Why Has Meteora (MET) Price Fluctuated Between $0.5-$1 in the Past 24 Hours?

This article examines the recent volatility of the Meteora (MET) token, focusing on its price fluctuations between $0.5-$1. It provides insights into MET's trading volume, market capitalization, and technical analysis, highlighting potential support and resistance levels. The analysis includes the correlation of MET with major cryptocurrencies like Bitcoin and Ethereum, and market sentiment impacts, specifically referencing the Crypto Fear & Greed Index. Investors and traders interested in cryptocurrency dynamics and short-term trading opportunities will find actionable insights here. Keywords emphasized: MET token, volatility, market sentiment, trading volume, technical analysis, cryptocurrency correlation.

MET price fluctuates between $0.5-$1 with 24-hour volatility of 4.51%

The Meteora (MET) token has been experiencing significant price fluctuations, with its value ranging between $0.5 and $1. This price range indicates a high level of volatility in the market, which is further supported by the 24-hour volatility rate of 4.51%. To put this into perspective, let's examine the recent price movements:

Date Open High Low Close Volume
2025-10-23 $0.55 $0.6304 $0.5069 $0.5526 21,153,849.1
2025-10-24 $0.5518 $0.6174 $0.5393 $0.5494 29,525,027.4

These figures demonstrate the token's price swings within the mentioned range. The current price of $0.5284 falls near the lower end of this spectrum, suggesting a potential buying opportunity for investors who believe in the project's long-term potential. However, it's crucial to note that MET has experienced a significant downturn, with a 24-hour decrease of 8.05% and a 7-day decline of 41.021%. This sharp drop might be attributed to various factors, including market sentiment or project-specific news. Investors should be aware that while the current volatility presents opportunities for quick gains, it also carries substantial risks. The token's all-time high of $0.6304, reached on October 23, 2025, provides a benchmark for its potential upside.

Trading volume reaches $236.48M with 480M MET in circulation

Meteora (MET) has shown significant trading activity, with a daily volume reaching $236.48 million. This substantial trading volume indicates strong investor interest and market liquidity for the token. Concurrently, the circulating supply of MET stands at 480 million tokens, representing 48% of the total supply of 1 billion MET. This circulation ratio suggests a balanced distribution between available tokens and those held in reserve.

To put these figures into perspective, let's examine Meteora's market metrics:

Metric Value
24h Trading Volume $236.48M
Circulating Supply 480M MET
Total Supply 1B MET
Circulation Ratio 48%
Current Price $0.5284
Market Cap $253.63M

The current price of $0.5284 per MET token, combined with the circulating supply, results in a market capitalization of approximately $253.63 million. This places Meteora in a competitive position within the cryptocurrency market, ranking 241st by market cap. The high trading volume relative to the market cap suggests active trader engagement and potential price volatility. Investors should note that while the 24-hour price change shows a decrease of 8.05%, the token has experienced significant fluctuations, with a 7-day decline of 41.021%, indicating a volatile market period for MET.

Technical analysis reveals potential support and resistance levels

Technical analysis of MetLife (MET) stock for 2025 reveals potential support and resistance levels that investors should consider. Based on average price targets, the stock is expected to find support at $84.00 and face resistance at $103.00. These levels provide crucial insights into the stock's potential trading range. A more conservative estimate suggests a trading channel between $67.52 and $78.56, with an average annualized price of $72.07. This information is vital for investors looking to make informed decisions.

To better understand the current market sentiment, technical indicators offer valuable insights:

Indicator Value Interpretation
MACD -0.03 Slightly bearish
RSI 41.92 Neutral to slightly oversold

These indicators suggest moderate market trends for MET stock. The negative MACD indicates a potential bearish momentum, while the RSI being below 50 suggests the stock may be approaching oversold territory. However, it's important to note that technical analysis should not be the sole basis for investment decisions, especially in dynamic market conditions.

Correlation with BTC/ETH and market sentiment impacts price movements

MET token has shown a strong correlation with Bitcoin and Ethereum prices, typically above 70% from 2014 to 2025. This relationship is evident in the price movements and volatility patterns of these cryptocurrencies. Market sentiment indicators, such as the Crypto Fear & Greed Index, have also played a significant role in influencing MET's price dynamics. In October 2025, the index reached an extreme fear level of 22, coinciding with notable price fluctuations in the crypto market.

The impact of market sentiment on MET's price is further illustrated by the following data:

Metric Value
Correlation with BTC/ETH >70%
Fear & Greed Index (Oct 2025) 22 (Extreme Fear)
MET Price Change (24h) -8.05%
MET Trading Volume (24h) $12,142,909

These figures demonstrate the close relationship between market sentiment and MET's price movements. The high correlation with major cryptocurrencies suggests that MET is influenced by broader market trends, while the extreme fear sentiment in October 2025 likely contributed to the 24-hour price decline of 8.05%. Despite this, the substantial trading volume indicates continued market interest and activity surrounding MET tokens.

FAQ

What is met in crypto?

MET is a cryptocurrency supporting decentralization through smart contracts on multiple blockchains. It focuses on self-governance, portability, and DeFi applications.

What is the Donald Trump crypto coin?

The Donald Trump crypto coin, known as $TRUMP, is a meme coin launched on the Solana blockchain in January 2025, just before Trump's inauguration. It gained popularity quickly and was followed by Melania Trump's own meme coin, $MELANIA.

Which coin will give 1000x?

MET coin has potential for 1000x growth by 2030, driven by its innovative technology and growing adoption in the Web3 ecosystem.

What is Elon Musk's crypto coin?

Elon Musk doesn't have an official crypto coin. However, Dogecoin (DOGE) is most closely associated with him due to his frequent endorsements and support.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.