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Home » Blog » What Is Metaplex (MPLX)? Complete Guide & Review About Metaplex
CryptoCurrencies

What Is Metaplex (MPLX)? Complete Guide & Review About Metaplex

Cws Team
Last updated: 08/10/2025 10:06 PM
Cws Team
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is Metaplex (MPLX)? Complete Guide & Review About Metaplex
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What Is Metaplex (MPLX)?

Metaplex Studios, ecosystem, and community have been moving quickly to support the thousands of developer teams and creators looking to launch their NFT projects on Solana. In response to feedback, we’ve created tools like Candy Machine v2™, to help mint and sell thousands of NFTs for NFT collections and/or common profile picture projects you all know and love. We’ve also been hard at work creating primitives, recipes, and extensible storefronts that developers and creators alike can use.

Contents
  • What Is Metaplex (MPLX)?
  • Metaplex Storage Key Points
    • MPLX Price Live Data
    • The World’s Fastest Growing Web3 Creator Platform
    • Built for Builders
      • Open Source & Free to Use
      • Trusted by the Best
      • A Canvas to Build
    • Token Standard
    • Token Entangler
    • The Fungible Asset Standard​
    • The Non-Fungible Standard​

Metaplex Coin is a collection of tools, smart contracts, and more designed to make the process of creating and launching NFTs easier. While initially focused on supporting the needs of the arts and entertainment industry our plans extend far beyond that to all use cases where an NFT may add value.

Metaplex Storage Key Points

Coin BasicInformation
Coin NameMetaplex
Short NameMPLX
Total Supply1,000,000,000
Max Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

MPLX Price Live Data

The live Metaplex price today is $0.604001 USD with a 24-hour trading volume of $6,527,000 USD. They update MPLX to USD price in real-time. This is down 29.26% in the last 24 hours. The current CoinMarketCap ranking is #2679, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 MPLX coins.

If you would like to know where to buy Metaplex at the current rate, the top cryptocurrency exchanges for trading in stock are currently Bybit, FTX, CoinW, KuCoin, and Huobi Global. You can find others listed on crypto exchanges page.

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The World’s Fastest Growing Web3 Creator Platform

More power to you, and no gatekeepers. With over 17M NFTs minted, Metaplex has fueled of one of the fastest-growing markets in history with over $3B+ in commerce and $1B+ in revenue generated directly for creators through smart contracts.

Built for Builders

Open Source & Free to Use

With the sub-second speed and affordability of Solana, This is the free-to-use, open source NFT standard and protocol with ecosystem-wide support.

Trusted by the Best

Thousands of creators, builders and “blue chip” projects rely on Metaplex to launch and grow their businesses.

A Canvas to Build

The Metaplex Coin toolkit enables limitless creation of customized NFT experiences. Build and innovate for the future collector experience.

Token Standard

As token usage has evolved on Solana, it has become clear that there are more types of tokens than simply “fungible” and “non-fungible” tokens. An example is something the community is calling a “semi-fungible token“, an SPL token with a supply greater than 1 but which has typical NFT attributes such as an image and an attributes array in the JSON metadata.

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The consensus seems to be that these should be stored in wallets in the same view as standard NFTs, or in their own view but separate from “standard” fungible SPL tokens. These tokens are becoming popular in gaming contexts to support fungible items such as a kind of sword or a piece of wood, etc. but which are in a different league from typical fungible SPL tokens such as USDC.

Token Entangler

Metaplex’s Token Entangler program is pulled straight out of quantum mechanics! It enables you to entangle two NFTs together and make it so only one can exist in the wild at a time (and can always be exchanged with the entangled NFT). This could be useful to ‘de-rug’ projects by replacing all the rugged NFTs with a new non-rug set.

The Fungible Asset Standard​

These are fungible tokens with more extensive metadata and supply >= 0. An example of this kind of token is something the community has been calling “semi-fungible tokens” often used to represent a fungible but attribute-heavy in-game item such as a sword or a piece of wood.

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The Non-Fungible Standard​

These are the “standard” non-fungible tokens the community is already familiar with and have both a Metadata PDA and a Master Edition (or Edition) PDA. Examples of these are Solana Monkey Business, Stylish Studs and Thugbirdz.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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