Medium (MDM) is a cryptocurrency that has been around since 2018, but confusion surrounds it. Multiple projects use the "Medium" name, and the original MDM token shows signs of extremely low liquidity and minimal trading activity. This guide cuts through the confusion to explain what Medium cryptocurrency actually is, how to evaluate it, the market data you need, and the critical risks you should be aware of before getting involved.
Medium (MDM) is a cryptocurrency that was launched in 2018 and operates on the Ethereum platform. According to its project description, Medium aims to offer a commercialized "hyperspeed" blockchain platform, with its lab developing both software and hardware for blockchain platform core systems.
The project has a total supply of 1,000,000,000 MDM with 0 in circulation, meaning none of the tokens are currently available for trading or holding in the public market. It is currently trading on only 3 active market(s) with extremely low volume — as little as $2.92 traded over 24 hours.
However, it is crucial to understand that multiple unrelated projects use the "Medium" name. This includes an ERC-20 token called "Medium" with a 100 billion supply and only 110 holders, as well as a BSC token called "MEDIUM" with a price of $0.0₁₁1253 and a 12% buy/sell tax[reference:5]. These are entirely separate projects with different risk profiles.
One of the biggest challenges with "Medium cryptocurrency" is that the name is used by multiple, completely unrelated projects. Understanding these distinctions is essential before making any decisions.
This is the original Medium cryptocurrency, launched in 2018 on the Ethereum platform. It has a total supply of 1 billion MDM with 0 in circulation. The project claims to be developing a "hyperspeed" blockchain platform. However, it has minimal trading activity and is not listed on major exchanges.
There is another ERC-20 token simply called "Medium" with a maximum total supply of 100,000,000,000 Medium and only 110 holders. Its on-chain market cap is effectively $0.00. The contract was verified on Etherscan in June 2023 and includes a Twitter handle (@MediumcoinERC20) and Telegram group.
A third project on Binance Smart Chain uses the ticker "MEDIUM" with a price of $0.0₁₁1253, a market cap of approximately $1.25K, and a 12% buy and sell tax[reference:12]. It has around 1.3K holders but extremely low liquidity of only $22.61[reference:13]. The contract is verified but has a modifiable tax and the ownership is not renounced[reference:14].
⚠️ Critical warning: The presence of multiple "Medium" tokens with vastly different supplies, prices, and risk profiles means you must always verify the contract address and project details before any interaction. Mistakenly buying the wrong token could result in total loss of funds.
The market data for Medium (MDM) is sparse and varies significantly across different data providers. The figures below are indicative and may change rapidly. Always verify using reputable sources such as CoinMarketCap, CoinGecko, or exchange data.
~$0.063 USD
Per Coinbase data
$0.00
No circulating supply
1,000,000,000 MDM
0 in circulation
~$2.92
Extremely low liquidity
According to its description, Medium aims to offer a commercialized "hyperspeed" blockchain platform. The project's lab is developing both software and hardware for blockchain platform core systems. This suggests an ambitious goal of building a full-stack blockchain solution.
Medium (MDM) is an ERC-20 token on the Ethereum blockchain. It has a total supply of 1 billion tokens, but 0 tokens are currently in circulation. This means the token is not actively tradable in any meaningful sense.
Medium (MDM) is currently trading on only 3 active market(s) with extremely low volume. It is not tradable on Coinbase and does not appear to be listed on major exchanges like Binance or Kraken. Some sources indicate it is not available for purchase on any cryptocurrency exchange[reference:27].
📌 Reality check: A token with 0 circulating supply and virtually no trading volume is effectively non-functional as a cryptocurrency. There is no active market for MDM, making it impossible to buy, sell, or trade in any practical sense.
Evaluating Medium (MDM) requires a critical approach. Here are the key factors to consider.
The most important red flag for MDM is that 0 tokens are in circulation. A cryptocurrency with no circulating supply cannot be traded, held, or used in any meaningful way. This alone should give any potential investor serious pause.
