MATRIX
MATRIX
Fraudulent Token
AI Analysis
Comprehensive evaluation of the token
MATRIX (CoinGecko ID: matrix-3) is an abandoned and defunct ERC-20 meme token on Ethereum. Active Development and Community Support received scores of -1.0 due to project abandonment, lack of active repositories, and absence of functional community channels, and were excluded from the weighted score calculation. Across the remaining sections, the project exhibits catastrophic fundamentals: Tokenomics (1.0/10), Market and Use Case (0.5/10), Team and Governance (0.5/10), and Security and Audit History (0.5/10). The deployers executed a developer rug pull and abandoned the project, followed by a failed informal community takeover on November 24, 2024. The token possesses no utility, active governance, or audited contracts, and trades with extreme illiquidity following a ~98.3% unrecovered price collapse from its peak.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About MATRIX (MATRIX)
MATRIX (MATRIX) is an abandoned and defunct meme token on the Ethereum blockchain that ceased operations following a developer rug pull. Deployed as an ERC-20 token with a fixed total supply of 100 billion fully circulating tokens and a 0% transaction tax, the asset was created without technological utility, formal governance frameworks, or planned ecosystem mechanisms.
The project was created by anonymous developers who subsequently executed an exit and abandoned the contract. Following the developer departure, an informal community takeover was attempted on November 24, 2024, but it failed to establish operational governance, active social channels, or ongoing software development. The smart contract has never undergone a formal security audit by any recognized cybersecurity firm.
MATRIX currently trades under conditions of extreme illiquidity and holder concentration, with roughly 26.36% of the circulating supply held in a Uniswap V2 liquidity pool across a holder base of fewer than 800 wallets. Following its peak of $0.00001737 on November 26, 2024, the token suffered an unrecovered price collapse of approximately 98.3%, accompanied by near-zero trading activity and complete operational stagnation.