Metakings (MTK) was supposed to be the next big thing in play-to-earn gaming. A blockchain-based battlespace powered by AI, where players could earn real money just by playing. But today, it’s a ghost town.
If you’re wondering what Metakings (MTK) is, the short answer is: it’s a cryptocurrency that used to promise rewards for gaming, but now it’s nearly worthless. The token still shows up on price trackers with numbers like $0.00003, but that’s just noise. There’s no real trading. No liquidity. No users. And no future.
What Metakings (MTK) was supposed to be
Launched sometime before 2023, Metakings positioned itself as a hybrid of gaming and decentralized finance. The idea was simple: use the MTK token to mint characters, create arenas, stake for rewards, and vote on game updates. Players in countries with lower incomes were encouraged to join, told they could earn supplemental income just by playing. Early adopters did make small amounts - some reports say hundreds of dollars a month - during the initial hype phase.
The project ran on the Binance Smart Chain (BEP-20), with a contract address you could verify. It had a maximum supply of 1 billion MTK tokens. It claimed to use a dual-token system to separate utility from governance, and it said it used proof-of-stake to be more energy-efficient than Bitcoin. All of that sounded promising on paper.
What happened to Metakings?
Almost everything went wrong.
By late 2023, the community had collapsed. The official Telegram group, which once had over 12,500 members, shrank to under 1,800. That’s an 85% drop in two years. Reddit threads from 2023 are full of users saying they couldn’t withdraw their earnings. One user wrote: “Tried to cash out my MTK. The platform doesn’t respond. My account’s still there, but the money’s gone.”
Trustpilot reviews average just 1.2 out of 5. The most common complaints? “Marketplace doesn’t work,” “Rewards never arrived,” and “No customer support.”
Even worse - despite a maximum supply of 1 billion tokens, major exchanges like Binance and Coinbase report a circulating supply of 0 MTK. That means not a single token is actively being traded. Yet, price websites still list it at fractions of a cent. That’s not a market. That’s a mirage.
Is Metakings still tradable?
You can technically find MTK on decentralized exchanges like PancakeSwap, but don’t get excited.
Trading volume? $0.00 across the board. Binance says it’s “not listed for trade.” Coinbase shows a price of $0.000034 - but with zero volume. CoinCodex lists it at $0.000045, but even that’s based on stale data from 2025. The 24-hour change? Down 6.86%. The 50-day moving average? Higher than the current price. Classic bearish signal.
If you bought MTK today, you’d be buying into a dead ecosystem. There’s no buyer pool. No liquidity. No way to sell without losing 99% of your money. Even if you could find a buyer, the transaction would likely fail due to insufficient liquidity.
How does it compare to other gaming tokens?
Compare MTK to Axie Infinity (AXS) or The Sandbox (SAND). AXS had 850,000 daily active users in 2023. SAND has partnerships with major brands. Both have real trading volumes - millions of dollars daily.
Metakings? Ranked #6919 on Binance by market position. That’s not even in the top 1,000. It’s buried under hundreds of other failed tokens. The global gaming token market was worth $14.2 billion in 2023. MTK’s market cap? $0. It doesn’t even register.
What do experts say?
Analysts are unanimous: Metakings is dead.
CoinCodex’s technical forecast for December 2025 predicted a further 25% drop - to $0.00001161. CryptoCompare noted the token’s “theoretical advantages” but pointed out the lack of community and developer activity. Binance’s analysts called it “effectively delisted.” Coinbase’s documentation doesn’t even support MTK in its wallet.
The biggest red flag? No updates since Q3 2022. No blog posts. No GitHub commits. No social media announcements. No team members posting. If a project isn’t being maintained, it’s not a crypto project - it’s a graveyard.
Should you invest in Metakings?
No.
Even if you’re looking for a high-risk, low-reward gamble, MTK isn’t it. Most speculative tokens at least have volume. MTK has none. You can’t buy it easily. You can’t sell it. And if you somehow get it into your wallet, you’ll be stuck with a token that has no utility, no demand, and no future.
Some people might tell you, “It’s cheap - it could bounce back.” But cheap doesn’t mean valuable. A broken watch is still cheap. That doesn’t make it useful.
Metakings was a play-to-earn experiment that failed. The AI battlespace never launched properly. The rewards stopped flowing. The community left. And now, it’s just a price chart with no buyers.
What can you do if you already own MTK?
If you bought MTK during its early days and still hold it, you’re likely holding a paper asset. There’s no official way to cash out. Some users have tried selling on peer-to-peer platforms like LocalCryptos, but there are almost no buyers. You might find someone willing to take it off your hands for a fraction of a cent - but even that’s a long shot.