With 24-hour trading volume as low as $2.92, MDM has effectively no liquidity. Even if you could acquire tokens, there would be no market to sell them. The token is not listed on major exchanges and is not tradable on platforms like Coinbase.
The project was launched in 2018. Ask yourself: What has the team accomplished in the intervening years? Is there evidence of ongoing development, partnerships, or community engagement? The available information suggests minimal activity.
As established, multiple unrelated projects use the "Medium" name. Before engaging with any token,
verify the contract address and project details. The MDM contract address on Ethereum
is 0xd24DFf6117936B6ff97108CF26c1dD8865743d87.
The table below compares the different "Medium" tokens to help you distinguish between them.
| Feature | Medium (MDM) | Medium (ERC-20) | MEDIUM (BSC) | Medium Coin (MCN) |
|---|---|---|---|---|
| Blockchain | Ethereum | Ethereum | Binance Smart Chain | Unknown |
| Launch Year | 2018 | 2023 (contract) | ~2022 (pool age)[reference:35] | Unknown |
| Total Supply | 1,000,000,000 | 100,000,000,000 | Unknown | Unknown |
| Circulating Supply | 0 | 0 (on-chain) | Unknown | Unknown |
| Holders | Unknown | 110 | ~1.3K[reference:41] | Unknown |
| Price (approx.) | $0.063 | $0.00 | $0.0₁₁1253[reference:44] | $0.0₁₄4602[reference:45] |
| Transaction Tax | Unknown | Unknown | 12% buy/sell[reference:46] | Unknown |
| Risk Level | Extremely High | Extremely High | Extremely High | Extremely High |
All "Medium" tokens exhibit red flags including low liquidity, minimal holders, and lack of active trading. Exercise extreme caution with any of them.
Before considering any "Medium" token, work through this checklist:
Investor profile: A retail investor who heard about "Medium cryptocurrency" from an online forum and wants to learn more before investing.
Research process: They search for "Medium cryptocurrency" and find multiple results. They discover MDM with a $0.063 price but also learn that it has 0 circulating supply and only $2.92 in 24-hour trading volume. They also find an ERC-20 token with 100 billion supply and only 110 holders, and a BSC token with a 12% tax.
Decision: The investor realizes that the "Medium" name is attached to multiple, high-risk projects with no active markets. They decide to avoid all of them and instead focus on established cryptocurrencies with transparent teams, active development, and meaningful liquidity.
This is a hypothetical example for educational purposes only. Always conduct your own thorough research before making any investment decisions.
The most significant limitation of Medium (MDM) is that 0 tokens are in circulation. This means there is no active market for the token. You cannot buy it, sell it, or trade it in any practical sense.
With 24-hour trading volume as low as $2.92, MDM has effectively no liquidity. Even if tokens were available, there would be no market to trade them. Any attempt to buy or sell would likely result in significant slippage or complete inability to execute the trade.
The existence of multiple unrelated "Medium" tokens creates significant confusion and risk. Investors may mistakenly buy the wrong token, potentially losing their entire investment.
There is limited publicly available information about the Medium project's team, development progress, or roadmap. The project was launched in 2018, but there is little evidence of ongoing activity or meaningful achievements.
MDM is not tradable on Coinbase and does not appear to be listed on other major exchanges. This lack of accessibility further limits any potential utility or value.
📉 A note on the BSC "MEDIUM" token: This token has a 12% buy and sell tax[reference:51], meaning that 12% of every transaction is taken as a fee. This significantly erodes any potential returns and is a common feature of high-risk or scam tokens.
Medium (MDM) and related "Medium" tokens carry extremely high risks, including:
Never invest more than you can afford to lose. This guide is for educational purposes only and does not constitute financial, legal, or tax advice. Always consult a qualified professional and verify current market conditions using reputable sources.
Answers are for educational purposes and reflect general industry knowledge. Always verify current data and consult professionals for specific advice.