risky
METFI DeFi Wallets Show Growth Despite Weekly Price Drop
I recently invested in METFI through the decentralized exchange (DEX) using approximately 559.51 USDT worth of Bitcoin (BTCB). I acquired nearly 3000 METFI tokens at an average price of about 0.19 USDT per token, with a slight increase in my wallet position of around 6%. The current market cap stands at roughly 40.4 million USDT, with a 24-hour trading volume of about 255,126 USDT. Over the past week, METFI’s price has decreased by 9.22%. Currently, there are 57,358 wallets holding METFI, and approximately 49,403,876 METFI tokens have been burned, reducing the circulating supply.
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AI Analysis
In my analysis, the recent decline of 9.22% over the past week suggests some short-term correction or market volatility affecting METFI. However, the rise in wallet count to over 57,000 indicates incr...
AI Recommendation
Considering the recent price correction but strong underlying fundamentals such as increased wallet activity and significant token burning, I recommend holding your current position in METFI. This cou...
Disclaimer
The AI 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.