What is Materium (MTRM) crypto coin? Token, utility, and risks explained

What is Materium (MTRM) crypto coin? Token, utility, and risks explained

Aug, 5 2025

MTRM Trading Impact Calculator

How MTRM's Low Liquidity Affects Your Trades

The article explains that MTRM has extremely low trading volume. With most days seeing only $0-$120 in 24-hour volume, your trades can cause massive price movement. This calculator shows how your trade size compares to current market liquidity and what slippage you might experience.

Important: This is a simulation based on the article's data. Actual results will vary, but the calculations demonstrate why trading MTRM is high risk.

Trade Impact Results

Trade Size as % of Daily Volume: 0.00%

Estimated Slippage: 0.0%

Price Impact: 0.0%

Warning: A slippage of 5% means your $100 trade would cost you $105 or get you 5% less MTRM. Higher percentages mean higher risk.

Materium (MTRM) isn't a cryptocurrency you buy because it's going up. It's a bet on a game that doesn't exist yet. If you're looking for a coin with real usage, active users, or steady trading volume, MTRM won't deliver. But if you're willing to gamble on Gala Games' promise of a massive open-world MMORPG called Mirandus, then MTRM is your only ticket in.

What Materium actually does

Materium is the official reward token for Mirandus, a fantasy MMORPG still in development by Gala Games. Think of it like buying a movie ticket before the film is shot. The token has no function outside Mirandus. You can't use it to pay for anything else. You can't stake it for yield. You can't send it to friends as a gift with meaning. Its only purpose is to be used inside Mirandus when - and if - the game launches.

Inside Mirandus, players are meant to earn MTRM by exploring, fighting monsters, crafting gear, or serving a king. The game's pitch is radical: no maps, no quest givers. You're dropped into a world and told to survive. MTRM is how you'll buy items, hire NPCs, or claim land. That’s the theory. Right now, it’s all theory.

Technical specs you need to know

MTRM is an ERC-20 token built on Ethereum. That means you need an Ethereum wallet like MetaMask to hold it. But here’s where it gets weird: MTRM has zero decimal places. Most tokens use 18 decimals (like ETH or USDC). MTRM doesn’t. One MTRM is one whole unit. No cents. No fractions. That’s unusual, and it makes trading harder because you can’t split it into smaller amounts.

As of late 2023, there are exactly 18,836,524 MTRM in circulation. No cap. No maximum supply. That means Gala Games could theoretically mint more anytime - a red flag for investors who want scarcity.

Where you can trade MTRM - and why you shouldn’t

You can buy MTRM on Uniswap V3, Coinstore, and LBank. But don’t get fooled by the listings. Trading volume is near zero. On most days, the 24-hour volume hovers between $0 and $120. That’s not a market. That’s a ghost town.

Low volume means one thing: slippage. If you try to buy $100 worth of MTRM, your order might fill at 20% higher than the price you saw. Sell $50? You might get 30% less. Liquidity is so thin that even small trades move the price wildly. One day, the price swings 15% just because someone bought $20 worth.

Uniswap V3 handles 100% of MTRM trades. That’s not because it’s the best platform - it’s because no one else wants to list it. Centralized exchanges added it because they saw a chance to attract speculative traffic, not because they believe in its future.

Market performance: A token in limbo

MTRM’s market cap fluctuates between $180,000 and $310,000. That’s less than the cost of a single NFT from a popular collection. It ranks #3854 out of over 25,000 cryptocurrencies. For comparison, Gala Games’ main token, GALA, sits in the top 200.

Over seven days in October 2023, MTRM dropped 25.5%. The broader crypto market dropped 4.2%. That tells you investors aren’t just cautious - they’re running.

Only about 1,842 unique wallets hold MTRM. Just 287 interacted with the contract in the past 30 days. That’s not a community. That’s a handful of speculators and a few early backers.

A crypto trader sits in a dark room surrounded by zero-volume charts and a peeling Mirandus poster, a cold teacup beside a hopeful note.

Why people still buy it

Some people buy MTRM because they believe in Gala Games. The company launched Town Star and other blockchain games that actually work. They have a loyal fanbase. Some investors think Mirandus will be their next big hit - the one that finally breaks the blockchain gaming mold.

There’s also the FOMO effect. If Mirandus launches and MTRM is the only way to play, early holders could profit massively. That’s the dream. But dreams don’t pay bills. And right now, MTRM has no utility - only hope.

The big problem: No game, no value

Mirandus was supposed to launch in 2023. It didn’t. Gala Games’ last update said they made “significant progress on world-building mechanics.” That’s not a launch date. That’s corporate jargon for “we’re still figuring it out.”

