Metars Genesis Information

Metars Genesis is an innovative cryptocurrency designed to enhance digital asset interoperability within decentralized ecosystems. By prioritizing user experience and scalability, it aims to bridge the gap between various blockchain networks, fostering greater collaboration and efficiency. As the demand for versatile digital currencies continues to rise, Metars Genesis positions itself as a promising player in the evolving crypto landscape.

Metars Genesis

$3.18

  • Current Price $ : 3.18 $
  • Price Change 24h : 0.109227 $
  • Price Change % 24h : 3.56218 %
  • Market Cap : 267661867
  • Market Cap Change % 24h : 2.73077 %

Understanding Metars Genesis (MRS): A Comprehensive Overview

Metars Genesis (MRS) has emerged as an intriguing player in the cryptocurrency market, drawing attention from both investors and enthusiasts. As we explore its journey, we will highlight the coin's unique characteristics, historical performance, advantages, disadvantages, and potential future prospects.

Historical Performance

Since its inception, Metars Genesis has demonstrated significant volatility, typical of many cryptocurrencies. The coin reached its all-time high (ATH) of $5.50 on March 10, 2024. However, it has since experienced a substantial drop, currently sitting at a price of $1.67, representing an approximate decline of 69.67% from its peak.

The coin's all-time low (ATL) was recorded at $0.58 on September 16, 2022. Encouragingly, it has since appreciated by over 185%, suggesting some resilience and potential for growth despite the historical dips.

Advantages of Metars Genesis

One of the primary advantages of Metars Genesis is its structured tokenomics. With a total supply of 1 billion MRS tokens and a circulating supply of approximately 84.2 million, the coin enjoys a favorable scarcity dynamic that could enhance its value over time.

Moreover, the project is backed by a detailed whitepaper accessible on their official website, which outlines its vision, utility, and technological framework, providing transparency and fostering trust among potential investors.

Additionally, the recent uptick in market capitalization, which currently stands at approximately $140.5 million, suggests growing interest and confidence in the project. With a 24-hour trading volume of about $656,932, liquidity is also favorable for investors looking to enter or exit positions.

Disadvantages of Metars Genesis

Despite its strengths, Metars Genesis faces several challenges. Its significant price volatility poses a risk for short-term traders and investors who might be dissuaded by the large fluctuations. Furthermore, the coin's substantial drop from its ATH raises concerns about its long-term sustainability and market demand.

Another factor to consider is the competition within the cryptocurrency space. Metars Genesis operates in a saturated market where numerous projects vie for attention and resources. This makes differentiation and the establishment of a unique value proposition crucial for long-term success.

Future Prospects

Looking ahead, the future of Metars Genesis hinges on its ability to innovate and adapt within the rapidly evolving crypto landscape. The project’s development team will need to actively engage with the community, provide regular updates, and ultimately deliver on its promises as outlined in the whitepaper.

Should the team succeed in enhancing the platform's utility and scalability while navigating the challenges of market competition, Metars Genesis could potentially regain ground and attract a dedicated user base. Market conditions, regulatory developments, and technological advancements will also play a crucial role in shaping its trajectory.

Conclusion

In summary, Metars Genesis (MRS) is a cryptocurrency with a rollercoaster of historical price movements and a roadmap that holds promise. While it boasts advantages such as favorable tokenomics and transparency, it also faces notable challenges including volatility and competition. As the crypto market continues to develop, Metars Genesis will need to leverage its strengths and address its weaknesses to capture its share of the spotlight.

For those looking to explore more about Metars Genesis, feel free to check out their official website at metars.io and delve deeper into their whitepaper at metars-white-paper.

from price
$3

General Information

Title
Metars Genesis
Symbol
mrs
Whitepaper
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
3.18 $
High 24h
3.22 $
Low 24h
3.02 $
Price Change 24h
0.109227 $
Price Change % 24h
3.56218 %

Market Data

Market Cap
267661867
Total Volume
63170
Market Cap Change 24h
7114927
Market Cap Change % 24h
2.73077 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
84235303
Total Supply
1000000000
Max Supply
-

Historical Data

All Time High (ATH)
12.01
ATH Change %
-73.52132 %
ATH Date
2024-12-13 03:10
All Time Low (ATL)
0.584931
ATL Change %
443.85162 %
ATL Date
2022-09-16 23:23