Matryx (MTX) Live Price Chart & History

Price USD -0.37%
$0.250975
Price BTC
0.00003714
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$5.8M
Market Share
Live MTX / USD Price Chart

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Since launching at $0.722637 on 02/01/2018 Matryx has achieved a price of $0.250975, falling -11.95% in the last week alone.

Matryx Price Analysis: Predictions and Forecasts

Why buy Matryx? What is it used for?

Matryx is a platform for decentralized collaboration. Matryx consists of a bounty system, a library of digital assets, and a marketplace. Problems are posted, along with a bounty for a verified solution. Users then collaborate to solve problems, share results, and earn rewards. Rewards are given to all relevant contributors, and all submissions are added to the Matryx library and marketplace for future purchase. This will create an ecosystem of public collaboration and ideas that will drive research and innovation... Innovation is an iterative process; scientists have mastered the art of standing on the shoulders of giants. New discoveries are the result of collaboration between mathematicians, scientists, and researchers alike, each building on thousands of years of established knowledge. In this paper we present Matryx, a platform that enables and incentivizes this type of collaboration. Matryx is composed of a bounty system and a marketplace for digital assets to be bought, sold, and remixed into new assets. Bounties are placed on solutions to specific problems. Submissions to bounty tournaments enter the collection of assets and are available to other users. In this way collaborators are incentivized to build, distribute, and expand upon each other’s work in the pursuit of valuable goals. Matryx reduces friction of collaboration between strangers by providing a common framework and concrete goals. While this paper will focus on its applications within the fields of science, technology, engineering and mathematics, Matryx’s approach to collaboration is applicable in a wide variety of fields.
Matryx was launched in 02/01/2018. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the N/A algorithm. Matryx's goals include Matryx is a platform for decentralized collaboration. Matryx consists of a bounty system, a library of digital assets, and a marketplace. Problems are posted, along with a bounty for a verified solution. Users then collaborate to solve problems, share results, and earn rewards..

Will the price Matryx fall continue to rise?

It's impossible to predict for sure if Matryx is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Matryx has fallen by -11.95%
  • In the past month it has lost -161.62629350894%
  • In total it has fallen in value by $-0.471662 since its inception, a change of 34.73%

Can Matryx reach, replace, pass or overtake bitcoin?

At present Matryx is trading at 0.00003714 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 2,692,514.8%. If we assume Matryx continued to as it has in the last month - with a price change of -161.63% it would take NAN years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of MTX is going to take off and increase in price to a higher level we've done the math for you.
In order for Matryx to reach $0.50 it needs to increase in price by a factor of 1.99x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $1.00 it needs to increase in price by a factor of 3.98x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $5.00 it needs to increase in price by a factor of 19.92x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $10.00 it needs to increase in price by a factor of 39.84x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $15.00 it needs to increase in price by a factor of 59.77x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $25.00 it needs to increase in price by a factor of 99.61x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $50.00 it needs to increase in price by a factor of 199.22x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $100.00 it needs to increase in price by a factor of 398.45x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Matryx to reach $200.00 it needs to increase in price by a factor of 796.89x. Given its present growth rate of -161.63% per month, it could take just nan years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Matryx a good investment? Is it safe to put my money into MTX?

No, it is not a 'good investment' to buy Matryx, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Matryx as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of MTX - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is Matryx? Interest Over Time

Where is Matryx most popular?

Matryx Development + Team

There are @research_team_dev_size developers coding the source behind Matryx There are no sales or marketing staff on the team which could impede the coin's growth.

Matryx doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for Matryx is lead by Steve McCloskey,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

Risk Warning

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