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Meteora’s TGE: What is fair value for MET?

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Hi all, happy Tuesday. While Monday opened strong, weakness prevails broadly across the board. Under the surface, spot DEX volumes and active loans remain near highs. There’s a new token launching this week with Meteora’s MET: Where may fair value lie?

Indices

The week began with strength as BTC moved 7% higher from the low set this past Friday. Launchpads were the top performing sector on Monday’s trading session, while AI was the top loser, reversing some of the relative strength and weakness exhibited by each over the past week. 

Zooming out to the weekly, the recent…

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