MATES is rapidly gaining attention as a unique project within the rapidly evolving cryptocurrency landscape. By fostering community-driven initiatives, it aims to create an engaging ecosystem that empowers users and encourages participation. As the platform expands its offerings, MATES is poised to redefine how individuals interact with digital assets.
The cryptocurrency market is crowded, with thousands of coins vying for attention and investment. Among them is MATES, a coin that has generated interest due to its unique proposition and recent market performance. In this article, we will explore MATES in detail, discussing its history, current performance, advantages, disadvantages, and future prospects.
MATES, symbolized as "mates," is currently priced at approximately $0.00984. Over the last 24 hours, it witnessed substantial volatility, reaching a high of $0.01157 and dipping to a low of $0.00494. This fluctuation reflects a notable price change of about 99.4% within the same period, signaling a market responsive to current events or trading volume shifts.
The coin's all-time high (ATH) was recorded at $0.01157, just recently on January 15, 2025, with a minor decline of about 16.2% from this peak. Its all-time low (ATL) indicates significant growth potential, having touched $0.00494 earlier on the same day. These price movements suggest that MATES is in a volatile stage, typical for many emerging cryptocurrencies.
MATES currently holds a market cap of approximately $189.45 million, with a circulating supply of about 19.5 billion coins. The total supply aligns closely with the circulating supply, indicating a controlled issuance strategy. With a trading volume of around $23 million within the last day, MATES demonstrates a healthy level of engagement in the market.
One of the primary advantages of MATES is its unique value proposition within its ecosystem. The project appears to be focused on community engagement and utilities that go beyond typical transactional use. This focus on fostering a community could drive user adoption and loyalty.
Moreover, with a relatively low current price per coin, it may attract new investors looking for low-entry opportunities. Its price volatility also offers potential traders opportunities to realize short-term gains.
However, there are several drawbacks to consider when evaluating MATES. Its high volatility can be a double-edged sword, exposing investors to substantial risks. Potential investors should be wary of the inherent risks associated with investing in cryptocurrencies, especially those that exhibit wild price swings.
Additionally, while the project's transparency, as seen through its whitepaper and active website, is a plus, the long-term sustainability and real-world applicability of the coin’s utility still remain to be proven. Investors should conduct thorough research before committing significant funds.
The future prospects for MATES will largely depend on several factors, including market adoption, technological advancements, and overall cryptocurrency market trends. As blockchain technology continues to evolve, MATES could potentially carve out a niche within its targeted community. However, competition remains fierce, and the coin must offer compelling use cases beyond speculation to secure its place in the market.
In conclusion, while MATES boasts a potential for growth and community involvement, it is imperative for investors to remain cautious and informed. Continuous monitoring of market conditions, community developments, and technological innovations will be key to understanding MATES' trajectory in the coming years.
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General Information |
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Title
MATES
|
Symbol
mates
|
Whitepaper
|
Website
|
Community
-
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Last Updated
2025-01-16 00:00
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Price Data |
Current Price $
0.00984231
$
|
High 24h
0.01157395
$
|
Low 24h
0.00493589
$
|
Price Change 24h
0.00490642
$
|
Price Change % 24h
99.40283
%
|
Market Data |
Market Cap
189446999
|
Total Volume
23082710
|
Market Cap Change 24h
189446999
|
Market Cap Change % 24h
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
19499999913.415
|
Total Supply
19499999913.415
|
Max Supply
19500000000
|
Historical Data |
All Time High (ATH)
0.01157395
|
ATH Change %
-16.19943
%
|
ATH Date
2025-01-15 20:26
|
All Time Low (ATL)
0.00493589
|
ATL Change %
96.50024
%
|
ATL Date
2025-01-15 01:02
|