MET Trading Live on Binance Pre-Market, Currently Priced at $1.53, Fully Diluted Valuation Reaches $1.53 Billion

BlockBeats News, October 11th, MET (Meteora) was listed on Binance's perpetual contract trading and saw a pre-market surge to touch $1.6352. It is currently trading at $1.53, with a corresponding fully diluted valuation of $15.3 billion.

Prior to this, Solana's ecosystem liquidity protocol Meteora announced the MET tokenomics. The total token supply is 1 billion, with 48% of the total supply circulating at TGE. 20% of the tokens are allocated to Mercurial stakers, 15% to Meteora users (through the LP incentive program), 3% to Launchpads and Launchpool ecosystem, 2% to off-chain contributors, 3% to Jupiter staking incentive program, 3% to centralized exchanges, market makers, etc., and 2% to M3M3 stakers. In the remaining allocation, 18% is reserved for the team, vesting over 6 years, and 34% is allocated to the Meteora Reserve, also vesting over 6 years.