MATTER
ShitCoin
Reputation Ratings

MATTER

AntiMatter 2-5 years
Website https://antimatter.finance/
Browser
OTH RELPs
White Paper
Avg Price
+207.38%
1D

$ 0.09369 USD

$ 0.09369 USD

Market Cap

$ 3.034 million USD

$ 3.034m USD

24h trading volume

$ 19,528 USD

$ 19,528 USD

7d Vol

$ 115,319 USD

$ 115,319 USD

Circulating supply

31.301 million MATTER

Related information

Issue Time

2021-02-28

Platform pertained to

--

Current price

$0.09369USD

Market Cap

$3.034mUSD

Volume of Transaction

24h

$19,528USD

Circulating supply

31.301mMATTER

Volume of Transaction

7d

$115,319USD

Change

24h

+207.38%

Number of Markets

18

Token conversion

/

Current Rate0

Available

0.00USD

Calculate

WikiBit Risk Alerts

1
Previous Detection 2024-03-29

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

Historical Price

Introduction

Markets

3H

+196.76%

1D

+207.38%

1W

+128.73%

1M

+97.82%

1Y

-52.59%

All

-95.47%

Aspect Information
Short Name MATTER
Full Name Antimatter Finance
Founded Year 2021
Main Founders Name not publicly disclosed
Support Exchanges Binance, Coinbase, Kraken
Storage Wallet MetaMask, Ledger, Trezor

Overview of MATTER

MATTER, officially known as Antimatter Finance, is a type of cryptocurrency that was launched in 2021. The developers behind the token have opted to remain anonymous. This digital asset can be traded on various exchanges, including Binance, Coinbase, and Kraken. For storage, MATTER supports several digital wallets including MetaMask, Ledger, and Trezor. As with any cryptocurrency, the value and stability of MATTER are subject to market conditions and other variables.

Overview of MATTER

Pros and Cons

Pros Cons
Supported by prominent exchanges Relative newness in the market
Integration with several digital wallets No disclosed identity of founders
Operates on widely-used Ethereum network Associated risks with any cryptocurrency investment

Pros:

1. Supported by Prominent Exchanges: The MATTER token is supported by some of the most prominent cryptocurrency exchanges, like Binance, Coinbase, and Kraken. This support not only assures greater liquidity for the token, but it also helps to make it more accessible to a large number of potential traders from all over the world.

2. Integration with Several Digital Wallets: MATTER is compatible with several popular digital wallets such as MetaMask, Ledger, and Trezor. This broad compatibility makes it easier for users to store, manage, and transact with their MATTER tokens.

3. Operates on Widely-Used Ethereum Network: The token operates on the Ethereum network, one of the most widely-used, tested, and proven blockchains in the crypto industry. This ensures that the token benefits from the speed, security, functionality, and developer community that Ethereum offers.

Cons:

1. Relative Newness in the Market: As a coin that was launched in 2021, the MATTER token is relatively new to the cryptocurrency market, which might be a drawback for those looking for a history of consistent performance. Only time can provide the market confidence that comes with a long-standing and stable track record.

2. No Disclosed Identity of Founders: The anonymity of the project's founders can be a drawback. While anonymous projects are not uncommon in the crypto space, some investors may prefer projects where the founding team is known and can be held accountable.

3. Associated Risks with Any Cryptocurrency Investment: Like any other cryptocurrency, investing in MATTER has its risks. The value of the token can be volatile, subject to both sharp increases and decreases. This volatility, along with regulatory risks, technical risks, and others, mark the general cryptocurrency trading territory.

What Makes MATTER Unique?

The innovation of MATTER, or Antimatter Finance, lies primarily in its approach to financial derivatives in the cryptocurrency space. Instead of traditional derivatives, MATTER utilizes novel, on-chain token models. The result is a range of simplified financial derivatives including perpetual options, which distinguish MATTER from many other cryptocurrencies.

The MATTER token and its associated platform focus on creating a unique system where a combination of positive and negative tokens represent different financial states, allowing for conditional execution and a unique form of contract interaction.

However, unlike other cryptocurrencies especially the more established ones, MATTER is relatively new to the scene and the identity of its main founders remains undisclosed. While this air of mystery is common for many new cryptocurrencies, it contrasts with some other virtual currencies whose founders and development teams are public and have known industry reputacies.

It's essential to keep in mind that innovation in the cryptocurrency industry doesn't necessarily indicate future success or failure as it is also tied to various factors like market acceptance, regulatory environment, competitory landscape, technological advances, and implementation of the said innovation.

What Makes MATTER Unique?

How Does MATTER Work?

The working mode and principle of MATTER, also known as Antimatter Finance, revolves around the creation of a platform for simplified financial derivatives. The platform aims to utilize a conditional token model to create these derivatives.

