Gate News Bot news, June 26, according to CoinMarketCap data, as of the time of writing, MAT (Matchain) is currently priced at 0.56 USD, with a 24-hour fall of 41.76%, reaching a high of 6.67 USD and a low of 0.54 USD. The current market capitalization is approximately 4.0649 million USD, a decrease of about 2.9142 million USD compared to yesterday. MAT is currently in the crypto assets market.

Gate News bot message, according to the official announcement from Gate on June 19, 2025: Gate will launch the MAT perpetual contract spot trading on June 19, 2025, at 20:05 ( UTC+8, with trading settled in USDT. The contract will support 1-20 times leverage trading, allowing users to go long and short, with specific leverage multiples to be chosen by the user at the time of placing the order.

In 2024, the on-chain and market activities of first-layer blockchain networks such as Ethereum, Solana, and Bitcoin will significantly decrease due to the challenges they face, resulting in a decline in total fees and token performance. Researchers at Coin Metrics point out that the return rate of L1 Tokens falls below 50%, and the decrease in volume leads to a decrease in total fees.

According to the Gate News bot, the announcement from the Gate platform on June 17, 2025: Gate will launch Matchain( trading for MAT) spot trading at 20:00 (UTC+8) on June 19, 2025, supporting the MAT/USDT trading pair. MAT is an AI public chain project focused on identity and data sovereignty, introducing over 500 million users to global IP partners through MatchID. At the same time, Gate will launch a 20-day MAT token mining event, from June 19, 2025, 20:00 to July 9, 2025, 20:00 (UTC+8). Users can participate in the Launchpool by staking BTC, ETH, and MAT, with a total of 40,000 MAT tokens being distributed to participating users based on their staking ratio every hour. The MAT token is developed based on the ERC-20 standard, with a total supply of 100 million pieces, of which 19% is the initial supply, 21% is allocated to the super pool, and 60% is used for future mining rewards. The contract address is 0x44a83a012B926853DFc1BBE2ec5BEf37126067e8.

Gate News bot news, according to the official announcement from Gate on May 30, 2025, My Master War Token (MAT) has completed its token trading symbol renaming, and the new trading symbol is MASTERWAR. This renaming only involves a change in the trading symbol and does not involve blockchain replacement or migration. Gate will open the withdrawal service for MASTERWAR after completing the Token listing review. The new trading symbol MASTERWAR will inherit all functions and uses of the original MAT Token, and users can check the relevant balance changes in the billing details.

Gold has become the preferred safe-haven asset against the backdrop of a 46% surge, with a surge in physical Delivery demand leading to severe short squeezes. Matrixdock's Gold Token XAUm combines gold with Blockchain technology, solving the financial trust problem through physical gold reserves and Smart Contract, supporting physical gold Delivery demand in Singapore and Hong Kong.

Jinse Finance reported that BTC's scaling network Mezo has announced the launch of the basic Testnetmatsnet Alpha. This Testnet will support users in creating and trading memes and earning "mats" in the Mezo Meme market. Users can convert mats to matsnet BTC and use matsnet.

According to community news, Shaw, the founder of ai16z, said that the AI meme coin Mat LevAIn is not released by his team, but based on the framework of ai16z. This news may have caused the Market Cap of Token ai16z to fall from $260 million to $126 million in the past 3 hours, with a 23.05% fall in the past 24 hours.