NULL MATRIX

NULL Price

What is NULL MATRIX about?

NULL Matrix is a deflationary token that starts with 10,000 NULL tokens and utilizes a renounced, immutable contract to accumulate trading fees from every transaction. These fees are used to burn NULL tokens every 8 hours. The NULL Matrix has created 10 managed liquidity pools on the Base chain, consisting of the top volume tokens on Base as of October 20, 2024. By owning and managing these liquidity pools, the NULL Matrix accumulates trading fees from each pool, typically at a rate of 1%, and stores them within the smart contract. Every 8 hours, the collected fees are used to buy and burn NULL tokens. As more liquidity pairs are added, the fees accumulate faster due to price inequalities between each pool. Arbitrage bots, users, and the Uniswap router automatically arbitrage these pools to equalize prices, generating a large number of transactions that pass through the NULL Matrix. This creates a steady mechanism for burning the initial 10,000 token supply.

Where can you buy NULL MATRIX?

NULL tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade NULL MATRIX is Uniswap V3 (Base), where the most active trading pair NULL/WETH has a trading volume of $447.12 in the last 24 hours. Other popular options include Uniswap V4 (Base) and Raydium.

What is the daily trading volume of NULL MATRIX (NULL)?

The trading volume of NULL MATRIX (NULL) is $634.71 in the last 24 hours, representing a -96.00% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for NULL MATRIX (NULL)?

NULL MATRIX (NULL) reached an all-time high of $387.03 and an all-time low of $3.81. It’s now trading -95.20% below that peak and 390.80% above its lowest price.

What is the market cap of NULL MATRIX (NULL)?

Market capitalization of NULL MATRIX (NULL) is $159,371 and is ranked #5141 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NULL tokens (8.5 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of NULL MATRIX (NULL)?

The fully diluted valuation (FDV) of NULL MATRIX (NULL) is $159,371. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Thousand NULL tokens are in circulation today. Depending on how the emission schedule of NULL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of NULL MATRIX compare against its peers?

With a price decline of -32.90% in the last 7 days, NULL MATRIX (NULL) is underperforming the global cryptocurrency market which is up 1.20%, while underperforming when compared to similar Solana Ecosystem cryptocurrencies which are up 0.00%.