Guys I know you are All waiting for a good news about metis as most of the people on binance saying $METIS is the next $TRB 🤣 which catched my eyes .let me share my Thoughts and Analysis with you,
METIS RICH LIST:
As you can see That only Top 3 holders of the Metis holds almost 79% of the total supply of metis so i think as there is not a lot of space for the whales to enter this coin i don't think it is worth buying in this bullrun because the most it can pump is 200$ according to my analysis.
As the top 1 controlling it 76.62% of its supply i think it will Dump very deep in future after the bull run it might go below 18$.
So it is A hit and run type of coin just take the profit from it and leave ASAP.
EXCHANGES:
All the major exchanges Like BINANCE,KUCOIN,OKX and BITGET etc only have 5%of its supply which make it a shitcoin because if The major exchanges does not have even 10% of supply how can it develop in future.So do not invest in METIS for long term because it will surely dump Hard in future.
AS you can see The holder statistics of METIS the top 100 holders hold 93.44% of The total supply if it was a new coin then it would be ok but it is not a new one it is one of the old school coins,which makes me concern about binance that why would they list somthing like METIS on their plateform which does not have the potential to grow, the answer is quite simple the bullrun is here And it is pure business to list a coin which is very much volatile....
Well for me METIS is the NEW TRB FROM Below MENTIONED ASPECTS:
1: EXTREME VOLATILITY
2:TOP 3 HOLDERS CONTROLS IT i.e
They can easily pump it to 600$ and dump it to 20$.
3:NO POTENTIAL TO GROW
4:WEAK PROJECT
5:LIMITED SUPPLY I.e
METIS has a circulating supply of 5.31M coins and a max supply of 10.00M METIS.
$SOL And AVAX are far more better than Metis i would rather invest in these instead of METIS.