Cautious Bullish on METFI — Burned Supply Helps but Liquidity Is Thin
I purchased 3,311.01 METFI for a total of 600 USDT at an average price of 0.18 USDT. The token shows a market cap around 39.2M USDT, 24h volume near 130k USDT, and a 7-day decline of about 4.25%.
There are roughly 57,561 DeFi wallets and about 49.4M METFI tokens burned, which supports a scarcity narrative. Liquidity and daily volume are modest for a small-cap token, so price moves can be volatile.
I'm cautiously bullish: the burn metric and active holders are positives, but the low market depth and recent dip make this a higher-risk trade that warrants position sizing and monitoring.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.