Metis (METIS) is the native token of the MetisDAO ecosystem — a Layer‑2 (and expanding to multi‑network) solution aimed at scalable, low‑cost Web3 apps and decentralized autonomous companies.
The price recently trades near $3.6–$3.8 USD with a market cap of roughly $26–$27 million and modest daily volume, far below its early highs.
METIS is down 98 % from its all‑time high ($323), reflecting prolonged bearish pressure on altcoins and reduced demand.
Technical indicators show a broader downtrend with weak momentum, price below key moving averages and elevated volatility, keeping short‑term sentiment bearish.
Support levels near the recent low (~$3.0) and resistance around $3.7–$4.0 are crucial for price direction in the coming sessions.
Long‑term prospects depend on broader adoption of Metis’s Layer‑2 ecosystem, developer growth, and activity in DeFi and AI/Web3 integration.
@Metis L2 $METIS #METISToken #metis