Metacraft (MCTP) Token Explained: Definition, Features, Market Data & Risks

Metacraft (MCTP) Token Explained: Definition, Features, Market Data & Risks

Metacraft (MCTP) Token Analyzer

Token Overview

Symbol: MCTP

Max Supply: 1,000,000,000

Circulating Supply: ~800,000,000

Current Price Range: $0.20 - $0.51

All-Time High: $2.15 (May 2024)

All-Time Low: $0.1527 (May 2025)

Performance Metrics

24-Hour Volume: $110k - $560k

Market Cap: $158M - $165M

Volatility Index: 9% (High)

Price Change (30 Days): -70%

Community Sentiment: Bearish

Investment Risk Assessment

Risk Factors
  • Data Inconsistencies High
  • Ticker Overlap Medium
  • Limited Community Medium
  • Utility Constraints High
  • Liquidity Concerns High
Overall Risk Level

High Risk

This token behaves more like a speculative meme asset than a utility-driven cryptocurrency. It is recommended for experienced traders only.

Recommendation

Speculative

Not suitable for long-term holding. Suitable for short-term trading strategies with caution.

Token Utility Analysis

Core Use Cases
  • Fees for NFT minting and marketplace transactions
  • Staking for governance rights and fee sharing
  • INO launchpad funding mechanism
  • GameFi integration for in-game item NFTs
Limitations
  • Limited third-party integrations
  • Concentrated usage within MetaCraft ecosystem
  • No widespread DeFi or payment adoption

Multi-Chain Deployment

MCTP is deployed across multiple blockchains to serve diverse user preferences:

Blockchain Use Case Advantage
Polygon (MATIC) NFT minting Cheap gas fees
Ethereum High-value assets Security and stability
BSC Fast confirmations Large user base
OKC Asian market access Low fees
Metis DAO DeFi-oriented NFTs Specialized ecosystem

Ticker Confusion Alert

Three projects use the same ticker MCTP. Always verify the contract address:

Project Ticker Primary Chain Core Use-Case
Metacraft (NFT platform) MCTP Polygon / Multi-chain NFT creation & launchpad
Mumubit Token MCTP BSC / Ethereum IDO & DEX ecosystem
Metacraft (different token) MCT Ethereum General NFT utility

Always verify the contract hash on the official MetaCraft.pro website before any transaction.

Quick Takeaways

  • Metacraft (MCTP) is a multi‑chain token that fuels the MetaCraft.pro NFT creation suite.
  • It runs on Ethereum, Polygon, BSC, OKC and Metis DAO, with most activity on Polygon.
  • Maximum supply is 1billion, circulating about 800million as of late2024.
  • Price has swung from an all‑time high of $2.15 in May2024 to under $0.20 in early2025.
  • Ticker confusion with Mumubit (MCTP) and a separate Metacraft (MCT) token makes due‑diligence critical.

When you see the name Metacraft (MCTP) pop up in crypto news, you’re probably wondering whether it’s a legitimate investment or just another gimmick. Below is a no‑fluff deep‑dive that tells you exactly what the token does, how it fits into the broader NFT and GameFi landscape, and where the biggest red flags lie.

Metacraft (MCTP) is a multi‑blockchain cryptocurrency token that powers the MetaCraft.pro NFT creation platform. It trades under the ticker MCTP and targets the NFT, metaverse and GameFi ecosystems.

What Is the MetaCraft.pro Platform?

MetaCraft.pro is a comprehensive NFT‑creation suite that offers launchpads, marketplace tools and real‑world‑to‑metaverse bridges. The platform positions itself as an all‑in‑one solution for developers who want to mint NFTs, run Initial NFT Offerings (INOs) and connect virtual assets to real‑world use cases.

Key components include:

  • A white‑label NFT marketplace that can be embedded into existing sites.
  • An INO launchpad that lets projects raise funds by selling NFTs before public release.
  • DAO modules that let token holders vote on platform upgrades.
  • GameFi integrations that enable in‑game items to be minted as tradable NFTs.

