🚨 Is METIS DAO a Good Investment for the Next Bullrun? ⚠️ METIS Price Prediction #metis #metisdao
Today, I will give you my reasons why you should DYOR on METIS. The PROS and CONS of the Project and Token. And What I am doing regarding $METIS for the Next Bullrun. METIS DAO for the Next Bullrun.
PROS:
– Serious project slowly building ecosystem: https://metisdao.medium.com/july-in-metis-4e3eda17ee08
– Team is Pro and transparent: https://www.metis.io/company
– Mother of Vitalik Buterin (CEO of Ethereum) is still in their team: https://www.metis.io/company
– Ecosystem has been growing, but slowly: https://www.metis.io/ecosystem
– Metis announces the Metis Journey, a $5 million DeFi Incentive Program designed to boost new and existing DeFi applications on the Metis Layer 2 network, starting with blue-chip protocol Aave v3.
– Tokenomics is very attractive in terms of its maximum supply.
– Good amount of exchanges listing $METIS.
– Price Speculation for Next Bullrun.
Current Price: $12.45 – x26 from ATH at current price
ATH: $323.50 – x26 from ATH at current price
Speculation Price: $500 – x40 from ATH at current price
$1,245 usd you buy 100 $METIS. At the previous ATH you turn your $1.2k into $32,350k usd.
$12,450 usd you buy 1,000 $METIS. At Speculative Price you turn your $12.4k into $500k usd.
CONS:
– A lot more competitors of previous Bullrun (ZkSync, Starknet, Base, Arbitrum, Optimism, etc.)
– Bad marketing strategy, we never hear news about them online.
– Tokenomics is not Great on the current circulating supply (55% still out of circulation)
– PolyNetwork bridge hack affected METIS holders, they are giving the funds back from the Foundation. (sept 14th): https://metisdao.medium.com/a-heartfelt-message-to-the-metis-community-c10cf36af8fb
– Not good in TVL compared to other competitors: https://l2beat.com/scaling/summary
– Not building community (Discord 12k followers, 151k twitter, 2k followers on Youtube)
– They are not in Binance, they should. Arbitrum is and is much newer than L2.
Check July updates: https://www.youtube.com/watch?v=H_fkjdwUVvw
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