MAX: price, market cap and how it did against Bitcoin
Bottom line
MAX closed at $0.2274 on 4 November 2026, with a market capitalisation of $15.1M (rank 1000) on 5 November 2026. On 30 October 2026 it was below its 200-day average of $0.27, which is falling. Over 90 days it is 36.5 percentage points behind Bitcoin. Exchange Tokens as a theme is -10.3% against Bitcoin over 13 weeks.
Price
$0.2274
as of 2026-11-04
Market cap
$15.1M
snapshot 2026-11-05
vs Bitcoin · 90d
−36.5 pts
as of 2026-10-30
30-day median volume
—
as of 2026-10-30
What it is · from the data we hold
What is MAX?
MAX is a crypto token that CoinGecko lists under exchange-based tokens and centralized exchange (CEX) token. We place it in the Exchange Tokens theme, with 24 coins. Its highest daily close since 12 November 2021 was $0.429 on 17 March 2024; its lowest was $0.1881 on 27 September 2023.
01 · the tape, against its benchmark
How has MAX moved against Bitcoin?
MAX is -31.9% over one year, -13.3% over 90 days and -10.7% over 30 days. Annualised 30-day volatility is 14%. Its deepest fall from a high inside the last 90 days is 15%. It trades below its 200-day average, which is falling.
MAX · rebasedBitcoinExchange Tokens · equal weight
All three lines rebased to 100 at the first week each has data. Bitcoin is the opportunity-cost benchmark for crypto risk; the theme line is its equal-weight index of current rated members.
02 · returns, volatility and drawdown
What do MAX's returns and risk look like?
7 days-5.2%
30 days-11%
90 days-13%
180 days-20%
1 year-32%
30-day volatility14% annualised
Deepest 90-day fall15%
200-day average$0.27 · below · falling
50-day average$0.2527
03 · what the protocol actually earns
Does MAX generate fees or revenue?
No protocol fee, revenue, TVL, user, DEX-volume or transaction series is published for MAX, so this page shows none rather than inventing one. That is the normal case in crypto: fewer than one coin in seven has any of it.
04 · exact additive research priority
What does the evidence say about MAX?
MAX is not rated this week, so it carries no score and no rank inside Exchange Tokens. The four displayed point contributions add exactly to the total; missing evidence pulls only the affected factor toward neutral and lowers its stated coverage. It ranks research attention within one theme, never portfolio action, and it is not comparable across themes.
Not rated this week, and why
No traded volume is reported on most of the last 30 days, so it has no liquidity reading.
Its price history is still shown above in full. A missing reading is not a middling reading, so no score is invented for it and it takes no rank inside Exchange Tokens.
No valuation section exists on this page, for any coin. There is no company-style P/E or PEG for a token, and historical market capitalisation is not held at all, only a dated current snapshot, so no ten-year valuation band can be built honestly. Where a protocol publishes fees or revenue, the yield against that dated snapshot is shown above instead.
05 · the theme it competes in
How does MAX compare with other Exchange Tokens coins?
MAX is one of 24 Exchange Tokens coins here, 18 of which carry enough evidence to be rated and ranked. MAX is not among them this week, for the reason stated above. The table below is the theme's own scorecard, in its own order, with this coin marked.
The Exchange Tokens scorecard in its own order, with this coin marked. Scores are within-theme and are not comparable with coins in another theme. See the full Exchange Tokens page.
Which crypto lists is MAX on?
MAX is on one of our crypto lists: Altcoins. Every coin we track is in the full ranking on Cryptocurrencies by market cap. List membership comes from CoinGecko's categories and market-cap rank, never from a hand-picked list.
Next to it by size · every coin with a page
Which coins are closest to MAX in market cap?
MAX is number 517 by market cap among the 604 coins with a page on this site. The 4 just larger and the 4 just smaller are listed here, each with its theme, so the comparison crosses themes. Market cap is the snapshot dated 2026-11-05.
This page names 5 ways its own evidence about MAX can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Price runs through 2026-11-04; market capitalisation is a separate snapshot dated 2026-11-05.
Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
No valuation band exists for any coin: historical market capitalisation is not held at all.
Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.
Price and technicalsPrice through 2026-11-04; moving averages and returns through 2026-10-30, from exchange closes; moving averages are computed, never scraped.
Protocol activityNone published for this token.
Market capSnapshot dated 2026-11-05; no historical supply series is implied.
Decision useResearch priority within one theme. Not entry, exit, sizing or leverage instructions.
Questions the page should answer directly
Crypto analysis FAQs
These 7 answers cover the questions this page can settle from data it holds: what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.
What is MAX?
MAX is a crypto token that CoinGecko lists under exchange-based tokens and centralized exchange (CEX) token. We place it in the Exchange Tokens theme, with 24 coins. Its highest daily close since 12 November 2021 was $0.429 on 17 March 2024; its lowest was $0.1881 on 27 September 2023.
What is the market cap of MAX?
MAX's market capitalisation is $15.1M, ranking it 1000 in the top-1,000 crypto universe, read on 5 November 2026. It is refreshed separately from the daily price.
Is MAX beating Bitcoin?
Over 90 days MAX is 36.5 percentage points behind Bitcoin: its own return minus Bitcoin's. Its theme, Exchange Tokens, is -10.3% against Bitcoin over 13 weeks. MAX trades below its 200-day average as of 4 November 2026.
What is MAX's highest price?
The highest daily close we hold for MAX is $0.429, on 17 March 2024, in records from 12 November 2021. The lowest is $0.1881, on 27 September 2023. The close on 4 November 2026, $0.2274, is 47% below that high.
Does MAX have a P/E ratio?
No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.
Why is MAX not rated?
No traded volume is reported on most of the last 30 days, so it has no liquidity reading. It stays on the site with its price history visible, because a missing reading is not a middling reading and a made-up score would be worse than none.
How much MAX history does this page show?
Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics MAX actually publishes. No protocol fee, revenue, TVL or user series is published for this token, so none is shown.