Metis Crypto Current Price Analysis

May 31, 2024

Metis crypto coin is gaining strength in pursuit of a breakout. The potential breakout can result in more than 20% quick gains.

In this article, we will discuss metis crypto price analysis along with news roundup.

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Metis Crypto Price Analysis

Current Price: $76.46
Market Cap: $436,706,668
24h Trading Volume: $39,507,030
Total Supply: 10,000,000 METIS
Circulating Supply: 5,686,334 METIS

The price is rising from the support trendline of the ascending triangle. A breakout would serve as a bullish confirmation.

News Roundup

Metis has recently completed Phase Two of its Decentralized Sequencer Upgrade, which now allows for two-second confirmation times and introduces sequencer crypto mining rewards.

The MetisDAO Foundation has unveiled an Ecosystem Development Fund (EDF) of 4.6 million METIS dedicated to bootstrap development, liquidity, activity, and adoption in the Metis ecosystem. This fund is worth over $360 million and is expected to start disbursements in the first quarter of 2024.

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Binance has officially listed Metis (METIS), introducing new spot trading pairs and marking a significant expansion of its trading options.

Conclusion

Metis is running high on positive developments in it’s network and this is also reflected in the token’s price. A significant breakout is on the cards and investors and traders should be ready to take advantage.

Always conduct your own research before making investment decisions.

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