Token

Metis

Coin

<ul class="news-points"> 
 <li><strong>MetisDAO’s Ecosystem Development Fund worth $360M fuels a surge in Metis network activity and project engagements.</strong></li> 
 <li><strong>METIS value skyrockets 426% in 30 days, signaling strong investor confidence and ecosystem growth.</strong></li> 
 <li><strong>Ecosystem tokens MAIA and HERMES soar, with liquidity pools offering up to 350% rewards, invigorating the Metis network.</strong></li> 
</ul> 
<p>The MetisDAO Foundation’s <a href="https://x.com/LouisCooper_/status/1739316797382283626" target="_blank" rel="nofollow">recent unveiling</a> of an Ecosystem Development Fund (EDF) worth 4.6 million METIS, translating to over $360 million, marks a pivotal moment for the Metis network. This fund, dedicated to fostering development and adoption within the Metis ecosystem, has set the stage for a surge in user activity and project engagements.&nbsp;</p> 
<p>Starting in the first quarter of 2024, these funds will enhance the network’s vitality following the release of the Metis decentralized sequencer.</p> 
<h2 class="wp-block-heading" id="h-surging-token-values-and-liquidity-pools"><strong>Surging Token Values and Liquidity Pools</strong></h2> 
<p>In the wake of this announcement, Metis (METIS), the native cryptocurrency of the layer 2 network, witnessed a rise in its value. This increase is part of a 30-day gain of 426%, with trade volumes hitting $76 million, up from $2 million at the start of December.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="704" height="542" src="https://coinedition.com/wp-content/uploads/2023/12/Metis-1.png" alt="" class="wp-image-358168" srcset="https://coinedition.com/wp-content/uploads/2023/12/Metis-1.png 704w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-300x231.png 300w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-380x293.png 380w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-116x89.png 116w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-578x445.png 578w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-321x247.png 321w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-312x240.png 312w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-214x165.png 214w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-274x211.png 274w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-91x70.png 91w, https://coinedition.com/wp-content/uploads/2023/12/Metis-1-97x75.png 97w" sizes="(max-width: 704px) 100vw, 704px">
  <figcaption class="wp-element-caption">
   <em>METIS/USD 24-hour price chart (sou…</em>
  </figcaption>
 </figure>
</div>
<p>The post <a href="https://coinedition.com/metisdao-takes-off-is-this-just-the-beginning-for-metis/">MetisDAO Takes Off: Is This Just the Beginning for METIS?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

MetisDAO Takes Off: Is This Just the Beginning for METIS?

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