Must MUST

What MUST actually is on-chain

Must is an ERC-20 deployed on Ethereum, at contract address 0x9c78ee466d6cb57a4d01fd887d2b5dfb2d46288f. That address, not the ticker MUST, is what uniquely identifies this asset: anyone can deploy a second token calling itself MUST, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, MUST is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MUST itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker MUST: Mustang (another network, 0xA8b5…a434). The asset on this page is specifically the Ethereum deployment at 0x9c78…288f. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For MUST the project publishes a public source repository and an active account as @Cometh. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MUST sits in the market

Must ranks #7562, in the deep tail, among assets that are tracked but rarely quoted, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live MUST order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. MUST is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

MUST against its all-time high

Must's record high is $647.30, set on 2021-02-04. A high in this range means MUST carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set 6 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live MUST price — a stale or single-pool number would make that percentage look precise when it is not.

MUST across its historical range

MUST has traded across a 2,184x range, between $0.2963 and $647.30. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.2963 was printed on 2026-03-29 — within the last six months. We have no live quote to measure the current distance from it.

MUST supply and valuation data

At #7562 there is no reliable third-party supply audit for MUST at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $352 thousand as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset MUST is

Must falls in the gaming and virtual-world category, where token demand depends on player retention rather than on financial flows. The recurring failure mode for this class is well documented: in-game emissions create constant sell pressure while the user base plateaus, so the supply sink stops working before the supply tap does. Active-user data is a better leading indicator here than anything on the price chart.

CoinGecko files MUST under 5 categories, including Gaming (GameFi), NFT, Polygon Ecosystem, Ethereum Ecosystem, Card Games. CoinGecko also records deployments on Polygon (531 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Must alert that is worth receiving

Must is the ERC-20 at 0x9c78…288f on Ethereum — high dated 2021-02-04 — rank #7562. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →