
Muse (MUSE), positioned as a governance token for the NFT20 decentralized exchange protocol, has been facilitating NFT tokenization and trading since its launch in 2021. As of 2026, MUSE maintains a market capitalization of approximately $240,749, with a circulating supply of around 827,602 tokens, and the price hovering around $0.29. This asset, recognized as a "governance and fee distribution mechanism" within the NFT liquidity infrastructure, continues to play a role in the decentralized NFT trading ecosystem.
This article will comprehensively analyze MUSE's price trajectory from 2026 to 2031, incorporating historical patterns, market supply-demand dynamics, ecosystem development, and macroeconomic conditions to provide investors with professional price forecasts and practical investment strategies.
As of February 8, 2026, MUSE is trading at $0.2909, representing a 0.54% decrease over the past 24 hours. The token has experienced notable bearish momentum across multiple timeframes, declining 21.09% over the past week and 43.01% over the past month.
The current 24-hour trading range shows MUSE fluctuating between $0.2803 and $0.30, with total trading volume reaching $20,144.18. The market capitalization stands at approximately $240,750, with a circulating supply of 827,603 MUSE tokens, representing 82.76% of the maximum supply of 1 million tokens.
MUSE maintains a fully diluted market cap of $241,213 and holds a market dominance of 0.0000096%. The market cap to FDV ratio of 82.76% indicates relatively high circulation compared to maximum supply. The token is currently held by 3,943 addresses.
Click to view current MUSE market price

2026-02-07 Fear and Greed Index: 6 (Extreme Fear)
Click to view current Fear & Greed Index
The cryptocurrency market is experiencing extreme fear, with the Fear and Greed Index dropping to 6. This historically low reading reflects significant market anxiety and pessimism among investors. During such periods, panic selling often dominates, creating potential opportunities for contrarian traders. However, extreme fear typically indicates oversold conditions, suggesting a potential market bottom may be forming. Investors should exercise caution while remaining alert to potential recovery signals. Consider dollar-cost averaging strategies to manage risk during heightened volatility. Monitor key support levels closely for signs of stabilization or reversal.

The holding distribution chart reveals the allocation of MUSE tokens across different wallet addresses, serving as a key indicator of decentralization and market structure. Based on the current data, the top 5 addresses collectively hold approximately 60.4% of the total supply, with the largest single address controlling 24.39% (202.32K tokens), followed by the second-largest holding 18.38% (152.41K tokens). The remaining 39.6% is distributed among other addresses, indicating a relatively concentrated ownership structure.
This concentration level suggests moderate centralization risks within the MUSE ecosystem. The dominance of the top two addresses, which together account for over 42% of the supply, creates potential vulnerabilities for price manipulation and heightened volatility. Large holders possess significant market influence, capable of triggering substantial price movements through coordinated selling or strategic accumulation. However, the presence of a diverse "Others" category holding nearly 40% provides some counterbalance, indicating active participation from smaller holders and reducing complete control by whale addresses.
From a market stability perspective, this distribution pattern reflects a developing token economy that has not yet achieved optimal decentralization. While the concentration is concerning for retail investors, it may also indicate early-stage institutional accumulation or strategic reserves held by project stakeholders. Monitoring changes in this distribution over time will be crucial for assessing whether MUSE is progressing toward broader token dispersion or maintaining its current centralized structure, both of which carry distinct implications for long-term price dynamics and ecosystem health.
Click to view the current MUSE Holding Distribution