The platform’s promise is simple: give developers a plug‑and‑play stack, backed by a native token that can be used for fees, staking and governance.

Tokenomics at a Glance

Metacraft (MCTP) has a hard‑capped supply of 1billion tokens. Approximately 800million are circulating, with the remainder reserved for ecosystem incentives, staking rewards and future development.

MCTP Tokenomics Snapshot (Oct2025)
MetricValue
Max Supply1,000,000,000 MCTP
Circulating Supply~800,000,000 MCTP
Current Price Range$0.20 - $0.51 (varies by exchange)
All‑Time High$2.15 (30May2024)
All‑Time Low$0.1527 (19May2025)
24‑Hour Volume$110k - $560k
Market Cap$158M - $165M (estimate)

Fees on the platform are paid in MCTP, giving the token a built‑in demand source. However, the token’s utility is limited to MetaCraft.pro’s ecosystem; there are no widely adopted third‑party use cases yet.

Why Multi‑Chain?

By deploying on several networks, the project hopes to capture users who prefer low fees (Polygon, OKC) or the security of Ethereum. Below are the chains that currently host MCTP contracts:

  • Polygon (MATIC) - primary chain for NFT minting due to cheap gas.
  • Ethereum - used for high‑value, security‑sensitive assets.
  • Binance Smart Chain (BSC) - provides a large user base and fast confirmations.
  • OKC (OKX Chain) - another low‑fee environment favored by Asian markets.
  • Metis DAO - targeted at DeFi‑oriented NFT projects.

The upside is that developers can pick the chain that best fits their cost and speed requirements. The downside is that users must juggle multiple wallets, gas structures and bridge risks.

Core Features of the Ecosystem

Beyond the token itself, the platform offers three pillars that shape its value proposition:

  1. INO Launchpad: Projects can sell NFTs before a public drop, raising capital while giving early buyers a stake in the future.
  2. NFT Marketplace: A white‑label solution that lets creators list, auction and royalty‑manage assets. NFT marketplace functionality is a direct revenue driver for MCTP fees.
  3. GameFi Integration: Partnerships with gaming studios (e.g., Enjinstarter, PlayPad) allow in‑game items to be minted as tradable NFTs, feeding the growing blockchain gaming sector.

These services aim to lock developers into the MetaCraft ecosystem, creating a feedback loop where more projects mean more token utility.

Market Performance & Volatility

Market Performance & Volatility

Data from several tracking sites shows extreme price swings. The token’s volatility index sits at about 9% over a 30‑day window, classifying it as “high”. Volume spikes often coincide with token‑burn announcements or new platform feature releases, but the lack of a consistent community narrative makes price prediction difficult.

Sentiment trackers label the token as “bearish” despite a Fear & Greed Index reading of 55 (neutral‑to‑greedy). The disconnect suggests that speculative traders dominate the order book, while long‑term holders remain skeptical.

Ticker Confusion - A Real Pitfall

One of the most common headaches for investors is that the MCTP ticker is shared by at least two unrelated projects:

Ticker Comparison (MCTP vs MCT)
ProjectTickerPrimary ChainCore Use‑CaseApprox. Price (Oct2025)
Metacraft (NFT platform)MCTPPolygon / Multi‑chainNFT creation & launchpad$0.20 - $0.51
Mumubit TokenMCTPBSC / EthereumIDO & DEX ecosystem$0.11 - $0.25
Metacraft (different token)MCTEthereumGeneral NFT utility$1.40 - $1.60

If you copy‑paste a wallet address without double‑checking the contract, you could end up sending funds to the wrong project. Always verify the contract hash on the official MetaCraft.pro website before any transaction.

