What determines the price movement of Matrix Labs (MATRIX)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Matrix Labs. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Matrix Labs, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Matrix Labs. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Matrix Labs on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Matrix Labs. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Matrix Labs and the broader cryptocurrency market.

What is the highest price of Matrix Labs price in history?

Matrix Labs achieved the all-time high of 1.59 in 2021-09-11, and is currently trading at 0.00090184.

What is the lowest price of Matrix Labs price in history?

Matrix Labs reached its all-time low of 0.00038126 on 2025-04-09.

What is the current market cap of Matrix Labs?

The current market cap of Matrix Labs is 30591.133069546697, as 33920798.6666667 MATRIX is trading at the price of 0.00090184.

How many Matrix Labs are there in the market?

There are currently 33920798.6666667 MATRIX circulating in the market. These Matrix Labs can be actively traded or used in the open market.

What is the maximum supply of Matrix Labs?

The maximum supply of MATRIX is 100000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Matrix Labs?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Matrix Labs is 90184.000000000. The FDV is calculated taking the assumption that all supply of Matrix Labs is circulation, multiplied by its current price of 0.00090184.

What is the price prediction of Matrix Labs ?

Using an algorithm to automatically identify historical data trends, this Matrix Labs price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Matrix Labs a good investment?

Matrix Labs offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Matrix Labs and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Matrix Labs.

How to buy Matrix Labs?

You can buy Matrix Labs via Gate by following the steps on how to buy MATRIX once you have funded your account.

Matrix Labs Price

MATRIX

This cryptocurrency is not listed for trading or services on Gate.

Matrix Labs (MATRIX) Price Live Chart

Matrix Labs (MATRIX) Price Today

Matrix Labs (MATRIX) price today is $0.0009018, with a 24-hour trading volume of $25.92 and as such Matrix Labs (MATRIX) has a market cap of $30.59K, giving it a market dominance of 0.0000023%. The Matrix Labs (MATRIX) price moved -0.34% in the last 24 hours.