Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest

CryptoNewsNetCryptoNewsNet2026/10/08 11:48
By:CryptoNewsNet
Back to the list

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest image 0  coinedition.com 25 m
Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest image 1

Meteora ($MET) has extended its recent rally, with the token gaining 43.65% over 24 hours. $MET trades around $0.4479 after reaching nearly $0.4821 during the latest advance. Its seven-day gain has also reached 45.19%, highlighting a sharp change in market momentum. Trading volume stands near $221 million, while its market capitalization approaches $250 million.

$MET Rally Pushes Toward Key Resistance

$MET recently broke above its previous consolidation range on the four-hour chart. Buyers drove the token through several Fibonacci levels before the rally met resistance near $0.4821.

Significantly, $MET remains above its major exponential moving averages. The 20 EMA stands at $0.3600, while the 50 EMA sits at $0.3325. Additionally, the 100 EMA and 200 EMA remain lower at $0.3154 and $0.2861.

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest image 2 Meteora Price Dynamics (Source: TradingView)

This alignment supports the broader bullish structure. However, the sharp price expansion leaves $MET vulnerable to profit-taking. The Bollinger Band %B reading near 1.01 also shows that price sits around the upper band.

A sustained close above $0.4821 could strengthen the breakout setup. Hence, traders may watch $0.50 and $0.52 as potential psychological targets.

Related: Cardano Price Prediction: Why Is ADA Rising on Its Own While Bitcoin Trades Sideways?

Conversely, failure to clear $0.4821 could send $MET toward $0.4394. A break below that level would expose $0.4058 and $0.3823.

Open Interest Signals Growing Market Participation

Meteora’s derivatives market has experienced a notable increase in open interest during the recent rally. The metric remained between $7 million and $19 million through much of June and August.

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest image 3 Source: Coinglass

Open interest then climbed during September before approaching $27 million. However, October delivered a much stronger expansion as $MET accelerated higher.

By October 8, open interest reached approximately $50.08 million. That increase suggests traders have added substantial positions alongside the price advance.

Moreover, simultaneous price and open interest growth often points to stronger participation in the prevailing trend. Nevertheless, elevated leverage can also increase liquidation risks during sudden reversals.

Exchange Inflows Add a Risk Factor

Spot exchange flows have also changed as $MET gained momentum. Earlier activity showed relatively balanced inflows and outflows, with occasional inflow spikes above $2 million.

Meteora Price Prediction: MET Surges 43% as DLMM Pro Launch Fuels Market Interest image 4 Source: Coinglass

Recent sessions have instead produced stronger positive netflows. On October 8, net inflows reached approximately $2.35 million while $MET traded near $0.4458.

Additionally, the chart shows a larger inflow spike approaching $10 million. Such movements indicate that more $MET tokens have recently entered exchanges.

However, rising exchange balances can create potential selling pressure if holders decide to realize gains. Therefore, sustained buying demand remains important for the rally.

Meteora Expands Its Liquidity Infrastructure

Meteora has also introduced DLMM Pro as the market absorbs its latest price move. The product expands the platform’s existing liquidity tools for Solana-based token launches.

DLMM Pro combines elements from DLMM, DAMM v2, and Dynamic Bonding Curve products. It gives liquidity providers greater control over how they deploy capital.

Additionally, token projects can customize fees and determine how their markets launch. Fees can also adjust as markets develop, giving projects more flexibility.

Technical Outlook for Meteora ($MET)

Key levels remain well-defined as $MET consolidates after its sharp breakout:

Upside levels: $0.4700–$0.4821 represent the immediate resistance zone. A decisive breakout above $0.4821 could open the path toward $0.5000 and $0.5200.

Downside levels: $0.4394 provides the first support, followed by $0.4058 and $0.3823. The $0.3587–$0.3600 zone offers deeper support near the 20 EMA.

Resistance ceiling: $0.4821 remains the critical level for confirming further bullish momentum. A sustained four-hour close above this level could signal another leg higher.

Will Meteora Go Up?

Meteora’s price prediction depends on whether buyers can defend $0.4394 while challenging the $0.4700–$0.4821 resistance zone. Strong open interest growth and rising market activity support the bullish case. However, elevated exchange inflows could introduce short-term selling pressure.

If $MET breaks above $0.4821 with stronger buying volume, the token could target $0.5000 and $0.5200. Failure to hold $0.4394 could trigger a pullback toward $0.4058 and $0.3823. For now, $MET remains in a pivotal zone, with the $0.4821 breakout level likely determining its next major move.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Trump “Debunks Rumors”? Says He Won’t Attack Iran Before Election; Iranian Foreign Minister Says Negotiations Held Through Mediators

On the US side, Trump stated that productive talks are ongoing with Iran, and that there will be no attack on Iran before the US midterm elections on November 3. The news pushed US Treasury yields lower, while crude oil gave back part of its gains, and gold quickly turned higher. The US has imposed a new round of sanctions on Iran, targeting 17 vessels transporting Iranian crude oil and petrochemical products. On the Iranian side, the Iranian Foreign Minister said that Iran has listened to the US response regarding the "seven-day plan" and will reply within a few days. The commander of the Islamic Revolutionary Guard Corps of Iran stated that they are ready at any time to deliver a devastating response to the enemy, and that the Strait of Hormuz is Iran's strategic red line.

华尔街见闻•2026/10/08 19:42