How to Acquire and Store MCTP

Because the token lives on several networks, the purchase route depends on which chain you prefer:

  • On Polygon, MCTP is listed on decentralized exchanges such as QuickSwap and SushiSwap. You’ll need a Polygon‑compatible wallet (MetaMask, Trust Wallet) with some MATIC for gas.
  • On Binance Smart Chain, look for MCTP on PancakeSwap. BNB is required for transaction fees.
  • Centrally‑run exchanges occasionally add the token under the “MCTP” ticker, but liquidity is thin and spreads can be wide.

Once purchased, store the tokens in a non‑custodial wallet that supports the chain you used. Enable “custom token” and paste the contract address from MetaCraft.pro’s documentation to avoid fake tokens.

Risk Assessment & Red Flags

Before you allocate any capital, consider these factors:

  1. Data Inconsistencies: Market‑cap and circulating‑supply figures vary wildly across aggregators, hinting at possible reporting errors or low exchange integration.
  2. Ticker Overlap: As highlighted earlier, three projects share the same short code, which can lead to accidental swaps.
  3. Limited Community Presence: Major crypto forums and social platforms have little organic discussion about MCTP, suggesting low organic demand.
  4. Utility Constrained to One Platform: The token’s use cases are mostly internal. No third‑party DeFi or payment integrations have been announced.
  5. Liquidity Concerns: 24‑hour trading volumes under $600k mean large orders can cause price slippage.

For risk‑averse investors, the token currently behaves more like a speculative meme asset than a utility‑driven cryptocurrency.

What’s Next for Metacraft?

Public roadmaps are sparse, but the team has hinted at two upcoming milestones:

  • A cross‑chain bridge that would let users move MCTP between Polygon and BSC without a third‑party swap.
  • Beta launch of a VR‑compatible marketplace that ties in‑game assets from partnered GameFi titles.

If delivered, those upgrades could boost token demand. However, until the community sees tangible product releases, the token remains a high‑risk play.

Frequently Asked Questions

What blockchain does MCTP primarily run on?

While MCTP is deployed on several networks, the majority of NFT minting and marketplace activity occurs on Polygon due to its low transaction fees.

How can I verify I’m buying the real MCTP token?

Visit the official MetaCraft.pro website, copy the contract address listed for your chosen chain, and add it as a custom token in your wallet. Double‑check the address on a block‑explorer (Polygonscan, BscScan) before any transfer.

Is MCTP suitable for long‑term holding?

Given its limited utility outside the MetaCraft ecosystem, low liquidity, and high price volatility, most analysts rate MCTP as a short‑term speculative asset rather than a long‑term store of value.

What’s the difference between MCTP and the other MCT token?

MCTP belongs to the MetaCraft NFT platform and trades mainly on Polygon, while MCT (without the “P”) is a separate token that focuses on broader NFT utilities and trades at a higher price point. They have different contracts and ecosystems.

Can I stake MCTP for rewards?

Staking is offered only within the MetaCraft platform’s DAO module. Users lock MCTP to earn voting power and a share of platform fees, but the exact APY varies by the platform’s current revenue.

17 Comments

  • Image placeholder

    Danielle Thompson

    July 19, 2025 AT 23:21

    Great breakdown, definitely keep an eye on the multi‑chain fees! 🚀

  • Image placeholder

    Eric Levesque

    July 24, 2025 AT 08:21

    If you’re not buying MCTP, you’re missing out on the real American crypto wave!

