1MT Token Analysis: Status and Risks of Two Projects with the Same Name
In the cryptocurrency market, duplicate token names or tickers are not uncommon. The cryptocurrency with the ticker "1MT" currently refers to at least two different projects: "1Million Token (1MT)" and "1Move Token (1MT)". These two projects have significant differences in their positioning, technical details, and market performance. For readers considering investment, it is crucial to clearly distinguish between them and understand their respective risks.
1Million Token (1MT) Project Overview
Project Background and Purpose
1Million Token (1MT) was launched in 2019, aiming to facilitate exchange trading and international P2P transactions in the crypto economy. The project also plans to offer crypto, social media, and SEO services, which users can pay for with 1MT tokens. The token operates on the Ethereum platform.
Market Status and Risk Warning
According to the latest data as of September 25, 2026, the price of 1Million Token (1MT) is approximately $0.67 to $0.68. However, its 24-hour trading volume is shown as N/A or $0.00, indicating that the token has no active trading market and lacks effective transactions. The total supply of the project is 995,699 1MT, but its circulating supply is self-reported by the project team as 0 1MT and has not been verified by the CoinMarketCap team. The market capitalization is also unverified due to insufficient data or being self-reported as $0. Additionally, this token has migrated to a new contract address. Extremely low trading volume and unverified circulating supply are risk factors that investors need to pay close attention to.
Core Team
Fabio Rodrigues is considered the founder and team leader of the 1Million Project.
1Move Token (1MT) Project Overview
Project Background and Purpose
1Move Token (1MT) is a Web3 lifestyle application designed to integrate fitness activities with the world of digital assets. The application allows users to earn digital rewards by participating in fitness activities, embodying the "Move-to-Earn" concept.
Market Status and Risk Warning
Recent data as of October 2, 2026, shows that the price of 1Move Token (1MT) is approximately $0.0008626 to $0.000869. Its 24-hour trading volume is extremely low, only about $1.18 to $1.19. More notably, as of recently, the 1MT token has ceased trading on all exchanges listed by CoinGecko. The project's fully diluted valuation (FDV) is approximately $16,352.63 to $16,474.14, with a total supply between 18.958M and 18.96M. Although CoinMarketCap shows the project team self-reported a circulating supply of 1,000,580 1MT, the market capitalization is still displayed as $0 and unverified. The token's all-time high price was $0.6329, and its all-time low was $0.071014. The current price is significantly below the all-time low, which may reflect drastic changes in market conditions or data discrepancies. Extremely low trading volume, unverified circulating supply, and the fact that the token has ceased trading on some exchanges pose significant risks for long-term investment.
Investment Potential Assessment and Risk Summary
Overall, both 1Million Token (1MT) and 1Move Token (1MT) present extremely high investment risks. Their common characteristics are extremely low trading activity, or even cessation of trading, and core market data (such as circulating supply and market capitalization) are unverified by mainstream data platforms. These factors strongly suggest that these tokens suffer from depleted market liquidity, which may make it difficult for investors to buy or sell, and they face the risk of asset value plummeting to zero. In the absence of reliable trading channels and transparent market data, any judgment regarding long-term investment value should be approached with extreme caution. Please verify all information independently and fully understand the potential risks.
