Metis is a Layer2 infrastructure to backbone the running of the Web 3.0 economy. Metis is not just aiming at lowering the gas cost and increasing the efficiency of transactions, it is more focusing on the scalability of functionalities and easy-to-build. Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers, builders, or community leaders to build their applications and communities. It also makes it easy to use pre-set tools/templates/APIs to facilitate their development, manage collaboration, and enjoy the network effects of the world’s largest decentralized finance eco, without the costs and bottlenecks normally associated with Ethereum. Its scalable protocol supports a wide range of use cases, including NFT platforms, decentralized reddit-like social platforms, open-source developer communities, influencer communities, gamer communities, freelancer communities, crowdfunding, yield farming, DEX trading,etc.

1. METIS Basic Info

SymbolMETIS
NameMetis Token
Web Sitehttps://metis.io
Wallet--
Source--
Explorerhttps://andromeda-explorer.metis.io/
Forum--
Mining
Supply10000000
Available Supply6255330
Market Cap101211239.4
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total10000000
Release Date2021-05-13

2. METIS Technical Info

2.1 METIS Kline Chart Price

2.2 METIS Technical Analysis

The price is expected to fluctuate with a potential downward trend in the short term. The immediate resistance level is around 16.60, and the support level is at 16.00. A break below 16.00 could indicate a further decline toward 15.40. However, the oversold condition might trigger a rebound. The trading volume suggests a potential consolidation phase. In the medium term, the price might continue its downward trajectory but could experience intermittent periods of stabilization and slight upward movement. The overall trend is considered bearish.