I think the event can contribute to the move, especially through increased trading activity, but we need METUSDT's price/volume chart to determine whether the event is actually driving the current pump. this event could be one reason for increased activity in $MET ,

Trade 500 USDT cumulative on METUSDT perpetual → +1 Spin
More trading volume can unlock more spins/activity attempts.
This creates an incentive for users to trade METUSDT, so trading volume and short-term demand/activity may increase.
Why METUSDT might be increasing
Event → more traders → more trading activity → potentially more buying pressure → price may rise.
But remember: people can also short/sell METUSDT, so increased volume doesn't automatically mean the price must go up.
Also, the 500,000 / 1,000,000 USDT requirements shown above are for USDⓈ-M contracts generally, while the 500 USDT requirement specifically mentions METUSDT.
$BNB