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MATR1X Price

(FIRE)

AUD(A$)

Note: This cryptocurrency has not yet been officially listed on KuCoin.

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MATR1X (FIRE) Live Price Chart

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    FIRE(FIRE) Profile

    altRank3512
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    ATH
    A$3.80
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    66,731,284
    Max Supply
    1B

    About MATR1X

    • What Is MATR1X (FIRE) Crypto?

      $FIRE is the project token of Matr1x Fire, under Matr1x — an innovative cultural and entertainment platform combining Web3 + Artificial Intelligence (AI) + eSports. The upper limit on the number of FIRE tokens is 1 billion.

      Matr1x Fire aims to create a Web3 esports ecosystem, original IP, and an extensive cosmetic system. $FIRE plays a crucial role both within and outside the game, serving as the primary token for outputs and expenditures and acting significantly in the ecosystem's DeFi functionalities.

      The project, Matr1x, is a global Web3 platform that endeavors to amalgamate various forms of entertainment, including multi-episode games, NFT art, esports, online literature, and community engagement. A key highlight of Matr1x is its status as the first mobile shooting game in the Metaverse, marking its premiere on the Matr1x platform, with FIRE serving as the primary utility token within this ecosystem​​​​.

    • How Does MATR1X Work?

      MATR1X is a blockchain-based platform designed to merge the realms of gaming, NFTs, and community engagement. MATR1X FIRE, the inaugural game on this platform, distinguishes itself as the first mobile shooting game within the Metaverse, aiming to create a comprehensive and engaging experience for players globally.

      The FIRE token serves as the primary utility token within the MATR1X ecosystem. It is intricately designed to facilitate various in-game transactions and activities, playing a central role in the play-to-own model that MATR1X advocates.

      This model significantly diverges from traditional gaming paradigms by granting players true ownership of their in-game assets in the form of NFTs, which they can trade or sell, providing real-world value and financial incentives for gameplay. Key functionalities of the FIRE token include avatar upgrades, case openings, esports donations, and the purchase of exclusive in-game content, fostering a dynamic and rewarding environment for players. The total supply of FIRE tokens is capped at 1 billion, ensuring a finite resource that players and investors can utilize within the ecosystem.

      Furthermore, the innovative approach of MATR1X to blend high-quality graphics, competitive gameplay, and blockchain technology has set it apart, offering a unique blend of strategy, action, and social gameplay within a rich and immersive cyberpunk-themed world. Players are encouraged to engage with the game, earn valuable in-game assets, and contribute to the community, collectively shaping the future of the game and the platform.

    • When Was MATR1X (FIRE) Coin Launched?

      The official launch of MATR1X (FIRE) is planned for the first quarter of 2024, extending into the second quarter of the same year. This timeframe includes the launch of the beta test for Android and iOS, the official release of MATR1X FIRE on these platforms, and several other key developments such as the release of the official website 3.0, the website NFT marketplace, an in-house crypto wallet, the first episode of the MATR1X worldview novel, and listings on DEX/CEX platforms.

      Before this official launch phase, MATR1X FIRE began its test launch phase from the fourth quarter of 2022 into the first quarter of 2023. This period included the initiation of pre-registration, the launch of a pre-alpha onsite test on Android, and the start of live-streaming activities for MATR1X FIRE.

      Key updates are planned for the second to fourth quarter of 2024 following the official launch. These updates include the release of a new expansion pack, a creator community plan, and the PC version of MATR1X FIRE.

    • How to Use FIRE Token

      The MATR1X (FIRE) token is designed as a central element within the MATR1X ecosystem, specifically for the MATR1X FIRE game. Here are the primary uses for the FIRE token:

      1. Avatar Upgrade and Reproduction: Players can use FIRE tokens to upgrade their avatars within the game, enhance their abilities or appearance, and reproduce new avatars.

      2. Case Opening: FIRE tokens are used to open cases within the game, which can contain various items, enhancements, or other rewards that benefit players.

