Home » Ecosystem » Meteora’s MET leads trending tokens after debut
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New token launches and strategic airdrops drive user engagement as competition rises among Solana-based protocols.
Key Takeaways
- $MET, native token of Meteora, is the top trending token following its recent debut and airdrop.
- Meteora is a Solana-based protocol focusing on liquidity distribution and offers NFTs for automated positions.
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$MET, the native token of Meteora, a Solana-based liquidity protocol, leads trending tokens today following its recent debut, according to CoinGecko. $PENGU and $ASTER, the token of Aster DEX, a decentralized exchange formed from a merger, are trending close behind.
Meteora recently completed an airdrop and exchange listings for $MET, which enables users to earn fees through liquidity distribution mechanisms. The protocol offers features like Position NFTs for auto-managed liquidity stakes.
$MET’s launch coincided with heightened activity in the Solana ecosystem, including integrations with platforms like Jupiter for enhanced liquidity.
