Why I'm Bullish on $METIS This Q4
With no remaining token dumps, major partnerships, and a thriving ecosystem, Metis has become a strong player in the Layer 2 (L2) arena.
Max Supply: 10 Million
Current currency price: $40
Included on all platforms
Here are the reasons why I think $METIS could be your next big move 👇
1/ Strong tokenomics
While many tokens are affected by dumps, Metis has no dumps left. With its market cap well below its all-time high (ATH), this gives it plenty of room to rise compared to competitors like Optimism ($2.2 billion) and Arbitrum ($2 billion).
2/ Chainlink feature
Metis aims to be the most compatible chain with Chainlink. Even a small fraction of LINK’s $7 billion market cap could boost TVL, DeFi activity, and Metis’ price.
3/ Staking APY
Users can earn 20% APY by staking METIS, and with stMETIS coming from @stakedotlink demand could increase, pushing the price of METIS higher.
4/ Possibility of memes
There are no major memes on Metis yet… but if one does spread, it could start a “Metis Great Cycle,” increasing activity, trading, and revenue for investors.
5/ Very low gas fees ⚡️
Metis is back as the best L2 in terms of low gas fees, making it the perfect choice for DeFi, gaming, and more, which is crucial for high activity.
6/ Big shots
Recently launched DeFi Kingdoms (DFK) PvP, with more features coming. Zeno’s perps DEX (from the HMX team) is also adding new capabilities using LINK collateral.
summary
With strong fundamentals and great catalysts, Metis makes a strong case for Q4.
Are you ready to take a closer look? 👀