      3. Esports Donating: Players can use FIRE tokens to donate to support the esports ecosystem around MATR1X FIRE. This feature highlights the game's ambition to establish a competitive scene and community engagement.

      4. Privileges Purchase: The BMX token can be used to purchase privileges within the game, including exclusive access to certain areas, items, or events unavailable to non-token holders.

      5. Play-to-Earn Mechanism: Beyond spending, FIRE tokens can be earned through gameplay, participating in tournaments, and other in-game events, promoting a play-to-earn model that rewards players for their engagement and achievements.

      6. Ecosystem Building: A portion of the FIRE tokens is allocated for ecosystem building, including liquidity pools at token generation events (TGE), airdrops in early game tests, rewards in NFT staking, and bonuses for ecosystem-building activities.

      7. Burning Mechanism: To manage inflation and increase scarcity, FIRE tokens used within the game for NFT upgrades and case openings are burned, meaning they are permanently removed from circulation.

      8. Trade or HODL MATR1X Token: Trade FIRE crypto on the KuCoin Spot Market against other cryptocurrencies to profit from changing market conditions and volatility. Buy or sell MATRI1X token or HODL if you believe in the project's future potential. Remember to do your own research (DYOR) before trading FIRE coin in the crypto market.

    FAQ

    Is MATR1X (FIRE) a Good Investment?

    Here are some potential advantages of adding $FIRE crypto to your portfolio:

    1. Early Adoption in a Growing Market: Investing in blockchain gaming projects like MATR1X (FIRE) allows individuals to become early participants in the rapidly growing blockchain and NFT gaming industry. This sector is expected to continue expanding as more developers and companies explore the integration of blockchain technology into gaming.

    2. FIRE Token Appreciation Potential: Like other cryptocurrencies, the FIRE token has the potential for appreciation in value, especially as the game gains popularity, attracts more players, and expands its ecosystem. Early investors could benefit from significant returns if the project succeeds and the demand for the token increases.

    3. Diverse Utility and Ecosystem Involvement: FIRE tokens offer various utilities within the MATR1X ecosystem, such as avatar upgrades, case openings, esports donations, etc. This multifaceted use case can increase the token's intrinsic value and demand, offering a more engaging investment than traditional assets.

    4. MATR1X Play-to-Earn Model: MATR1X (FIRE) promotes a play-to-earn model, rewarding players with tokens for gameplay achievements and participation. This model can create a vibrant community and ecosystem around the game, potentially increasing the token's value and appeal to new players and investors.

    5. Deflationary Mechanisms: The burning mechanism of FIRE tokens for certain in-game activities can reduce the total supply over time, potentially increasing scarcity and value if demand remains stable or grows.

    What Is MATR1X Price Prediction?

    While we cannot provide a reliable FIRE crypto price prediction over any timeframe, the following factors could help you better understand the price trends in the MATR1X cryptocurrency:

    1. FIRE Supply and Demand Dynamics: The basic economic principle of supply and demand is a primary driver of the FIRE token's price. Factors that increase demand for the token, such as successful game updates, new features, or partnerships, can push the MATR1X price up. Conversely, an increase in supply without a corresponding increase in demand can lower the FIRE to USD price.

    2. Future Developments in the MATR1X Roadmap: Progress in the MATR1X project, including game development milestones, updates, and expansions, can positively impact investor and player sentiment, driving up demand for the FIRE token.

    3. Market Sentiment and Investor Perception: The overall sentiment of the cryptocurrency market and the specific perceptions around the MATR1X project can significantly influence the FIRE token price. Positive news, endorsements by influential figures, or favorable reviews can boost confidence and demand.

    4. Adoption and User Base Growth: The adoption rate of the MATR1X game and the growth of its user base are crucial. An increasing number of players and token users can lead to higher demand for the FIRE token, especially if the game's play-to-earn aspects are attractive.

