[LIVE] Meteora’s $1 Billion Token Launches TODAY With 48% Supply Unlocked—Track the Most Controversial Launch in Solana History
Solana’s DeFi ecosystem is witnessing its most controversial token launch ever. Meteora (MET), the protocol controlling 26% of Solana’s DEX market share and $829 million in whole worth locked, is releasing 480 million tokens to the public with ZERO vesting interval.
That’s 48% of the whole provide hitting the market concurrently, shattering each conference in crypto tokenomics. Pre-market betting on Polymarket suggests a $750 million to $1 billion totally diluted valuation, however analysts warn this unprecedented provide shock might set off a 50-70% crash inside hours—or show that revolutionary distribution fashions can truly work.
Meteora generates $3.9 million in each day charges (8x greater than competitor Raydium) and has processed $208.7 billion in cumulative quantity since February 2023, making this one among the most important token launches in Solana historical past.
The protocol’s “Liquidity Distributor” mechanism is designed to forestall the typical airdrop dump—however with almost half the provide unlocking without delay, the subsequent 24-48 hours will both validate a brand new tokenomics paradigm or create one among crypto’s most spectacular faceplants.
Live MET Price and News Updates, October 23:
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