Metaplex
MPLX#1021 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Metaplex is for games. We have not written its record yet, so its promises are not checked. It trades at $0.0324, #974 of all coins by size, 96% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #51 of 138 NFTs. 1 reason to be careful.
Is it real?
Reasons to be careful:Half the supply still to come
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Passes all four
- ✓A real-world jobReal-world purpose: games
- ✓Real backingBacking: backed by Multicoin Capital; trades on Coinbase, Bybit, Upbit
- ✓Something aheadAhead: news this month about upgrade
- ✓Room to growRoom: worth $15.26M, 46 times smaller than Render, the biggest coin within reach doing the same thing (NFT)
Backed by Multicoin Capital
- Origin19 September 2022about about 3 yearsmetaplex.com, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingMulticoin CapitalInvestor tags from CoinGeckoListed on Coinbase, Bybit, Upbit
- Standing on the recordNo recordNo dated promise to judge yet2 headlines last monthNo corrections needed so far
- Real-world purpose: games
- Backing: backed by Multicoin Capital; trades on Coinbase, Bybit, Upbit
- Ahead: news this month about upgrade
- Room: worth $15.26M, 46 times smaller than Render, the biggest coin within reach doing the same thing (NFT)
It is already worth more than the typical coin in NFT ($6.47M). To match the leader, Render ($707.7M), its price would need to rise 4537%, to about $1.50.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 2 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Games
154 coins tagged Gaming (GameFi), worth $3.24B together. #50 of 154 by worth.
NFT: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Metaplex$15.26Mthis coin+0.0%47% outno record
Render$707.7M46.4× bigger, +$692.43M−1.3%, gap −1.381% outnone dated
Artificial Superintelligence Alliance$365.77M24.0× bigger, +$350.5M−5.7%, gap −5.785% out7 of 43 delivered
Ethereum Name Service$237.62M15.6× bigger, +$222.35M−0.7%, gap −0.742% out1 of 5 delivered
FLOKI$233.72M15.3× bigger, +$218.46M−1.4%, gap −1.448% out0 of 2 delivered
AINFT$233.02M15.3× bigger, +$217.76M+0.9%, gap +0.999% outnone dated
Non-Playable Coin$170.12M11.1× bigger, +$154.86M−0.2%, gap −0.2100% outno record
Axie Infinity$161.94M10.6× bigger, +$146.68M−1.1%, gap −1.165% outno record
NFT: this coin next to Render, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Metaplex says
- Metaplex is the leading tokenization platform on Solana, providing everything needed to launch and trade onchain assets.
- Render says
- Render describes itself as a network that connects people who have spare computer graphics-card power with people who need it to render 3D graphics and other digital content.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Metaplex is the leading tokenization platform on Solana, providing everything needed to launch and trade onchain assets.
Problem it says it solves: games. 154 coins are working on it and together they are worth $3,237,140,535. This coin is 0% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
1 reason to be careful
- Half the supply still to come53% of the maximum supply is still to come
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NFT: this coin next to the group's largest, Render.
| Metaplex | Render | |
|---|---|---|
| Years trading | 4 years | 6 years |
| Major exchanges | 3 | 9 |
| Named backers | 1 | 1 |
| Headlines, last month | 2 | 11 |
| Promises delivered | no record | no record |
What it says is different: Metaplex is the leading tokenization platform on Solana, providing everything needed to launch and trade onchain assets.
It is 2.2% the size of Render. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.8968 on 19 September 2022. Today is 4% of that.
47%
of all MPLX that will ever exist is already out in public hands: 470.5M coins.
53% (529.5M coins) is already created but not in public hands, held by the project or locked in escrow. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 470.5M of 1B.
- 529.5Mcoins still to be released, 53% of the maximum. Releases can add selling pressure.
- 2.1×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.8968 on 19 September 2022. That is −96.4% from the top.
- #974by market cap, $15,263,351.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
2 headlines named this coin in the last month.
What they were about
- Upgrade1
- Metaplex Enhances Solana Ecosystem with New Dashboard Launch
- Upbit lists Metaplex and Nexus tokens for trading - Crypto Briefing
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy