# Metaplex (MPLX) — crypto price, market cap and strength versus Bitcoin

> Metaplex trades at $0.0232 with a market capitalisation of $23.2M (rank 756). Over 90 days it is +13.6% against Bitcoin and sits below its 200-day average. Gaming as a theme is -8.2% against Bitcoin over 13 weeks. Price readings run through 2026-07-31.

## Agent research brief

- What this coin is: Metaplex (MPLX), a Gaming token of $23.2M at market-cap rank 756. On-chain activity is sourced from protocol.
- What the tape says: +13.6% versus Bitcoin over 90 days; below its 200-day average. Gaming as a theme is -8.2% against Bitcoin over 13 weeks.
- What the evidence supports: 57.2/100 inside Gaming on 86% evidence (72% of it native activity). Cheap on network economics while activity contracts: investigate value-capture trap risk.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Metaplex does publish network fees, protocol revenue.

Theme: Gaming (/mla/crypto/sector/gaming). Price 2026-07-31; market-cap snapshot 2026-07-04.

## Price, returns and risk

Metaplex is -86.4% over one year, -6.5% over 90 days and +13.4% over 30 days. Annualised 30-day volatility is 264%. Its deepest fall from a high inside the last 90 days is 54%. It trades below its 200-day average, which is falling.

- Price: $0.0232
- Market cap: $23.2M (rank 756)
- Returns: 7d -2.3%; 30d +13%; 90d -6.5%; 180d -16%; 1y -86%
- RS versus Bitcoin, 90d: +14%
- 30-day volatility: 264% annualised; deepest 90-day fall 54%
- 200-day average: $0.0287, trading below it

## Protocol economics

Metaplex publishes 2 of the six network-economics series this site tracks: network fees, protocol revenue. Network fees over the last four complete quarters is $11.9M. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter.

- Network fees: trailing four quarters $11.9M; change -53%; covered 12/20 quarters
- Protocol revenue: trailing four quarters $11.9M; change -53%; covered 12/20 quarters

## Research score

Metaplex: 57.2/100 — Illiquid · research only; 22.3 + 11.0 + 18.6 + 5.3 = 57.2; evidence 86%; native evidence 72%; rank 4 of 36 rated Gaming coins
Decision use: Cheap on network economics while activity contracts: investigate value-capture trap risk.
This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Gaming scorecard

Metaplex is one of 43 Gaming coins here, 36 of which carry enough evidence to be rated and ranked. Metaplex ranks 4 of those 36 on 86% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. Capybobo (PYBOBO): score 62; evidence 43%; Illiquid · research only
- 2. GoMining Token (GOMINING): score 61.7; evidence 50%; Tape-led · on-chain proof incomplete
- 3. Alien Worlds (TLM): score 59.8; evidence 55%; Tape-led · on-chain proof incomplete
- 4. Metaplex (MPLX) [this coin]: score 57.2; evidence 86%; Illiquid · research only
- 5. Rollbit Coin (RLB): score 57.1; evidence 50%; Illiquid · research only
- 6. CROSS (CROSS): score 56.9; evidence 50%; Illiquid · research only
- 7. B3 (Base) (B3): score 55.2; evidence 50%; Tape-led · on-chain proof incomplete
- 8. Hamster Kombat (HMSTR): score 54.4; evidence 50%; Tape-led · on-chain proof incomplete
- 9. Incrypt (INC): score 52.4; evidence 50%; Illiquid · research only
- 10. Gama Token (GAMA): score 52.3; evidence 50%; Illiquid · research only
- 11. DEAPCOIN (DEP): score 52.1; evidence 50%; Illiquid · research only
- 12. Nexpace (NXPC): score 52.1; evidence 50%; Tape-led · on-chain proof incomplete
- 13. Decentraland (MANA): score 50.6; evidence 50%; Tape-led · on-chain proof incomplete
- 14. Four (FORM): score 48.4; evidence 12%; Illiquid · research only
- 15. GMT (GMT): score 48.1; evidence 12%; Illiquid · research only
- 16. SuperVerse (SUPER): score 47.5; evidence 17%; Illiquid · research only
- 17. Smooth Love Potion (SLP): score 46.5; evidence 50%; Illiquid · research only
- 18. ApeCoin (APE): score 45.7; evidence 55%; Illiquid · research only
- 19. Axie Infinity (AXS): score 45.1; evidence 86%; Mixed · market gate closed
- 20. WEMIX (WEMIX): score 44.8; evidence 55%; Illiquid · research only
- 21. Hunt (HUNT): score 44.4; evidence 50%; Illiquid · research only
- 22. SKALE (SKL): score 42.8; evidence 50%; Tape-led · on-chain proof incomplete
- 23. The Sandbox (SAND): score 42.2; evidence 50%; Tape-led · on-chain proof incomplete
- 24. Adshares (ADS): score 41.5; evidence 50%; Illiquid · research only
- 25. Hive (HIVE): score 40.7; evidence 50%; Illiquid · research only
- 26. Catizen (CATI): score 40.2; evidence 50%; Illiquid · research only
- 27. Unipoly (UNP): score 38.7; evidence 50%; Illiquid · research only
- 28. GALA (GALA): score 38.1; evidence 50%; Tape-led · on-chain proof incomplete
- 29. Big Time (BIGTIME): score 36.1; evidence 50%; Tape-led · on-chain proof incomplete
- 30. WAX (WAXP): score 36; evidence 55%; Illiquid · research only
- 31. Somnia (SOMI): score 35.9; evidence 50%; Tape-led · on-chain proof incomplete
- 32. Enjin Coin (ENJ): score 35.3; evidence 50%; Illiquid · research only
- 33. Yield Guild Games (YGG): score 34.6; evidence 50%; Tape-led · on-chain proof incomplete
- 34. BORA (BORA): score 33.7; evidence 50%; Illiquid · research only
- 35. Beam (BEAM): score 27.4; evidence 65%; Illiquid · research only
- 36. Illuvium (ILV): score 26.4; evidence 86%; Illiquid · research only

## Limitations

- 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.

## FAQs

### What is Metaplex (MPLX)?

Metaplex is a Gaming cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 43 Gaming coins on this site. Readings are as of 2026-07-31.

### What is the market cap of Metaplex?

Metaplex's market capitalisation is $23.2M, ranking it 756 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is Metaplex beating Bitcoin?

Metaplex is +13.6% against Bitcoin over 90 days, and its own theme, Gaming, is -8.2% over 13 weeks. It trades below its 200-day average as of 2026-07-31.

### Does Metaplex 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.

### What is Metaplex's research score?

57.2/100 within Gaming, ranked 4 of 36 rated Gaming coins, on 86% evidence: 22.3 + 11.0 + 18.6 + 5.3 = 57.2. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action.

### How much Metaplex 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 Metaplex actually publishes. Here that is network fees, protocol revenue.

### Does Metaplex generate network fees?

Metaplex's trailing twelve-month network fees is $11.9M, down 52.8% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.