
K D
22.6K posts

K D
@KDcrypto369
Crypto Enthusiast || Gateway to business news and insights|| Exploring the Decentralized web|| Admin and Mod #PLS #HEX #IM #ProveX #ICSAHDRN #Liquid loans




























Why is meteora price going down? - top protocol on solana - $10m+ earnings quarterly - $700m TVL, $30m daily volume - $10b-$40b volume a month, $442m annualized fees (2.5x more than raydium) - FDV is only $257m, 2+ times less than raydium - 10m USDC buybacks in Q4, bought 2.3% of supply. price is still down - top tech solutions like DLMMs and DAMMs So why do you think price is still down? Is it because as always there's no value accrual to holders and price is just determined by speculation and scam pumps? maybe team will announce new changes and sharing mechanisms, since they said they are building long term. I'm still holding big part of my airdrop, thinking token has a potential, but this is crypto price can always go lower. but why do you guys think the price is still going down and FDV is lower than so many worthless projects?
























