Could $MET Reach $1?
I think this is a question worth discussing.
MET is currently trading around $0.34, while its previous all-time high was around $0.90. So the $1 level would not be completely out of nowhere โ it would require MET to move beyond its previous high.
At roughly 551M circulating tokens, a $1 price would imply a circulating market cap of around $551M.
That is significantly higher than today's market cap, but still a valuation that could become possible if Meteora continues expanding and the Solana DeFi market enters another strong growth phase.
My personal levels to watch:
$0.50 โ recovery
$0.60 โ major milestone
$0.80 โ strong momentum
$0.90 โ previous ATH area
$1.00 โ new milestone
Nothing is guaranteed in crypto.
But when a project has real DeFi infrastructure, strong trading activity and a previous high close to $0.90, I think $MET deserves a place on the watchlist.
Let's see what happens next.