$MET movement tracker
5-minute plunge of 9.60% (down 5.83% over 24h); current price $0.3551, 24h trading volume approx. $3.628 million
MET is the governance token of Meteora, a DEX in the Solana ecosystem. It has gained approximately 75% over the past month and today pulled back to near its 24h low of $0.3539. There is no clear news catalyst so far: today’s U.S. September CPI came in hotter than expected (core CPI rose 0.3% month over month, above the 0.2% expected), sending the crypto market lower in tandem with U.S. stocks. Liquidations across the crypto market totaled $950 million over 24h, intensifying short-term volatility in MET amid unusual capital flows.
Key levels: consolidating above $0.3539 (24h low), with resistance at $0.3835 (24h high). In the short term, profit-taking is compounded by pressure from macro sentiment. It may be best to wait and see until trading volume picks up and the price stabilizes.
5-minute plunge of 9.60% (down 5.83% over 24h); current price $0.3551, 24h trading volume approx. $3.628 million
MET is the governance token of Meteora, a DEX in the Solana ecosystem. It has gained approximately 75% over the past month and today pulled back to near its 24h low of $0.3539. There is no clear news catalyst so far: today’s U.S. September CPI came in hotter than expected (core CPI rose 0.3% month over month, above the 0.2% expected), sending the crypto market lower in tandem with U.S. stocks. Liquidations across the crypto market totaled $950 million over 24h, intensifying short-term volatility in MET amid unusual capital flows.
Key levels: consolidating above $0.3539 (24h low), with resistance at $0.3835 (24h high). In the short term, profit-taking is compounded by pressure from macro sentiment. It may be best to wait and see until trading volume picks up and the price stabilizes.