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0xa9d1...1d3e43 | 202.32K | 24.39% |
| 2 | 0x6fba...c5a148 | 152.41K | 18.38% |
| 3 | 0x20d2...70bf43 | 61.02K | 7.35% |
| 4 | 0x8502...0702f8 | 43.01K | 5.18% |
| 5 | 0x1fdc...184476 | 42.31K | 5.10% |
| - | Others | 328.12K | 39.6% |
Insufficient information is available in the provided materials regarding institutional holdings, enterprise adoption, or national-level policies specifically related to MUSE.
The provided materials do not contain specific information regarding MUSE's technology upgrades, ecosystem applications, or DApp developments that would allow for detailed analysis in this section.
Based on current analysis, MUSE is expected to maintain relative stability in 2026, with price fluctuations remaining within a narrow range. The predicted average price stands at approximately $0.291, reflecting the token's potential consolidation phase in the near term.
During this mid-term period, MUSE may experience gradual price appreciation, with 2029 showing stronger upward momentum. The widening price range suggests increased market activity and potential volatility as the project matures.
The long-term projection indicates substantial growth potential for MUSE, with 2031 forecasts showing possible appreciation of up to 59% compared to earlier periods. However, investors should note that cryptocurrency markets remain inherently volatile, and actual performance may vary based on numerous factors including regulatory developments, technological advancements, and overall market conditions.
| Year | Predicted High Price | Predicted Average Price | Predicted Low Price | Price Change |
|---|---|---|---|---|
| 2026 | 0.29963 | 0.2909 | 0.28217 | 0 |
| 2027 | 0.34546 | 0.29526 | 0.18011 | 1 |
| 2028 | 0.33318 | 0.32036 | 0.22746 | 10 |
| 2029 | 0.45094 | 0.32677 | 0.29409 | 12 |
| 2030 | 0.54051 | 0.38885 | 0.19832 | 33 |
| 2031 | 0.65055 | 0.46468 | 0.35316 | 59 |
(1) Long-term Holding Strategy
(2) Active Trading Strategy
(1) Asset Allocation Principles
(2) Risk Hedging Solutions
(3) Secure Storage Solutions
MUSE presents a high-risk, speculative opportunity in the NFT infrastructure space. While the protocol offers permissionless NFT tokenization and governance features, the token has experienced severe depreciation from its all-time high of $124.14 to current levels near $0.29. The low market cap, limited exchange availability, and declining momentum over multiple timeframes suggest significant headwinds. Long-term value proposition depends on NFT market recovery and NFT20 protocol adoption, while short-term risks include continued downward pressure and liquidity constraints.
✅ Beginners: Avoid allocation until demonstrating understanding of NFT markets and high-risk token dynamics; consider observation period ✅ Experienced Investors: Limit exposure to 1-2% of portfolio; employ strict stop-loss discipline; monitor NFT20 DEX metrics for fundamental changes ✅ Institutional Investors: Conduct thorough due diligence on protocol usage and competitive positioning; consider venture-style allocation with complete loss acceptance
Cryptocurrency investment carries extremely high risks, and this article does not constitute investment advice. Investors should make prudent decisions based on their own risk tolerance and are advised to consult professional financial advisors. Never invest more than you can afford to lose.
MUSE token powers the Muse Network, enabling liquidity mining, asset staking, and derivatives trading. It facilitates futures contracts, lending protocols, and decentralized asset trading, driving utility across DeFi applications.
MUSE price is primarily influenced by its fixed supply mechanism, which creates scarcity and supports price appreciation as demand grows. Market demand fluctuations, trading volume, and overall cryptocurrency market sentiment also play significant roles in determining MUSE's price movements.
Analyze MUSE using moving averages, oscillators, and pivot points on TradingView. Monitor trading volume and price trends across timeframes. Expert predictions for 2026 vary: some forecast declines to $0.22, others predict higher levels. Conduct thorough personal research before trading decisions.
MUSE has experienced significant price volatility over the past year. The token has fluctuated between several dollars at its lows and hundreds of dollars at its peaks. Current price dynamics reflect strong market interest and typical crypto market cycles.
MUSE展现强劲增长潜力。随着生态扩展和用户采用增加,预计2024-2026年价格将稳步上升。市场需求和技术创新将驱动长期升值。未来前景看好。
MUSE price predictions face market volatility, regulatory changes, and technology updates. Prices are influenced by broader crypto market movements and project development pace, creating inherent uncertainty in forecasting.
MUSE exhibits significant price volatility compared to similar tokens. Having peaked at $125.90 historically, it currently trades around $0.12, reflecting dramatic fluctuations. With a market cap of $235,080 and 61.33% circulating supply, MUSE shows distinctive price dynamics distinct from mainstream alternatives.