This model involves creating both positive and negative tokens to represent different financial states. Positive tokens are expected to increase in value when the price of the underlying asset (such as ETH) rises, while negative tokens increase in value when the underlying asset's price falls. This essentially allows users to long or short the market, with a tokenized representation.

The token is built on the Ethereum blockchain, so it follows the working principles established there—a decentralized, open-source platform that uses smart contracts. In essence, the smart contracts, which are self-executable contracts with the terms of the agreement between buyer and seller directly written into code, allow for the automatic execution of transactions when certain conditions are met.

It's also worth noting that as a form of cryptocurrency, the operation of MATTER is dependent upon a network of computers (also known as nodes) that validate and record transactions on its blockchain.

However, a complete understanding of the working mode and principles of MATTER would require a deep understanding of blockchain technology, smart contracts applications, and financial derivatives markets. As with any complex system, potential users and investors are advised to understand its operation and the risks involved thoroughly.

How Does MATTER Work?

Circulation of MATTER

Antimatter(MATTER) is a cryptocurrency with no mining cap and a total circulating supply of 10,000,000 tokens. The price of Antimatter(MATTER) has fluctuated significantly since its launch, and is likely affected by a number of factors, including the overall volatility of the cryptocurrency market, the supply and demand for Antimatter(MATTER), and the news and events surrounding the Antimatter(MATTER) project.The price of Antimatter(MATTER) has fluctuated significantly since its launch. In the early days, Antimatter(MATTER) was trading for around $0.01 per token. However, the price quickly rose to over $1 per token in December 2021. Since then, the price of Antimatter(MATTER) has fallen back to around $0.10 per token. Investors should carefully consider their own risk tolerance and investment goals before investing in Antimatter(MATTER) or any other cryptocurrency.

Exchanges to Buy MATTER

Here are ten well-known exchanges that potentially support trading with various cryptocurrencies, including tokens like MATTER:

1. Binance: One of the world's leading crypto exchanges often offering a wide range of currency pairs, potentially including BTC/MATTER, ETH/MATTER and even fiat/MATTER pairs.

2. Coinbase Pro: Known for a user-friendly interface, it could support trading pairs like MATTER/USD and MATTER/BTC.

3. Kraken: This exchange can potentially support pairs like MATTER/EUR, MATTER/USD, and MATTER/BTC.

4. Huobi Global: It is known to list many tokens and may feature MATTER with pairs such as MATTER/BTC and MATTER/ETH.

5. OKEx: This exchange might offer pairs like MATTER/BTC, MATTER/ETH, and MATTER/USD or MATTER/USDT.

6. Bitfinex: A more established exchange which may support currency pair like MATTER/USD, MATTER/BTC, and MATTER/ETH.

7. Bittrex: Renowned for diverse token support, it might feature MATTER with pairs like MATTER/BTC and MATTER/ETH.

8. KuCoin: Known for supporting a large array of tokens, could possibly list MATTER and pairs like MATTER/BTC and MATTER/ETH.

9. Poloniex: Another popular exchange that could support MATTER trading against BTC, ETH, and perhaps USDT.

10. Gate.io: Known to support many cryptocurrencies, it could offer MATTER trading pairs like MATTER/USDT and MATTER/BTC.

Remember, the availability of MATTER and the specific currency pairs may differ between exchanges and may change over time. Always verify the current status directly from the source.

How to Store MATTER?

Storing MATTER, like any other cryptocurrency, requires a digital wallet. There are several types of wallets that you could utilize for holding your MATTER tokens. Each type of wallet provides a different level of security, accessibility, and convenience.

1. Hardware Wallets: These are physical devices that securely store cryptocurrency offline. Examples that could potentially support MATTER include Ledger and Trezor. They offer high security, but they require an investment and might not be necessary if you aren't holding large amounts of cryptocurrency.

2. Software Wallets: Software wallets, also known as desktop wallets, are downloadable and installed on a single device. They provide a balance between security and convenience. Exemplary tools could include Mist or MyEtherWallet.

3. Mobile Wallets: Mobile wallets are essentially software wallets that are designed specifically for smartphones and tablets. Wallets like Trust Wallet or Jaxx can often hold a wide range of tokens, possibly including MATTER.

4. Online Wallets: Online wallets are accessible through a web interface and can be accessed from any device. They are convenient, but potentially less secure than other options as the private keys are held online.

5. Browser Extension Wallets: Mostly used for Ethereum-based tokens, browser extension wallets like MetaMask integrate directly with your web browser, making transactions easy. The security measures are considered quite strong but make sure to keep your device secure as well.

6. Paper Wallets: Paper wallets are a form of offline cold storage that involve printing out your public address and private key. While they could store Ethereum-based tokens like MATTER, they are more common for Bitcoin and other major cryptocurrencies, and are recommended only for very advanced users due to the challenges and risks involved.

As always, make sure to research each wallet before sending any tokens to it. Double-check that the wallet you choose supports MATTER, and remember to always keep your private keys secure. Never share your private keys with anyone, as anyone who has these can access your tokens.

How to Store MATTER?

Should You Buy MATTER?

Deciding who is suitable to buy MATTER, or any cryptocurrency for that matter, depends on a variety of factors. Cryptocurrencies like MATTER can be suitable for a wide spectrum of individuals, ranging from novice investors to well-experienced traders, provided they have an understanding of the risk profile, the market volatility and the technology's complexities.

Here are several groups of people who may consider investing in MATTER and some advice for each:

1. Tech enthusiasts: Those who have a fascination for blockchain technology and recognize the potential of decentralized finance (DeFi) projects, such as MATTER, may consider investing. It is vital, however, to conduct thorough research and understand the project's architecture, plans, potential, and, in this case, the dynamics of tokenized financial derivatives.

2. Long-Term Investors: If you view cryptocurrency as a long-term investment and aren't too perturbed by short-term market fluctuations, MATTER could potentially be an option. Long-term investors should consider the long-term potential of the project, scrutinize its roadmap and development team (despite the anonymity of MATTER's founders), and be aware of significant industry trends.

3. Risk-Tolerant Investors: If you're an experienced trader or investor who has a significant risk tolerance and can manage potential losses, investing in cryptocurrencies like MATTER on platforms that provide this option could suit you. Diversification to reduce exposure to any single asset is always a sound strategy.

Before committing to buy MATTER or any other cryptocurrency, please note:

- Conduct thorough research: Understand the intricacies of the project; it's purpose, strategy, usage and the problem it aims to solve.

- Be patient: Cryptocurrency markets can be volatile, and prices may fluctuate significantly.

- Diversify your portfolio: Spreading your investments can minimize risk.

- Consider professional advice: Financial advisors with cryptocurrency experience can provide personalized advice that suits your financial goals and risk tolerance.

- Only invest what you can afford to lose: This is a golden rule in any investment, not just cryptocurrencies.

Remember that investing in cryptocurrencies involves risk, and the value of investments can go up or down. Investors should approach the decision to buy MATTER with proper due diligence and consideration of their personal risk tolerance.

Conclusion

MATTER, formally known as Antimatter Finance, is a digital token that operates on the Ethereum network. Launched in 2021, this cryptocurrency focuses on providing simplified financial derivatives via novel, on-chain token models, which distinguishes it from many other cryptocurrencies. While its concepts are innovative and it has support from major exchanges, MATTER is relatively new to the market and carries the standard risks associated with any cryptocurrency investment.

As for its development prospects, while it's impossible to predict the future with certainty in the volatile crypto space, the unique approach of conditional token modelling does make MATTER an interesting project and could lead to significant growth if widely adopted.

Whether MATTER can make money or appreciate in value is heavily dependent on several factors such as market acceptance, innovation implementation, overall market conditions, regulatory landscapes and much more. It's important to remember that while potential for financial gain exists in every investment, so does potential for financial loss. Therefore, potential investors should study the market, perform diligent research and understand the project thoroughly before getting involved. Also, considering financial advice from a professional advisor can be beneficial. As with any investment, one should only invest what they're prepared to lose.

FAQs

Q: What kind of cryptocurrency is MATTER?

A: MATTER, also known as Antimatter Finance, is a digital token introduced in 2021 that operates on the Ethereum network, offering simplified financial derivatives through the mechanism of conditional tokens.

Q: In which exchanges can MATTER be traded?

A: MATTER can be traded on a variety of global exchanges including possibly Binance, Coinbase, and Kraken, though it's always best to check for the most recent list on each exchange's website.

Q: Can you highlight the unique features of the MATTER token?

A: The unique feature of the MATTER token is its focus on revolutionizing financial derivatives with the aid of conditional token models representing different financial states, alongside its operational base on the Ethereum blockchain.

Q: Are the founders of the MATTER token publicly known?

A: No, as of its launch in 2021, the developers behind the MATTER token have chosen to remain anonymous, a practice not uncommon in the cryptocurrency space.

Q: Which wallets are compatible with MATTER for storage purposes?

A: Several digital wallets such as MetaMask, Ledger, and Trezor are capable of storing MATTER tokens, but it's always advised to ensure compatibility before transfer.

Q: What factors should I consider before buying MATTER?

A: Before buying MATTER, one should consider variables like its newness in the market, anonymity of the founders, associated investment risks, your personal financial situation, and understanding of the project's fundamentals.

Q: What is the working principle of MATTER?

A: MATTER works based on a conditional token model where positive and negative tokens represent different financial states, all operating on the decentralized Ethereum blockchain platform.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.

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