Peter Zhang
Oct 22, 2025 09:18
Solana DEX Meteora is launching its MET token on October 23, with 48% of its total supply entering circulation. Analysts speculate on its potential FDV and market impact.
Meteora, a decentralized exchange (DEX) operating on the Solana blockchain, is set to launch its MET token on October 23. According to CoinMarketCap, nearly 48% of its total 1 billion token supply will be introduced into the market through an airdrop to users and partners.
Tokenomics and Market Impact
The significant release of 480 million MET tokens raises questions about the token’s fully diluted valuation (FDV) and its potential market impact. Polymarket traders currently estimate a 53% probability that the FDV will reach $1 billion within a day of the token’s launch. Despite this optimistic outlook, concerns persist that the large initial circulation could lead to early selling pressure.
Meteora’s Market Position
As a major player in the Solana ecosystem, Meteora commands approximately 26% of the network’s trading volume. The DEX reportedly generates around $3.9 million in daily fees, significantly outpacing competitors such as Raydium, which it surpasses by eight times in fee generation. This robust performance could bolster confidence in the MET token’s market potential.
Exchange Listings and Launchpads
The MET token’s initial exchange offerings will include listings on prominent platforms such as OKX and Bitget. Additionally, the token will be available through several Solana-native launchpads, enhancing its accessibility to a broad pool of investors and traders.
Community and Investor Sentiment
The anticipation surrounding the MET token’s launch has generated significant buzz within the cryptocurrency community. While the potential for a high FDV is promising, the community remains cautious about the implications of a large initial float. Market observers will be closely monitoring the token’s performance in the days following its debut.
As the launch date approaches, the cryptocurrency industry is keenly observing how Meteora’s strategic release of its MET token will influence both its own standing and the broader Solana network.
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