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Metal DAO (MTL) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Metal DAO logo

Metal DAO

MTL

About Metal DAO

MTL is an Ethereum token that powers the Metal's products and ecosystem. Metal DAO is a payment processing application that provides its users with the facility to convert their fiat currencies into cryptocurrencies and vice-versa.

Resources

Official website

Metal DAO (MTL) is a utility token that governs the stablecoin Metal Dollar (XMD). It aims to provide a platform for users to engage in the cryptocurrency space, providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. The utility of Metal DAO extends to proposing new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers. It's a digital asset that aims to enhance the user experience in the cryptocurrency world.

Metal DAO operates by providing its holders with certain benefits when using the Metal Pay cash & crypto app. For instance, Metal Pay customers who own 10,000+ MTL may have 0% fees on all cryptocurrency purchases. The future utility of Metal DAO includes the ability to propose new stablecoins for the Metal Dollar basket and the option to vote in new stablecoin issuers. This functionality strives to give users more control and flexibility in their cryptocurrency transactions.

Metal DAO has a variety of potential use cases. It can be used to propose new stablecoins for the Metal Dollar basket, giving users the ability to influence the types of stablecoins available. Additionally, it provides the option to vote in new stablecoin issuers, such as community banks or fintechs. This allows for a more democratic and inclusive approach to cryptocurrency management. Furthermore, Metal DAO can be used to receive trading discounts on the Metal Pay cash & crypto app, making it a useful tool for frequent users of the platform.

Metal DAO was developed and launched by Metallicus in 2016. Since its inception, it has been providing its holders with tiered trading discounts when using the Metal Pay cash & crypto app. Over time, the utility of Metal DAO has expanded to include the ability to propose new stablecoins for the Metal Dollar basket and the option to vote in new stablecoin issuers. This evolution has allowed Metal DAO to continually adapt to the needs of its users and the developments in the cryptocurrency sector.

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$84.2M

Volume (24h)

$17.3M

Circulating supply

78.6M MTL

Typical hold time

Not enough data

Popularity

#455

All time high

$14.82

Market performance

Price change (1h)

-1.31%

Price change (1d)

+1.22%

Price change (1w)

+16.2%

Price change (2w)

+13.23%

Price change (1m)

+11.03%

Price change (1y)

-38.5%

Market benchmarks

Performance (1Y)

-39.55%

Vs. Market (1Y)

-71.83%

Vs. BTC (1Y)

-76.08%

Vs. ETH (1Y)

-62.45%

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Social

Some highlights about Metal DAO on social media

281 unique individuals are talking about Metal DAO and it is ranked #852 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Metal DAO has an average sentiment score of 3.5 out of 5. Finally, Metal DAO is becoming more newsworthy, with 0 news articles published about Metal DAO. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Metal DAO. There were 87.5% of tweets with bullish sentiment compared to 12.5% of tweets with a bearish sentiment about Metal DAO. 0% of tweets were neutral about Metal DAO. These sentiments are based on 48 tweets.

On Reddit, Metal DAO was mentioned in 1 Reddit posts and there were 3 comments about Metal DAO. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

281 people

Posts

40 posts

Dominance

0.02%

Volume rank

#852

Average Sentiment

3.5 out of 5

Twitter

Coinbase Bytes

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Metal DAO is on the rise this week.

The price of Metal DAO has decreased by 1.31% in the last hour and increased by 1.22% in the past 24 hours. Metal DAO’s price has also risen by 16.20% in the past week. The current price is $1.07 per MTL with a 24-hour trading volume of $17.31M. Currently, Metal DAO is valued at 92.75% below its all time high of $14.82. This all-time high was the highest price paid for Metal DAO since its launch.

The current circulating supply of Metal DAO is 78,588,897 MTL which means that Metal DAO has as total market cap of 78,588,897.

FAQ

What is the current price of Metal DAO?

We update our Metal DAO to USD currency in real-time. Get the live price of Metal DAO on Coinbase.

What is the market cap of Metal DAO?

The current market cap of Metal DAO is $84.21M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Metal DAO?

The all-time high of Metal DAO is $14.82. This all-time high is highest price paid for Metal DAO since it was launched.

What is the 24 hour trading volume of Metal DAO?

Over the last 24 hours, the trading volume of Metal DAO is $17.31M.

What other assets are similar to Metal DAO?

Assets that have a similar market cap to Metal DAO include Kyber Network, Ergo, Dusk, and many others. To see a full list, see our comparable market cap assets.

How many Metal DAO are there?

The current circulating supply of Metal DAO is 79 million.

What is the relative popularity of Metal DAO?

Metal DAO ranks 282 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Metal DAO?

Currently, 50% of Coinbase users are buying Metal DAO. In other words, 50% of Coinbase customers have increased their net position in Metal DAO over the past 24 hours through trading.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.