Matr1x Fire (FIRE) Price

$0.0045097911

Matr1x Fire (FIRE) Price Today

The live price of Matr1x Fire is 0.0045097911 USD. In the past 24 hours, the trading volume of Matr1x Fire was 350.6K USD, up by 1.11%. The current price has decreased by 0% from its 7-day high of - USD, and increased by 0% from its 7-day low of - USD. With a circulating supply of 165,646,718.00 FIRE, the market cap of Matr1x Fire is currently 300.9K USD, down by -97.76% in the last 24 hours. Matr1x Fire currently ranks #2583 by market capitalization among cryptocurrencies.

Matr1x Fire (FIRE) Market Data

Market Cap

$300.9K

24h Volume

$350.6K

Circulating Supply

66.7M FIRE

Maximum Supply

Fully Diluted Market Cap

$747K

Liquidity Indicator

116.51%

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About Matr1x Fire (FIRE)

What Is Matr1x Fire (FIRE) and How Does It Work?

Matr1x Fire (FIRE) is the native token powering Matr1x, a next-generation Web3 mobile shooter that blends fast-paced gameplay with blockchain technology. Built on the Polygon network, the project introduces a play-and-earn model where gaming achievements are tied directly to token rewards, NFTs, and community participation.

At its core, FIRE functions as both a utility and governance asset. Players use FIRE to purchase in-game upgrades, craft weapons, mint character skins, and unlock exclusive NFTs. It also plays a role in ecosystem governance, allowing holders to influence game development decisions. To enhance scarcity, the project employs a token burn mechanism, gradually reducing the supply of FIRE based on in-game activity and ecosystem milestones.

The Matr1x ecosystem is designed as a metaverse-driven franchise, combining competitive eSports elements, NFT integrations, and social features. By tying gameplay to FIRE, it creates an economic loop where gaming activity fuels demand for the token, while the token itself supports ongoing development and player engagement.

When Did Matr1x Fire Launch?

Matr1x Fire (FIRE) is the pioneering mobile FPS shooter within the Matr1x ecosystem, developed by a core team including CEO Mike Li and CTO Haden He, along with key contributors like Marketing Director Fiona Lu, Game Director Jing Xu, and Blockchain Engineer Kaiqin Wang.

The project was founded in 2022 and went through multiple development stages: a test-launch (pre‑alpha) began in late 2022, followed by alpha and beta phases through 2023. The official beta launch occurred in early 2024, and Matr1x Fire officially premiered on mobile in mid‑2024, becoming the first fully released shooting game in the Matr1x metaverse.

Matr1x Fire Roadmap Highlights

- 2021 Q4 – 2022 Q1: Concept development and seed funding

- 2022 Q2: Release of the Matr1x Fire game demo

- 2022 Q3 – 2023 Q2: Website launch, whitepaper lite, concept video, pre‑alpha testing

- 2023 Q1 – Q3: NFT launches, community events, alpha testing

- 2024 Q1 – Q2: Beta test and official release on Android/iOS, launch of website 3.0, NFT marketplace, in‑house wallet, and token (FIRE) listing

- 2024 Q2 – Q4: Major game updates, creator community programs, PC version release

- 2025 Q1 – Q2: Announced Asset Editor and Matr1x platform client, M1‑CHAIN ecosystem tools (wallet, bridge, DEX); Q2: EVERMOON official test launched

- 2025 Q3 – Q4: Matr1x Battle official test (Q3); expanded mini‑game brand announced (Q4)

- 2026 and beyond: Planned launch of 1–2 major new games and 5–10 smaller titles annually

What Is the FIRE Token Utility?

The FIRE token is the backbone of the Matr1x gaming ecosystem, serving as both a utility and governance asset. Within the Matr1x Fire mobile shooter, FIRE is used for in-game purchases such as weapon upgrades, character skins, NFT minting, and marketplace trading.

Beyond gameplay, FIRE supports the metaverse economy by enabling participation in tournaments, staking, and community reward programs. Holders can also influence ecosystem development through governance votes, while the project’s token burn mechanism helps reduce supply over time and drive long-term scarcity.

You can trade FIRE tokens easily on BingX through the spot market, where you buy or sell FIRE directly against USDT with low fees. For a faster option, use BingX Convert to instantly swap FIRE with other major cryptocurrencies in just one click.

What Is Matr1x Fire Tokenomics?

Matr1x Fire (FIRE) operates on a capped total supply of 1 billion tokens, with a built-in burn mechanism designed to gradually reduce that supply, potentially down to 500 million over time.

FIRE Token Allocation

- Team: 25 million FIRE (2.5% of total). Locked for 12 months, then linearly unlocked over 36 months.

- Community: 30 million FIRE (3.0%). Also locked for 12 months and then released linearly across 36 months.

- Ecosystem: 120 million FIRE (12.0%). This allocation supports liquidity, airdrops, early game bonuses, etc. A small tranche (about 6.6 million) was released at launch (TGE), with the rest disbursed as needed.

- Mining in Game (Play-to-Earn mechanisms): ~825 million FIRE (82.5%). These are issued dynamically as gameplay rewards, through tournaments, NFT staking, missions, etc.

- Token Burn Mechanism: Any FIRE spent within the game (e.g., on avatar upgrades, case openings, crafting) is permanently burned, reducing circulating supply.

Matr1x Fire (FIRE) FAQs

What Blockchain Network Does Matr1x Fire Operate on?

Matr1x Fire (FIRE) operates on the Polygon blockchain, a Layer-2 scaling solution for Ethereum that offers low fees, high transaction speeds, and broad compatibility with wallets like MetaMask. By building on Polygon, Matr1x ensures seamless integration of in-game assets, NFTs, and token transactions, giving players a cost-efficient and scalable gaming experience.

What Wallets Support FIRE Tokens?

The easiest and most secure way to store your FIRE tokens is directly on BingX. By keeping FIRE in your BingX account, you can seamlessly trade on the spot market, use advanced tools like copy trading or bots, and access BingX Earn products for passive income opportunities. BingX also offers strong security features including two-factor authentication (2FA), cold storage reserves, and proof-of-reserves verification, ensuring your FIRE holdings remain safe while staying liquid for trading.

For users who prefer self-custody, FIRE tokens can also be stored in any wallet that supports the Polygon (ERC-20) standard. Popular choices include MetaMask, Trust Wallet, and Base App, all of which allow you to import the FIRE contract address to manage tokens. Hardware wallets like Ledger or Trezor provide additional offline protection for long-term storage. These options give you full control over your private keys while still allowing participation in DeFi platforms, NFT marketplaces, and in-game activities within the Matr1x Fire ecosystem.

How to Add FIRE Token to MetaMask

To add Matr1x Fire (FIRE) to MetaMask, open your wallet, select the Polygon network, and click “Import Tokens.” Enter the official FIRE contract address from a trusted source such as CoinMarketCap or CoinGecko, then add the token symbol (FIRE) and decimals if not auto-filled. Once confirmed, your FIRE balance will appear in MetaMask, allowing you to send, receive, and interact with the token across supported dApps.

Is Matr1x Fire (FIRE) a Good Investment?

Matr1x Fire (FIRE) appeals to investors as it combines the fast-growing Web3 gaming sector with a robust token economy built on the Polygon network. Its value is driven by strong in-game utility, covering purchases, upgrades, NFT integration, and governance, alongside a deflationary burn mechanism designed to reduce supply over time. With a dedicated development team, an expanding roadmap of new games, and increasing adoption in the play-to-earn space, FIRE has the potential to capture long-term demand as both a gaming currency and a speculative digital asset.

Information source

Official Website

Matr1x Fire (FIRE) Price Converter

FIRE to USD

1 FIRE = $ 0

FIRE to VND

1 FIRE = ₫ 118.91

FIRE to EUR

1 FIRE = € 0

FIRE to TWD

1 FIRE = NT$ 0.13

FIRE to IDR

1 FIRE = Rp 73.74

FIRE to PLN

1 FIRE = zł 0.01

FIRE to UZS

1 FIRE = so'm 55.53

FIRE to JPY

1 FIRE = ￥ 0.66

FIRE to RUB

1 FIRE = ₽ 0.36

FIRE to TRY

1 FIRE = ₺ 0.18

FIRE to THB

1 FIRE = ฿ 0.14

FIRE to UAH

1 FIRE = ₴ 0.18

FIRE to SAR

1 FIRE = ر.س 0.01

Matr1x Fire Price Converter

How to Buy Matr1x Fire (FIRE)

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Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade Matr1x Fire FIRE and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy FIRE Guide

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Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

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