$0.37
Price (USD)
$17.65 M
Market Cap (USD)
$23.22 M
Volume (24h)
47.98 M
CIRCULATING SUPPLY (MTL)

Performance Summary

Percentile Ranking (0-100)

37
Root Rank
46
social
34
usage
53
price performance
14
development

MACD

Description

Metal is a blockchain-based system utilizing Proof-of-Processed-Payments to identify users, rewarding them for converting legacy fiat currency into cryptocurrency. It is a system similar to bitcoin but with a user-friendly interface and front-end that is similar to Venmo, Square or PayPal. Metal can act as a bridge to bitcoin or any cryptocurrency available. Many small businesses across the world prefer to only accept cash. However, in an increasingly cashless society, refusing to accept digital and card payments can be problematic. Put simply, Metal believes cash only businesses can benefit by adopting cryptocurrency as a new new form of cash, as cryptocurrencies possess many of the same properties particularly around privacy, censorship resistance and fungibility. In order to bring digital payments into a world that utilizes blockchain-based technology over some traditional banking rails, Metal expects to save consumers 4-5% on all purchases.

Quantitative Performance

34 usage
23 metcalfe correlation 0
27 metcalfe exponent 0
19 normalized metcalfe 0
16 daily transactions 0
88 trading volume $ 4.4 M
14 development
12 github stargazers 0
14 github forks 0
25 github open issues 0
10 github contributors 0
10 github contributions 0
53 price performance
55 alpha -0.005
50 sortino -0.212
45 sharpe -0.155
41 treynor -0.024
35 upside 78.337
79 downside -125.121
49 upside / Downside 0.626
67 marketcap $ 20.99 M
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