Metal MTL Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Metal is a relatively large cryptocurrency. Boasting a market capitalization of nearly twenty million US dollars on 1 October 2020, it had captured less than 0.01 percent of the digital currency market.¹^|2 Its ticker symbol is MTL.

In August 2017, the tracking of real-time trading data for Metal began on coinmarketcap.com.

metalpay.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, the average trading volume of Metal during the first trimester of 2019 equated to nearly US$ 4.9 m per day. Over the same time frame in 2018, this figure came to nearly US$ 17.2 m. The trading volume dropped by 71.8 percent accordingly.

For the first trimester of 2019, the average market capitalization equated to over US$ 12.2 m. In the same time frame of 2018, this figure came to just under US$ 99 m. Market capitalization dropped down accordingly by 87.6 percent.

Trading Price

The average trading price during the first trimester of 2019 was nearly US$ 0.32. In the same time frame of 2018, this figure came to just under US$ 5.37. The price dropped accordingly by 94.1 percent.

The all-time high of Metal in 2017

Metal MTL Price analysis generated by coindashboards.com — Price analysis for the most important moments in Metal’s trading history (MTL)

The price of the Metal currency reached a high in September 2017 at over US$ 14.8. The equivalent market capitalization of the token reached over US$ 261 million. This put Metal around certain other digital currencies, such as EOS, MaidSafeCoin, Augur, Ark and Basic Attention Token, among others.

Metals all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 76 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 841 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 82 billion.

Metal (MTL): 0.261 bn US dollars
Bitcoin (BTC): 76 bn US dollars
Apple (AAPL): 841 bn US dollars
VW (VWAGY): 82 bn US dollars
Date: 7 September 2017

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Metal stood at over US$ 0.31 with a market capitalization of nearly US$ 12.8 million. A retracement down to approximately 2.1 percent compared with the highest trading price described above.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The Metal-Token is not a native cryptocurrency and is not created by mining. The maximum supply of tokens is nearly 67 million.

This block explorer can be used to track the current block height and other real-time metrics around all Metal transactions.

To learn more about Metal, download the white paper or find more links to community forums, source code and social media accounts, visit metalpay.com.

Markets

Metal MTL Market analysis generated by coindashboards.com — Markets on which Metal (MTL) can be traded

USD

A large market for buying or selling Metal in USD is Binance. There are additional platforms where you can buy or sell Metal, including Bilaxy, Omgfin and CoinDCX, among others.

BTC

A large market for buying or selling Metal in BTC is Binance. There are additional platforms where you can buy or sell Metal, including Exrates, VCC Exchange and Omgfin, among others.

Social Links

You can get in touch with the Metal team directly by visiting the following social media channels:

^{1. This figure changes to 0.0135 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}