Compare this to The Sandbox or Decentraland. Both have been live for years. They have thousands of daily users, active marketplaces, and real events. Mirandus has nothing. No beta. No public demo. No roadmap update since mid-2023.

Investors on Reddit and Trustpilot are frustrated. One user wrote: “Bought MTRM 6 months ago expecting Mirandus launch. Still waiting with no clear date.” The sentiment on CoinMarketCap? 62% bearish.

What experts say

TradingBeast predicts MTRM could hit $0.016 by 2026 - if Mirandus launches. WalletInvestor says the same. But Swapspace’s analysis is more realistic: $0.0138 by 2030. That’s a 10x return from $0.0013, assuming the token doesn’t crash before then.

CoinGecko rates MTRM’s sustainability as “low.” Messari called it “one of the highest-risk gaming tokens available due to the extended development timeline without clear milestones.”

The SEC’s 2023 framework for digital assets says tokens tied to unlaunched projects could be classified as securities. If Mirandus ever launches and MTRM is deemed a security, it could be delisted from exchanges. That’s not speculation - it’s legal risk.

A giant hollow gate labeled 'MIRANDUS' stands in a desert of broken tokens, with a figure reaching through its illusory barrier toward a distant glowing city.

Should you buy MTRM?

If you’re a crypto newbie: don’t. This isn’t a starter coin. It’s a lottery ticket.

If you’re an experienced investor with money you can lose: only if you understand the gamble. You’re not buying a coin. You’re buying a bet on Gala Games’ ability to deliver a game that’s been promised since 2022.

Here’s the hard truth: MTRM has no value today. It has no users. No trading volume. No utility. Only a name and a contract address. If Mirandus never launches, MTRM becomes worthless - like a movie ticket for a film that was canceled.

If Mirandus does launch, and it’s amazing, MTRM could surge. But that’s a big “if.” And even then, it’ll be a race to get in before the price explodes - and you’ll have to compete with whales who already hold 80% of the supply.

How to get MTRM (if you really want to)

If you still want to try:

  1. Get an Ethereum wallet (MetaMask or Coinbase Wallet).
  2. Buy ETH on a centralized exchange like Coinbase or Kraken.
  3. Send ETH to your wallet.
  4. Go to Uniswap V3.
  5. Connect your wallet.
  6. Swap ETH for MTRM using the contract address: 0xcd17fA52528f37FACB3028688E62ec82d9417581.

Use limit orders. Never use market orders. Slippage will eat your money.

Store your MTRM in your wallet. Don’t leave it on an exchange. And never, ever invest more than you’re prepared to lose completely.

What’s next for Materium?

Nothing. Until Mirandus launches.

There are no upcoming airdrops. No partnerships announced. No technical upgrades planned. The only thing that moves MTRM’s price is rumors about Mirandus. And those rumors haven’t been real since 2022.

The future of MTRM is entirely tied to one thing: a game that doesn’t exist. And in crypto, hope is the most expensive asset of all.

Is Materium (MTRM) a good investment?

Materium is not a good investment for most people. It has no utility, no trading volume, and no live product. It’s a speculative bet on a game called Mirandus that has been delayed for over two years. If you’re willing to risk losing everything for a slim chance of a big payout, then you might consider it. But if you want steady growth, real use cases, or lower risk, there are far better options.

Can I use MTRM to buy things right now?

No. MTRM has no current utility. It can’t be used to buy goods, services, or in-game items because the game it’s meant for - Mirandus - hasn’t launched. All trading is purely speculative. There are no merchants, platforms, or apps that accept MTRM outside of crypto exchanges.

Why does MTRM have zero decimal places?

Most tokens use 18 decimals to allow for small transactions. MTRM was designed with zero decimals, meaning each token is one whole unit. This is unusual and makes trading harder. It prevents micro-transactions and increases slippage because you can’t split tokens. This design choice likely stems from Gala Games wanting to simplify the token’s role in Mirandus - but it also makes the token less flexible and harder to trade.

Is MTRM listed on major exchanges like Binance or Coinbase?

No. MTRM is not listed on Binance, Coinbase, Kraken, or any other major centralized exchange. It’s only available on smaller platforms like Uniswap V3, Coinstore, and LBank. This lack of listing on top exchanges is a red flag - it shows most reputable platforms don’t see enough demand, liquidity, or legitimacy to list it.

What happens if Mirandus never launches?

If Mirandus never launches, MTRM becomes worthless. The token has no value outside the game. Without Mirandus, there’s no reason to hold it, trade it, or use it. The price would likely collapse to near zero, and holders would be left with digital assets that can’t be spent or exchanged for anything of value.

How many people own MTRM?

