Inmet now 0.3466u; a month ago it was still grinding around 0.22. In the past few days it surged all the way to 0.4087, setting a new high within the month. Now it has pulled back a bit.
This is a protocol on Sol that sets up liquidity pools. The fees are truly collected—cumulative trading volume has reached over 200 billion USD, and the amount locked is more than 800 million. Active addresses increased over the past half month from 110,000 to more than 150,000, and on-chain transaction counts have also been climbing, not just emotion being piled on.
It also ran an activity that distributes a portion of the protocol’s fee income based on staking—locked coins can receive part of the money earned by the protocol. This gameplay is pretty similar to the uni logic I wrote about earlier: it feeds real value into the token price.
A recent unlock just passed—more than 7.0 million coins were released, accounting for less than 1% of the total supply, so the impact is minimal.
Falling back below 0.22 this time was basically wasted effort. If it can hold and go back up, first see what happens when it hits 0.4087, yesterday’s high point. With a move this explosive, a pullback isn’t strange. #met $METAB
This is a protocol on Sol that sets up liquidity pools. The fees are truly collected—cumulative trading volume has reached over 200 billion USD, and the amount locked is more than 800 million. Active addresses increased over the past half month from 110,000 to more than 150,000, and on-chain transaction counts have also been climbing, not just emotion being piled on.
It also ran an activity that distributes a portion of the protocol’s fee income based on staking—locked coins can receive part of the money earned by the protocol. This gameplay is pretty similar to the uni logic I wrote about earlier: it feeds real value into the token price.
A recent unlock just passed—more than 7.0 million coins were released, accounting for less than 1% of the total supply, so the impact is minimal.
Falling back below 0.22 this time was basically wasted effort. If it can hold and go back up, first see what happens when it hits 0.4087, yesterday’s high point. With a move this explosive, a pullback isn’t strange. #met $METAB
