The dark horse of the Solana ecosystem, MET, has gone completely crazy! It surged 21% in 24 hours!
FDV has for the first time broken through the $3 billion mark, with a single-day net inflow of over $10 million. From the lows after launch to the current rebound to $0.3, this strong V-shaped reversal has directly propelled MET to the third place on the capital inflow list, becoming the hottest topic in the market.
The community is now fully engaged, with discussions about MET everywhere on social platforms, and FOMO emotions running high. However, seasoned investors are starting to be cautious, as the price has already approached the expected high point of the initial launch. Many early investors are watching the screens, preparing to take profits in batches. The market is in a fierce tug-of-war between those wanting to buy in and those afraid of getting caught with the bag.
Technical analysts are optimistic about MET because its protocol revenue and activity levels are indeed strong, setting new highs for the ecosystem; but conservatives worry that current indicators are overbought, with excessive long leverage. If large holders start cashing out or unlocking tokens, there could be significant pullback pressure. This environment of high returns and high volatility makes MET’s technical trend dance on a tightrope.
MET’s recent popularity is due to its DLMM feature, which is genuinely useful for institutions and liquidity providers, bringing real profits. The current rise is supported by fundamentals, but there’s also a lot of follow-the-leader hype. While everyone is optimistic, be careful not to blindly go all-in at this point. Watch out for those big holders taking profits and turning around to give you a “surprise.”#Gate广场创作者新春激励 $MET
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The dark horse of the Solana ecosystem, MET, has gone completely crazy! It surged 21% in 24 hours!
FDV has for the first time broken through the $3 billion mark, with a single-day net inflow of over $10 million. From the lows after launch to the current rebound to $0.3, this strong V-shaped reversal has directly propelled MET to the third place on the capital inflow list, becoming the hottest topic in the market.
The community is now fully engaged, with discussions about MET everywhere on social platforms, and FOMO emotions running high. However, seasoned investors are starting to be cautious, as the price has already approached the expected high point of the initial launch. Many early investors are watching the screens, preparing to take profits in batches. The market is in a fierce tug-of-war between those wanting to buy in and those afraid of getting caught with the bag.
Technical analysts are optimistic about MET because its protocol revenue and activity levels are indeed strong, setting new highs for the ecosystem; but conservatives worry that current indicators are overbought, with excessive long leverage. If large holders start cashing out or unlocking tokens, there could be significant pullback pressure. This environment of high returns and high volatility makes MET’s technical trend dance on a tightrope.
MET’s recent popularity is due to its DLMM feature, which is genuinely useful for institutions and liquidity providers, bringing real profits. The current rise is supported by fundamentals, but there’s also a lot of follow-the-leader hype. While everyone is optimistic, be careful not to blindly go all-in at this point. Watch out for those big holders taking profits and turning around to give you a “surprise.”#Gate广场创作者新春激励 $MET