What is Matrix One (MATRIX) crypto coin? Facts, use case, and market reality

What is Matrix One (MATRIX) crypto coin? Facts, use case, and market reality

Matrix One Token Value Calculator

Current MATRIX Market Data

Current Price: $0.00001749 USD
Circulating Supply: 533M tokens
Market Cap: $9,630 USD (2025-11-02 data)

Note: This data shows how small the Matrix One ecosystem is. For context, this market cap is less than the cost of a used laptop.

Token Value Calculator

Value: $0.00

Based on current market cap of $9,630 USD

Important: This calculator shows the theoretical value based on current market data. Remember that MATRIX has extremely low liquidity and trading volume (only ~$110 daily). Buying/selling may result in significant price impact.

Matrix One (MATRIX) isn’t a coin you’ll find in your friend’s portfolio or on a mainstream exchange like Binance or Coinbase. It’s a tiny, experimental project built on Solana that claims to be a decentralized platform for creating AI agents - but right now, it’s barely more than a concept with a token attached.

What Matrix One actually does

Matrix One says it wants to let anyone build and monetize AI characters - think digital companions, customer service bots, or interactive NPCs in games - without relying on companies like Character.ai. The idea is simple: instead of a big tech firm owning your AI creation and profiting from it, you keep control. You earn $MATRIX tokens when people interact with your AI, and you can use those tokens to create or access other AI agents on the network.

It’s not about mining or staking. It’s about participation. If you design an AI character that gets used, you get paid. If you talk to someone else’s AI, you help train it - and you might earn tokens too. That’s the theory. The reality? There’s almost no one using it.

The token: MATRIX on Solana

MATRIX is an SPL token, meaning it runs on the Solana blockchain. Total supply is fixed at 10 billion tokens. That sounds huge - until you check the numbers.

As of November 2, 2025, only about 533 million MATRIX tokens are in circulation. The price? Around $0.00001749 USD. That means the entire market value of all circulating tokens is just $9,630. For context, that’s less than the cost of a decent used laptop. The fully diluted valuation (if all 10 billion tokens were in circulation) is $180,900. Still tiny.

Compare that to Fetch.ai, a similar AI crypto project, which has a market cap of $440 million. Matrix One is 45,000 times smaller. It’s not just a small player - it’s barely visible on the map.

Where you can buy MATRIX

You won’t find MATRIX on any centralized exchange. It’s only traded on decentralized platforms, mostly Raydium on Solana. That means you need a crypto wallet like Phantom, some SOL to pay for fees, and the patience to navigate a DEX with almost no liquidity.

The 24-hour trading volume? Around $110. That’s not enough to move the price meaningfully. If you try to buy $100 worth of MATRIX, you’ll likely end up paying double the price because there are so few sellers. Selling is just as hard - you might not find a buyer at all.

Tiny AI character alone on empty blockchain landscape with fading holder counter and distant DEX.

Who’s behind it?

Matrix One was launched in 2024. It has backing from two venture capital firms: Gemhead Capital and Cherry Street. Both are small, early-stage investors with no track record in major crypto hits. There’s no public team list. No LinkedIn profiles. No interviews. No press coverage in Coindesk, Cointelegraph, or The Block. No one is talking about it outside of token tracking sites.

That’s a red flag. Established projects have teams. They have roadmaps. They have press releases. Matrix One has a website and a token. That’s it.

Why it’s hard to trust

Data on MATRIX is all over the place. One site says the circulating supply is zero. Another says 533 million. Prices jump between $0.000017 and $0.000031 depending on the source. That’s not normal. It suggests either poor data collection - or something more concerning.

There are only 2,360 token holders. That’s fewer people than attend a small local meetup. On Reddit, there are zero active threads about Matrix One. On Twitter, #MatrixOne has no trending posts. No YouTube tutorials. No Discord communities with more than 50 members.

The project relies on “Learn2Earn” and “Assist2Earn” programs to give away free tokens. That’s not adoption - that’s a giveaway to inflate numbers. If real users were engaging with the AI agents, they’d be talking about it. They’d be sharing their experiences. They’re not.

Is it worth anything?

Technically, yes - it has a use case. Decentralized AI agents could be powerful. Imagine owning a digital assistant you trained yourself, one that learns from your interactions and pays you when others use it. That’s a future worth building.

But right now? Matrix One isn’t that future. It’s a prototype with no users, no liquidity, and no traction. The technology isn’t proven. The community doesn’t exist. The market doesn’t care.

It’s like having a key to a door that doesn’t lead anywhere. You can hold it. You can even show it to people. But there’s no lock. No room. No point.

Giant door labeled 'Decentralized AI Future' with MATRIX key stuck in lock, crowd walks past to better options.

Who should avoid MATRIX

If you’re looking for a crypto investment with growth potential - skip it. If you want to use AI agents for your business or personal use - look at Character.ai, Replika, or even open-source models like Llama 3. If you’re trying to build something on Solana - there are dozens of better protocols with real developer tools and active communities.

MATRIX is not a play for traders, developers, or users. It’s a speculative gamble on a project that hasn’t even begun to prove it can work.

Who might consider it

Only two types of people might find value here:

  • Someone with extra crypto to burn, who wants to support early-stage ideas - and accepts they might lose it all.
  • A developer who wants to experiment with decentralized AI on Solana and doesn’t mind building in a vacuum.

Even then, you’re not investing in Matrix One. You’re betting on the idea that someone - someday - will care enough to make it real.

The bottom line

Matrix One (MATRIX) is a crypto project that sounds promising on paper. It addresses a real problem: who owns AI? But it’s stuck in the earliest stage of development - with no users, no volume, and no credibility.

It’s not a scam. There’s no evidence of fraud. But it’s also not a viable asset. It’s a ghost coin - visible on charts, but invisible in practice.

If you’re curious, you can buy a few tokens on Raydium. But don’t expect returns. Don’t expect utility. Don’t expect a community. Right now, MATRIX is a thought experiment with a ticker symbol - and nothing more.

16 Comments

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    Kymberley Sant

    November 3, 2025 AT 11:29
    matrix one? more like matrix zero. i saw this on raydium last week and thought it was a glitch. $0.000017? that's less than the cost of a single coffee bean. someone actually bought this? lol
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    Matthew Affrunti

    November 5, 2025 AT 01:55
    I get the appeal of decentralized AI agents, but this feels like trying to build a spaceship in your garage and then selling tickets to Mars. The idea is cool, but the execution? Zero. If you're looking to experiment, go with something that actually has users.
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    mark Hayes

    November 6, 2025 AT 01:58
    i dont get why people get so worked up over these tiny tokens. if you have extra cash and want to support a dream, go for it. but dont act like this is an investment. its a hobby. like collecting vintage postcards. maybe one day someone will care. maybe not. 🤷‍♂️
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    Derek Hardman

    November 6, 2025 AT 10:41
    The fundamental issue here is not the tokenomics, but the absence of any demonstrable user engagement. A decentralized AI platform without users is a theoretical construct, not a protocol. The liquidity metrics confirm what the narrative suggests: there is no network effect, and without it, the value proposition collapses.
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    Eliane Karp Toledo

    November 7, 2025 AT 09:42
    You think this is just a ghost coin? Nah. This is a honeypot. They're dumping tokens on early buyers to create fake volume, then the dev team pulls the rug. Look at the holders - 2360? That's exactly the number of bots you'd need to simulate activity. And no press? Because the SEC is already watching. They know what's coming.
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    Phyllis Nordquist

    November 8, 2025 AT 02:29
    While the project lacks current traction, the underlying concept of user-owned AI agents remains a compelling paradigm within decentralized systems. The absence of adoption at this stage does not inherently invalidate the long-term vision, though it does necessitate extreme caution regarding capital allocation.
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    Eric Redman

    November 9, 2025 AT 12:05
    Okay but who even cares? This is the kind of thing that gets posted on r/CryptoMoonShots at 3am by someone who just got their first crypto wallet. I saw this on CoinGecko and thought it was a typo. 10 BILLION tokens and the market cap is less than my monthly rent. Bro, you're not investing, you're donating to a dream.
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    Jason Coe

    November 10, 2025 AT 10:01
    I spent like three hours digging into this thing last week because I thought maybe it was the next big thing. The website looks like it was made in 2018. The whitepaper has zero technical depth. The team? Invisible. The only people talking about it are the ones who got free tokens from their learn2earn bot. And the trading volume? I could buy the entire supply with my lunch money and not even notice the price move. This isn't a project. It's a digital ghost town with a token.
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    Brett Benton

    November 10, 2025 AT 22:34
    I'm from the Midwest and I've seen a lot of startups come and go. This reminds me of that guy who sold hand-painted rocks as NFTs back in 2021. The idea? Kinda cool. The reality? Nobody cares. But hey, if you want to be part of something no one else sees, go ahead. Just don't cry when it vanishes.
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    David Roberts

    November 11, 2025 AT 04:14
    The tokenomics are a statistical mirage. With a fixed supply of 10B and a circulating supply of 533M, the dilution potential is non-linear and structurally unsound. The lack of on-chain activity beyond trivial transfers indicates zero utility adoption. The absence of a verifiable team constitutes a governance vacuum. This is not a project. It is a cryptographic placebo.
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    Monty Tran

    November 12, 2025 AT 10:33
    If you think this is a scam you're naive. This is worse. This is a forgotten experiment. No one even remembers it exists. The devs probably moved on to the next thing. The token is just floating there like a dead satellite. No one's coming to save it. Don't waste your time
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    Beth Devine

    November 13, 2025 AT 10:22
    I appreciate the honesty in this breakdown. It's rare to see someone lay out the reality without hype. If you're a developer who wants to build on Solana, there are so many better tools out there. But if you're just curious, maybe grab a few tokens and see what happens. Just don't bet on it.
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    Brian McElfresh

    November 15, 2025 AT 05:35
    You think the data is messy? That's because it's being manipulated. The 2360 holders? All controlled by one wallet. The price jumps? Pump-and-dump bots. The VC backers? Shell companies. This isn't a crypto project - it's a laundering scheme disguised as AI. The SEC is going to shut this down before the year ends. You've been warned.
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    Kaela Coren

    November 17, 2025 AT 01:57
    The absence of community engagement is not merely a symptom - it is the defining characteristic of this project's failure. A decentralized network cannot exist without participants. The token, therefore, is a symbolic artifact, devoid of functional purpose. The infrastructure is present, but the ecosystem is absent.
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    Phil Higgins

    November 17, 2025 AT 10:43
    There's a quiet beauty in projects like this - the ones that nobody sees but still exist. Like a tree falling in a forest with no one around. Maybe it's not meant to be big. Maybe it's meant to be a seed. I'm not buying. But I'm not mocking. I'm just watching. Because sometimes, the quiet ones grow the tallest.
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    Genevieve Rachal

    November 18, 2025 AT 06:35
    This is exactly why retail investors lose money. You see 'AI' and 'decentralized' and your brain goes into autopilot. But look at the numbers. Look at the team. Look at the volume. This isn't a hidden gem - it's a landmine disguised as a lottery ticket. If you're still thinking about buying this, you need to step away from the screen.

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