    5. $FIRE Token Utility and Burning Mechanisms: The utility of the FIRE token within the MATR1X ecosystem and the implementation of token burning mechanisms (which permanently remove a portion of the supply from circulation) can also affect the $FIRE token price. Enhanced utility and reduced supply can lead to price appreciation.

    6. Competitive Landscape: The position of MATR1X FIRE within the competitive landscape of blockchain games and NFT projects can influence the FIRE crypto price. Innovations, unique features, or superior gameplay compared to competitors can attract more users and investors.

    7. Market Liquidity and Exchange Listings: The availability of the FIRE token on major exchanges and its liquidity can affect the FIRE coin price. Listings on additional exchanges can increase accessibility and demand, potentially driving up the MATR1X token price.

    8. Economic Conditions: Broader economic conditions, including inflation rates, interest rates, and the performance of traditional and crypto markets, can influence investor behavior and risk appetite, impacting the price of cryptocurrencies like the FIRE token.

    9. Technological Security and Stability: The security and stability of the underlying technology of the MATR1X project can impact investor confidence. Security breaches or technical issues can negatively affect the $FIRE crypto price.

    How to Earn on MATR1X Ecosystem

    Earning on MATR1X involves participating in the game's ecosystem and leveraging its play-to-earn features. Here are several ways players and participants can potentially earn through the MATR1X platform:

    1. Playing the MATR1X Game: Engage in gameplay, compete in matches, and accomplish specific missions or tasks within the game. Success and skilled play can reward players with FIRE tokens.

    2. Participating in Tournaments: Enter esports tournaments organized within the MATR1X FIRE ecosystem. High placements or victories in these competitions can offer substantial FIRE token rewards.

    3. NFT Trading: Buy, sell, or trade NFTs within the MATR1X ecosystem. If you're adept at recognizing valuable NFTs early or creating sought-after ones, you can profit from trading them on the marketplace.

    How to Play MATR1X Game

    To play MATR1X (FIRE), you'll dive into an action-packed shooter game with various modes, each offering unique challenges and competitive gameplay. Here's a summary to get you started:

    Game Modes

    1. Competitive Mode: This core game mode focuses on attack and defense strategies, pushing your skills to the limit.

    2. Teammatch Mode: A team-based mode where you're randomly assigned to a team to eliminate opponents. Success is based on accumulating points through kills, with respawns allowing continuous play until the point goal is reached.

    3. Deathmatch Mode: An all-out battle where players aim to score the highest by eliminating as many opponents as possible. The player with the most points wins.

    Gameplay Tips

    1. Choosing Weapons and Armor: Select weapons and armor wisely before entering the battlefield. Your initial cash balance determines your options, so aim for versatility to handle close and distant threats.

    2. Maintain Health: Health is crucial for survival. Look for Yellow Color Plus Marks on the battlefield to replenish health lost during combat.

    3. Headshots for Efficiency: Aim for headshots to quickly eliminate opponents, adjusting sensitivity settings for better aim, especially if playing on PC with an emulator like LDPlayer 9.

    4. Speed is Key: The faster actor usually wins encounters. Be quick to shoot upon sighting enemies.

    5. Use the Map: The mini-map helps track enemy positions in red, allowing for strategic planning and ambushes.

    For a comprehensive understanding and to enhance your gameplay, consider practicing in different game modes, familiarizing yourself with the maps, and refining your weapon preferences based on your play style​​​​.

    For more detailed guides and tips, visiting dedicated gaming forums or the official MATR1X (FIRE) website can provide additional resources to help you master the game.

    What is the all-time high price of MATR1X (FIRE)?

    The all-time high price of MATR1X (FIRE) is A$3.80. The current price of FIRE is down -- from its all-time high.

    How much MATR1X (FIRE) is there in circulation?

    As of 8 13, 2026, there is currently 66,731,284 FIRE in circulation. FIRE has a maximum supply of 1B.

    How do I store MATR1X (FIRE)?

    You can store your MATR1X in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your FIRE include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.