Strategic METFI Token Buy Amid Recent Price Drop and Community Support

I recently purchased METFI tokens on the decentralized exchange (DEX) using approximately 0.009816 BTCB, which is around 1114.96 USDT. My average purchase price was about 0.000002 BTCB per METFI, roughly 0.18 USDT. With this buy, I acquired 6318.91 METFI tokens. The current market cap for METFI stands at approximately 37,896,672 USDT, with a 24-hour trading volume of about 275,273 USDT. Over the past week, the token's price has declined by nearly 15%, indicating a recent downtrend. The METFI community comprises around 57,435 DeFi wallets, and approximately 49,408,210 METFI tokens have been burned, reflecting deflationary efforts. Opportunities to buy METFI are available on platforms such as PancakeSwap and GateIO, which I used. The token's fundamentals suggest some positive community engagement and active trading, although the recent dip could present a potential entry point for strategic investors looking to capitalize on a possible rebound. Monitoring the price action and overall market sentiment will be crucial before making further moves. Considering the current decline within a broader downtrend and the active community support indicated by burned tokens and wallet counts, I see some potential for recovery if market conditions improve. However, the risk remains given the recent 7-day price drop and the overall market volatility common to DeFi tokens like METFI. Careful analysis and risk management should guide any decisions to buy or hold more METFI tokens.