- What is Meteora (MET) and what problem does it aim to solve?
- Meteora (MET) is a cryptocurrency that aims to provide a scalable, efficient, and value-driven digital asset for decentralized applications and everyday transactions. While the project’s full whitepaper isn’t included here, MET typically focuses on offering fast transaction times, low fees, and robust security features to support wallets, exchanges, and dApps. If you’re evaluating MET, look for details on its consensus mechanism, transaction throughput, and any unique features like layer-2 integrations, staking, or governance rights that distinguish it from similar coins.
- How many MET tokens are in circulation, and what is the maximum supply?
- According to the current data, there are approximately 499,402,309.85 MET in circulating supply. The max supply is 1,000,000,000 MET, meaning about half of the total supply has already circulated. This kind of capped supply can influence inflation expectations and price-pressure dynamics over time. Always verify on reliable trackers, as supply figures can change with new emissions, burn mechanics, or treasury releases.
- What is Meteora’s current price and its recent price movement?
- MET is trading around $0.21065 per token. In the last 24 hours, the price rose by approximately $0.00157, representing a 0.75% increase. Like most cryptocurrencies, MET’s price can be influenced by market sentiment, liquidity, trading volume, and broader crypto market trends. To gauge momentum, check hour-by-hour price charts, exchange liquidity, and any recent project updates or partnerships that could impact demand.
- How can I buy and store MET safely?
- To buy MET, use a reputable cryptocurrency exchange that lists MET and supports your region. After purchase, store MET in a secure wallet: if you trade actively, a reputable hot wallet on an exchange is convenient; for long-term holding, a hardware wallet or a trusted software wallet with private keys under your control is recommended. Always enable two-factor authentication, use strong, unique passwords, and consider splitting funds across cold and hot storage to mitigate risk. Keep your recovery phrases offline and never share them.
- What should I know about MET’s liquidity and market accessibility?
- MET’s liquidity depends on the exchanges listing the token and the depth of order books. Higher liquidity generally means tighter spreads and more reliable execution, especially for larger trades. Check the trading volume across major exchanges, the presence of MET pairs (e.g., MET/USDT, MET/BTC), and any recent listings or delistings. If you’re a trader, monitor daily volume and bid-ask spreads during different market hours. For long-term holders, liquidity is less critical but still relevant for potential exit strategies.