As of late 2023, only about 1,842 unique Ethereum wallets hold MTRM. Of those, only 287 interacted with the token’s contract in the past 30 days. That’s a tiny, inactive community compared to even small blockchain games with live products. Low ownership means low demand, which makes the token easy to manipulate and hard to sell without massive losses.

Is MTRM at risk of being classified as a security?

Yes. The SEC’s 2023 framework for digital assets says tokens tied to unlaunched projects with promises of future profits can be classified as securities. Since MTRM is sold as a future reward for a game that doesn’t exist, regulators could argue it’s an investment contract. If that happens, exchanges may be forced to delist it, and U.S. investors could be blocked from buying it - which would likely crash the price.

What’s the difference between MTRM and GALA?

GALA is Gala Games’ main token, used across multiple games like Town Star and Mirandus. It has real utility today - you can use it to buy NFTs, boost rewards, or vote in governance. MTRM is only for Mirandus, which hasn’t launched. GALA has a market cap over $100 million and is traded on major exchanges. MTRM’s market cap is under $300,000 and is only on small platforms. GALA is a working token. MTRM is a promise.

10 Comments

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    Kelly McSwiggan

    November 15, 2025 AT 19:51

    Zero decimals? Bro, that’s not a feature, that’s a bug wrapped in a dumpster fire. You can’t even buy 0.5 MTRM. How’s that supposed to work in a game economy? This isn’t crypto, it’s a medieval barter system with gas fees.

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    Vanshika Bahiya

    November 17, 2025 AT 12:13

    Look, I get the FOMO. I really do. But MTRM isn’t an investment - it’s a patience test. You’re not buying a coin, you’re buying a seat at a concert that might never happen. If you’re gonna do it, treat it like lottery tickets: spend what you’re okay losing, and don’t check the price every hour. 🙏

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    Kandice Dondona

    November 19, 2025 AT 04:38

    Y’all are being way too harsh 😔 I mean, look at how far crypto has come - we went from Bitcoin being called a scam to whole nations adopting it. Maybe Mirandus is just slow? 🌱 Maybe it’s building something *real*? I’d rather believe in the dream than play it safe and miss out. 💫

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    Byron Kelleher

    November 20, 2025 AT 07:00

    Hey, I’m not saying it’s smart - but I get why people are still holding. I bought into Gala’s Town Star back in 2021, and it turned into something legit. Maybe Mirandus is just taking its time? I’d rather be early and patient than late and salty. 🤷‍♂️

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    Mandy Hunt

    November 22, 2025 AT 03:11

    They’re hiding the launch date because the game doesn’t exist and the devs are already in Belize. The SEC is gonna come in and shut this down and then they’ll say ‘oops we didn’t mean to sell unregistered securities’ and vanish with the ETH. I told you all this last week. You’re all gonna lose everything. I told you.

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    Anthony Forsythe

    November 22, 2025 AT 23:43

    Think about it - we live in a world where a monkey picture sells for millions, and yet we’re skeptical of a fantasy world built on blockchain? MTRM isn’t a token - it’s a covenant. A pact between dreamers and the void. It’s the sound of hope echoing in an empty cathedral. If Mirandus fails, we didn’t lose money - we lost the chance to believe in something bigger than profit. And isn’t that the real tragedy?

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    Becky Shea Cafouros

    November 22, 2025 AT 23:55

    Low volume, no utility, zero decimals, no roadmap. This isn’t crypto. This is a financial ghost town with a smart contract. I don’t even understand why anyone would waste their time.

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    Cherbey Gift

    November 24, 2025 AT 07:46

    Bro, MTRM is the crypto version of a love letter you wrote to someone who moved to Mars. You keep rereading it. You frame it. You whisper to it at night. But honey - they ain’t even there anymore. The rocket blew up in 2022. The airlock’s rusted. You’re not investing in a game. You’re investing in a ghost story written by a guy who still believes in unicorns. And that’s beautiful. And tragic. And kinda hot.

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    sandeep honey

    November 25, 2025 AT 04:15

    Why is no one talking about the fact that only 287 wallets interacted with the contract? That’s not a community - that’s a cult. And cults collapse when the prophet doesn’t show up. This isn’t speculation. This is delusion dressed in whitepaper.

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    Albert Melkonian

    November 25, 2025 AT 04:38

    While I appreciate the depth of analysis presented, I must emphasize that the fundamental issue with MTRM is not merely its technical design or liquidity constraints - but rather the absence of verifiable, time-bound deliverables. In traditional finance, such an asset would be classified as speculative at best and fraudulent at worst. The continued existence of this token on decentralized exchanges, absent any meaningful governance or development milestones, raises serious questions about the ethical obligations of platform operators. One must ask: Is the market facilitating innovation, or merely enabling wishful thinking? The answer may determine the future integrity of blockchain-based asset valuation as a whole.

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