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Matrix AI Network

MAN

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Market

Market stats

Market cap

$22.4M

Volume (24h)

$559,330.38

Circulating supply

440.9M MAN

All time high

$1.79

Price change (1h)

-1.18%

Price change (24h)

-1.28%

Price change (7d)

-8.97%

About Matrix AI Network

MATRIX AI Network is an ideal combination of AI and blockchain where the platform aims to let MAN tokens be utilized for rewards, payments, and virtual asset authentication.  

MATRIX embraces an essential hybrid PoS + PoW consensus mechanism. The PoW mechanism is executed in a smaller network of representatives chosen with a haphazardly distributed voting algorithm. The possibility of a node to be picked is proportional to the PoS. The "victor" delegate shares the PoW prize with other nodes present in its cluster.  

According to its website, Transaction validatorsblock-generating miners, and users in the MATRIX ecosystem get the privilege to acquire MAN tokens as an award. From leasing extra computing ability to purchasing AI services on the token's network, everything is settled in MAN. The method of converting computing ability, algorithmic prototypes, or AI artworks into virtual assets requires burning a specific quantity of MAN in the casting of NFTsCoin burning is when cryptocurrency miners and creators terminate a specific quantity of coins from circulation to regulate its price. 

Further, AI is vital in shaping MATRIX as a smart blockchain as per its whitepaper. Moreover, MATRIX is also a unique product of blockchain technology's vast optimization and expansion. Another notable advantage of the token is that users of the smart contracts do not require learning how to perform coding with a programming language. The coin only needs a user to type in the intent of the contract, such as input, output, and transaction requirements, as a script. 

MATRIX is created to strengthen the safety of blockchain to an exceptional level. The security infrastructure of MATRIX includes four main components:

These unique aspects give valid reasons to users to choose MAN. 

News about Matrix AI Network

Bitcoin Magazine • Mar 29, 24

The Infosec Basics: How to Keep Your Bitcoin Seed Phrase Secure

Security is priority #1 when it comes to keeping your bitcoin safe. A simple guide on how to keep your seed phrase private and secure. The fourth installment of “10 Steps to Self-Sovereignty” powered by Ledger.

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Messari • Mar 29, 24

Discussion: Does Bitcoin need Layer-2s?

Recent developments in the Bitcoin ecosystem, such as the surge in Ordinals, Inscriptions, and the introduction of BitVM, reflect a shift towards enhancing Bitcoin's functionality with Layer 2 solutions. Despite challenges and a conservative upgrade approach, initiatives like Babylon and BitVM ai...

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Decrypt • Mar 29, 24

Ethereum Creator Vitalik Buterin Pushes 'Positive-Sum' Vision for Meme Coins

Arguing that current meme coins "go up and down in price and contribute nothing of value," Buterin suggested harnessing that energy for good.

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BeInCrypto • Mar 29, 24

Google Now Allows to Check Crypto Wallet Balance

Google Search has expanded to allow users to check their cryptocurrency wallet balances, supporting networks like Bitcoin and Ethereum, while addressing privacy concerns and embracing digital finance.The post Google Now Allows to Check Crypto Wallet Balance appeared first on BeInCrypto.

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The Defiant • Mar 29, 24

Centrifuge’s Anemoy Attracts Investment From Celo As Tokenized Treasury Assets Bubble

Celo’s investment follows Frax and Gnosis passing proposals to deploy $20M and $10M into Anemoy.

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Blockworks • Mar 29, 24

How will the Bitcoin halving impact Bitcoin L2s?

Bitcoin will likely grow to rely on its layer-2 infrastructure for most post-halving transactions this year, experts say

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Matrix AI Network is on the decline this week.

The price of Matrix AI Network has decreased by 1.18% in the last hour and decreased by 1.28% in the past 24 hours. Matrix AI Network’s price has also fallen by 8.97% in the past week. The current price is $0.0508 per MAN with a 24-hour trading volume of $559.33K. Currently, Matrix AI Network is valued at 97.16% below its all time high of $1.79. This all-time high was the highest price paid for Matrix AI Network since its launch.

The current circulating supply of Matrix AI Network is 440,928,190.99 MAN which means that Matrix AI Network has as total market cap of 440,928,190.99.

FAQ

What is the current price of Matrix AI Network?

We update our Matrix AI Network to USD currency in real-time. Get the live price of Matrix AI Network on Coinbase.

What is the market cap of Matrix AI Network?

The current market cap of Matrix AI Network is $22.41M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Matrix AI Network?

The all-time high of Matrix AI Network is $1.79. This all-time high is highest price paid for Matrix AI Network since it was launched.

What is the 24 hour trading volume of Matrix AI Network?

Over the last 24 hours, the trading volume of Matrix AI Network is $559.33K.

What other assets are similar to Matrix AI Network?

Assets that have a similar market cap to Matrix AI Network include Pangolin, Rhino.fi DVF, Verified USD, and many others. To see a full list, see our comparable market cap assets.

How many Matrix AI Network are there?

The current circulating supply of Matrix AI Network is 441 million.

Can I buy Matrix AI Network on Coinbase?

No, Matrix AI Network is not currently available on Coinbase, but you can sign up to get the latest news on Matrix AI Network and be notified when it gets added to our exchange.

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