  • Image placeholder

    alex demaisip

    July 28, 2025 AT 17:21

    From a systems‑theoretic perspective, the token’s architecture exhibits a bifurcated liquidity model that is inherently susceptible to cross‑chain arbitrage inefficiencies. The heterogeneous gas fee regimes across Polygon, BSC, and Ethereum generate a stochastic variance in transaction cost that undermines price discovery. Moreover, the circulating‑supply metric lacks a transparent vesting schedule, which introduces a provenance ambiguity detrimental to market cap calculations. The tokenomics documentation fails to articulate a robust deflationary mechanism, thereby limiting the incentive alignment for long‑term holders. In the context of macro‑economic volatility, the 9% 30‑day volatility index classifies MCTP as a high‑risk speculative instrument. The paucity of third‑party integrations constrains network effects, rendering the utility sphere narrowly confined to the MetaCraft enclave. Empirical data from on‑chain analytics indicate a liquidity depth below $600k, implying that order‑book slippage will be pronounced for institutional‑scale trades. The multi‑chain deployment, while theoretically advantageous for user segmentation, imposes additional bridge risk vectors that are rarely quantified in the disclosed risk assessment. The overlapping ticker issue exacerbates custodial errors, a non‑trivial operational hazard for nascent investors. Consequently, the risk‑reward calculus skews heavily toward downside exposure absent a clear roadmap for ecosystem expansion. The governance framework, predicated on token staking, offers voting rights but lacks a measurable impact on protocol upgrades, questioning the efficacy of stakeholder participation. Lastly, the market sentiment metrics label the token as bearish despite a Fear & Greed Index reading of 55, suggesting a discord between perceived market optimism and actual trading behavior.

  • Image placeholder

    Elmer Detres

    August 2, 2025 AT 02:21

    Interesting points on the liquidity depth; it really highlights how fragile the whole ecosystem feels when you step back and look at the bigger picture.

  • Image placeholder

    Tony Young

    August 6, 2025 AT 11:21

    🔥 The drama of MCTP’s price swing reads like a blockbuster – highs that make you gasp, lows that make you cringe. If you’re riding the wave, brace for the next twist! 🔥

  • Image placeholder

    Fiona Padrutt

    August 10, 2025 AT 20:21

    Look, the token’s got the American spirit of daring – jump in now or watch the opportunity slip away!

  • Image placeholder

    Briana Holtsnider

    August 15, 2025 AT 05:21

    The data inconsistencies alone are a red flag-this token feels like a house of cards built on shaky foundations.

  • Image placeholder

    Corrie Moxon

    August 19, 2025 AT 14:21

    Even with the risks, there’s a spark of potential; staying optimistic could turn a modest gain into something bigger.

  • Image placeholder

    Jeff Carson

    August 23, 2025 AT 23:21

    From a cultural lens, the cross‑chain approach mirrors how diverse communities converge in digital art-there’s a fascinating synergy at play.

  • Image placeholder

    Anne Zaya

    August 28, 2025 AT 08:21

    Cool read, the multi‑chain stuff is definitely something to watch.

  • Image placeholder

    Emma Szabo

    September 1, 2025 AT 17:21

    Wow, the token’s journey feels like an adventure novel-colorful twists, daring stakes, and a dash of mystery that keeps you turning the pages.

  • Image placeholder

    Fiona Lam

    September 6, 2025 AT 02:21

    Honestly, the whole MCTP hype is overblown-people are just chasing the next meme without substance.

  • Image placeholder

    OLAOLUWAPO SANDA

    September 10, 2025 AT 11:21

    Why bother with MCTP when you could just invest in real assets? This feels like a distraction.

  • Image placeholder

    Alex Yepes

    September 14, 2025 AT 20:21

    In consideration of the prevailing market dynamics, an analytical approach suggests exercising caution before allocating capital to a token constrained by limited utility and volatile liquidity.

  • Image placeholder

    Sumedha Nag

    September 19, 2025 AT 05:21

    Honestly, I think everyone’s just overthinking it-just skip the hype and move on.

  • Image placeholder

    Holly Harrar

    September 23, 2025 AT 14:21

    Hey! If you’re new, double checK the contract address on the official site before you buy – it saves a lotta headaches.

  • Image placeholder

    Vijay Kumar

    September 27, 2025 AT 23:21

    Stay energized, folks! Keep an eye on those bridge updates – they could be the key to unlocking real momentum.

Write a comment