price swings. Different exchanges show different prices because there’s no real market consensus. It’s not a reliable asset for trading or investing.
Can I stake MPWR to earn more?
No, you don’t earn MPWR by staking it. Instead, you stake MPWR to unlock benefits like lower fees or early access on ClubRare’s platform. You earn MPWR when creators list NFTs or when collectors trade - it’s distributed as a reward for activity, not as interest.
Is MPWR a good investment?
Not for most people. With near-zero trading volume, no major exchange support, and no signs of growth, MPWR is extremely high-risk. Only consider it if you’re already active on ClubRare and need it to use their platform. Don’t buy it hoping it will go up in value.
Where can I withdraw MPWR to?
You can withdraw MPWR to any Ethereum-compatible wallet, since it’s an ERC-20 token. Platforms like Kriptomat allow you to send it to external addresses or swap it for other cryptocurrencies. But remember - if you send it off ClubRare’s platform, you won’t be able to use it unless you bring it back.