Your best move? Accept the loss. Move on. Don’t throw more money into it. Don’t chase “what if” scenarios. The project is over.
What’s the real lesson here?
Metakings isn’t just a failed token - it’s a warning.
Too many crypto projects promise “earn while you play” without building real value. They attract users with hype, then vanish when the money runs out. MTK had a working concept - but no execution, no transparency, and no long-term plan.
If you’re looking at any new play-to-earn token, ask these questions:
- Is there real trading volume? (Not just a price listed on CoinMarketCap)
- Are there active users? (Check Discord, Telegram, or DappRadar)
- Has the team posted anything in the last 6 months?
- Is the token listed on major exchanges like Binance or Coinbase?
- Can you actually withdraw your earnings?
If the answer to any of those is no - walk away.
Metakings (MTK) was never meant to last. And now, it’s gone.
Tselane Sebatane
January 21, 2026 AT 08:36Man, I remember when MTK was everywhere-Telegram groups buzzing, YouTube influencers hyping it up like it was the next Bitcoin. I even bought some with my food money, thinking I could pay rent with gaming rewards. Turns out, the only thing I earned was a lesson in how fast hype can vanish. Now I check the price once a year just to laugh. Cheap at $0.00003? Nah. It’s not cheap-it’s cursed.
And don’t even get me started on those ‘buy the dip’ clowns. Dude, there’s no dip. There’s just a bottomless pit labeled ‘Metakings’ and a bunch of people throwing their last coins in hoping for a miracle. The devs haven’t posted since 2022. That’s not a project on pause. That’s a corpse in a fridge.
I’m from South Africa. I saw so many friends here get sucked in because they were told ‘you can earn more than your job pays.’ That’s not empowerment. That’s exploitation wrapped in blockchain glitter. We didn’t need a token. We needed jobs. And someone took our hope and turned it into a ticker symbol that doesn’t trade.
Don’t let anyone tell you ‘it’s just crypto.’ This was a scam with a game interface. The AI battlespace? Never launched. The staking rewards? Never paid. The team? Ghosted. The only thing that’s still alive is the price chart on CoinGecko-because some bot is still updating it with fake data. That’s not a market. That’s a haunted house with a blinking sign.
I still get DMs from newbies asking if it’s ‘a good investment.’ I reply with one link: this post. Then I block them. Not out of cruelty. Out of mercy.
Metakings isn’t dead. It was murdered. And we all watched.
Still, I’m glad I lost less than $200. Some people lost their rent money. That’s the real tragedy.
Don’t be the next one.
Save your wallet. Save your sanity. Walk away.
Harshal Parmar
January 21, 2026 AT 18:13Bro I feel you. I thought MTK was my ticket out of my 9-to-5 at the call center. I spent hours grinding those battles, thought I was building something. Turns out I was just feeding a ghost. The worst part? My little sister saw me playing and asked if I was making money. I told her yes. Now she thinks crypto is a scam. And honestly? She’s right.
I don’t blame the devs for disappearing. I blame the influencers who sold it like it was a lottery ticket with a 100% payout. They didn’t care about the game. They cared about the pump.
But hey, at least I learned something. Now I check the Discord before I buy anything. If no one’s talking, if the admins are MIA, if the last update was two years ago? I scroll past. No regrets.
Still, I wish I’d saved that $150 instead of buying MTK. Could’ve bought a decent gaming headset. Now I’m stuck with a wallet full of digital dust.
Thanks for the post. Needed this reminder.
Darrell Cole
January 23, 2026 AT 04:44Metakings was never a real project. It was a rug pull disguised as a blockchain game. The entire premise was based on the assumption that low-income populations would be gullible enough to trade their time for a token with no utility. The fact that exchanges never listed it should have been the first red flag. The contract address? Verified. The liquidity? Nonexistent. The team? Anonymous. The roadmap? Fiction.
Anyone who invested in MTK didn’t lose money. They lost time. And time is the only currency that can’t be recovered. You can’t mine it. You can’t stake it. You can’t trade it.
And now you’re all acting like it’s some tragic story. It’s not. It’s a case study in behavioral economics. The Dunning-Kruger effect in action. People think they’re smart because they understood the whitepaper. But they didn’t understand human nature.
Next time, read the SEC’s warnings before you click ‘Buy.’
Adam Fularz
January 23, 2026 AT 13:27mtk was always a joke. why would anyone think a crypto with no team updates, no trading volume, and a website that looks like it was made in 2017 is gonna last? i mean cmon. even the logo looked like a clipart download. i knew it was dead before it launched. still cant believe people lost money on this. not even crypto bros are this dumb anymore.