What is Matt Furie (MATT) crypto coin? The truth about this Pepe-themed meme token

If you’ve seen the name MATT pop up on crypto forums or TikTok, you’re not alone. It’s one of dozens of new meme coins tied to internet culture - this time, to Matt Furie, the artist behind Pepe the Frog. But here’s the thing: MATT isn’t an official project. It wasn’t created by Matt Furie. It wasn’t endorsed by him. It’s just a token that slapped his name on it and hoped for a quick pump.

What exactly is MATT?

MATT is an ERC-20 token on the Ethereum blockchain. That means it runs on the same network as Ethereum itself, and you can trade it on decentralized exchanges like Uniswap. Its total supply is 420,690,000,000 tokens - yes, 420.69 billion. That number isn’t random. It’s a nod to cannabis culture (420) and a sexual reference (69), which is typical for meme coins trying to stand out with shock value.

The token’s creators burned the liquidity pool and renounced the contract. That sounds fancy, but all it really means is they can’t suddenly pull all the money out or change the rules later. On paper, that’s good. It reduces the chance of a rug pull. But here’s the catch: no one’s buying it. No one’s selling it. And that makes the whole thing meaningless.

Why does MATT even exist?

MATT rides the coattails of Pepe the Frog, which became a global meme in the 2010s. After Dogecoin and Shiba Inu proved you could make money off internet humor, every artist, designer, and random person on Twitter tried to cash in. Pepe was already used in another meme coin called PEPE, which has a market cap over $1 billion. MATT is trying to piggyback on that same brand recognition - but without permission.

There’s no official website. No team. No roadmap. No updates since its launch in mid-2024. The domain matt0x79.com, once linked to the project, is gone. The only thing keeping MATT alive is a handful of traders gambling on tiny price swings.

How much is MATT worth? (Spoiler: It’s messy)

Price data for MATT is all over the place. CoinGecko says it’s trading at $0.065. Binance says it’s under $0.000001. TradeSanta says $0.00000046. That’s a 140,000x difference between the highest and lowest reports. Why? Because there’s almost no trading volume.

The most reliable number comes from Binance: a market cap of around $273,000. That’s less than the cost of a used car. For comparison, Dogecoin’s market cap is over $19 billion. MATT is 0.000016% of that. It’s not even on the same planet.

Even the all-time high is disputed. Some say $0.00002473. Others say $0.000036. Either way, it’s down over 96% from its peak. That’s not a correction - that’s a corpse.

Can you actually trade MATT?

Technically, yes. You can buy it on Uniswap using ETH. But good luck selling it.

Because the liquidity pool is so tiny - only about $7,200 as of January 2026 - a single $500 trade can swing the price 15%. That’s not volatility. That’s manipulation. Retail traders report needing 15-25% slippage just to complete a buy or sell order. If you try to sell during a quiet hour, your order might sit there for hours… or never fill at all.

There are no major exchanges listing MATT. No wallets support it as a default. No payment processors accept it. You can’t use it to buy coffee, pay rent, or tip a streamer. It exists only as a speculative bet - and even then, it’s a bad one.

Who’s buying MATT?

The Reddit thread about MATT has 12 comments. The Telegram group has 37 members. The last message was in December 2025. That’s not a community. That’s a graveyard.

The few people who’ve traded it are either:

• Trying to get in on a quick pump before it crashes
• Confused and thinking it’s the official Pepe coin (it’s not)
• Or just trolling

One user on Reddit said they bought MATT at $0.00000021 and sold 3 minutes later at $0.00000035. They made $0.08 profit. That’s it. That’s the entire story of MATT: a 75% gain that netted you less than a coffee.

Is MATT a scam?

It’s not a classic scam. There’s no fake team. No fake whitepaper. No promise of returns. The contract is renounced. The liquidity is burned. That’s actually above average for a meme coin.

But here’s the real problem: it’s pointless. It has no utility. No purpose. No future. It’s not a store of value. It’s not a medium of exchange. It doesn’t solve any problem. It’s just a digital placeholder with a meme name.

Crypto analysts like Kristoffer Melgaard from Morningstar call these tokens “gambling opportunities for retail investors with minimal understanding of market mechanics.” That’s MATT in a nutshell.

What’s the real risk?

The biggest risk isn’t getting hacked. It’s getting stuck.

If you buy MATT and the price drops, you won’t be able to sell. There’s no buyer. The liquidity pool is too thin. You’ll be holding a digital token worth almost nothing, with no way out.

Even worse, there are copycats. You might accidentally buy MATTFURIE (on Solana) or OHARE - other tokens using similar names. You’ll think you’re buying MATT, but you’re buying something else entirely.

Messari’s December 2025 report says tokens like MATT - under $500k market cap, no development, no volume - have a 94% chance of becoming completely untradeable within 18 months. That’s not a prediction. That’s a guarantee.

Should you invest in MATT?

No.

If you’re looking for a long-term investment, MATT is a disaster. If you’re looking for a quick flip, you’re playing Russian roulette with a gun that has 99 bullets in it.

There are thousands of meme coins like this. Most of them vanish within months. The few that survive - like Dogecoin - did so because they had a real community, real use cases, and real momentum. MATT has none of that.

If you’re curious, you could buy $5 worth of MATT just to see how it works. But treat it like a lottery ticket - not an investment. And if you do, never invest more than you’re willing to lose.

What’s the bottom line?

Matt Furie (MATT) is a low-effort meme coin built on the fading fame of Pepe the Frog. It has no official backing, no development team, no future, and almost no trading activity. Its price is inconsistent, its liquidity is nonexistent, and its only real function is to let speculators gamble on tiny, meaningless swings.

It’s not a scam - but it’s not an investment either. It’s a digital ghost. And if you’re thinking of jumping in, ask yourself: why would you waste your time on something that doesn’t even want to be here?