As a Layer 2 scaling solution for Ethereum, Metis stands out as a promising investment opportunity due to its unique features and competitive valuation. In what follows, we will find out what Metis offers and explain if it should have a place in your portfolio. We will also tell you about its price prediction in the short (2025) and long term (2030).
What is MetisDAO?
We first need to know what this MetisDAO offers before digging into its native currency, Metis. MetisDAO is a layer-2 solution for Ethereum, a hard fork of Optimism that utilizes Optimistic rollups.
Rollups are communicators between layer-1 (Ethereum) and layer-2 (Metis). Rollups move transaction computations off-chain by transferring them from layer 1 to layer 2.
Once the transaction is executed, layer 2 rolls up the transaction data back into a block. This block is then sent to layer 1 as a whole for verification. We’ve learned about rollups, and now let’s learn what Optimistic rollups are.
Optimistic Rollups
There are two participants in the Optimistic rollup model: the L1 validator and the L2 aggregator. Once L2 executes the transaction, the transaction data gets rolled up into a block.
The L2 aggregator will send the block data back to L1, and by default, L1 assumes the transaction data to be valid, which is precisely why this mechanism is called optimistic.
Optimistic rollups allow transactions to be distributed evenly, enabling Mentis to be scalable and low-cost compared to Ethereum’s crowded and expensive network.
Moreover, since Ethereum is Mentis’ L1, this project has a great level of security and decentralization, which is equal to Ethereum itself. It is also safer than other L1 alternatives, such as Solana and Fantom.
Let’s now head toward learning the features that make Metis stand out among other L2 solutions.
MetisDAO Features
According to MetisDAO, Decentralized Autonomous Organisations (DAOs) will revolutionize business management and the daily operations of a business. However, Ethereum’s current framework cannot handle this, especially because of the high gas and low Transaction Per Second (TPS) speed.
MetidDAO’s layer 2 Ethereum solution aims to solve Ethereum’s six main challenges, i.e.,
- Simplicity
- Speed
- Storage
- Scalability
- Security
- Saving
According to MetisDAO whitepaper,
“Metis creates an ecosystem to build a truly decentralized economy based on Layer 2. We believe this is the future of organizations, communities, and the economy.”
The native token of MetisDAO is Metis (METIS), and one of its core use cases is to incentivize decentralized autonomous companies (DACs) to use Metis’ solutions. Let’s learn what place this coin has in the Metis ecosystem.
What is the Metis Coin?
The Metis coin is an ERC-20 standard token on Ethereum, which is used for governance, paying transaction fees, and staking on DACs that confirm transactions and send them back to Ethereum.
To learn if Metis coin is a profitable investment, we need to look at its price performance since its launch.
Price History
Metis has experienced significant price volatility since its launch in 2021. Despite showing periods of substantial growth, it has also faced considerable downturns.
Year-by-Year Performance
2021
- The earliest trading price of Metis was recorded on May 18, 2021, at $8.03.
- Experienced a sharp decline to its ATL of $3.45.
- Recovered significantly to end the year at $258.37.
2022
- Began the year strong, reaching its ATH of $323.54.
- Suffered a major downturn and ended the year at $16.27.
2023
- Started the year at $16.05
- Recovered to $82.12 by the end of the year
2024
- Began the year at $74.05
- As of November 11, 2024, the price has declined to $51.07
The following price chart on Metis showcases Metis’s price performance in 2024.
Month | High | Low |
January 10th | $101.62 | $79.42 |
February 10th | $92.14 | $85.17 |
March 10th | $111.96 | $104.42 |
April 10th | $92.39 | $87.15 |
May 10th | $61.65 | $58.28 |
June 10th | $66.80 | $63.80 |
July 10th | $41.34 | $39.43 |
August 10th | $33.25 | $32.47 |
September 10th | $30.98 | $29.91 |
October 10th | $31.83 | $30.16 |
November 10th | $53.20 | $48.50 |
We will go further and analyze the financial aspects of Metis to make a better prediction of Metis coin price in the following sections.
Metis Financial Analysis
As of writing this blog post on November 11, 2024, Metis has a 24-hour trading volume of $31.62 million. The Metis coin is being held in 1,208,790 wallets, and in the same period, there have been 22 million transactions made with this coin.
The other key financial factors of Metis that we need to take a look at are Tokenomics, ROI, Market Cap, ATH, and ATL.
Metis Tokenomics
Metis has a maximum supply of 10 million, and currently, 6,101,334 METIS coins are in circulation.
ROI
Metis Token is expected to continue its current market trend in November, potentially reaching a high of $101.41. Prices are predicted to fluctuate between $50.91 and $174.74, influenced by recent market behavior.
Investors could potentially earn a significant return of up to 242.57% if they buy METIS now and sell at the predicted peak.
Metis is projected to conclude the year within a price range of $158.98 to $243.32. This represents a potential price increase of 313.75% compared to current prices.
Investors could potentially realize a substantial profit of 376.99% if the predicted price trajectory materializes.
Market Cap
Metis financial analysis signifies that this coin has a live market cap of $311.74 million and a market cap rank of #174 at the time of writing.
ATH And ATL
Metis’s All-Time High (ATH) was $323.54 which was seen on Jan 16, 2022. Its All-Time Low (ATL) was $3.45 which was recorded on May 23, 2021.
In addition to the financial factors of Metis, fundamental aspects also significantly impact the Metis coin’s future performance. These fundamental factors are team members, investors, and popularity, which we’ll go through below.
Metis Fundamental Analysis
To make the Metis price prediction, we also need to check the non-economic aspects of this coin. In the following subsections, we will analyze Metis’ fundamentals, including its team members and investors.
Team
Metis was co-founded by Elena Sinelnikova, Kevin Liu, and Yuan Su.
- Sinelnikova is the winner of Canada’s Top Women in Blockchain award.
- Liu is an active researcher of the Token Economy, DAO, and DeFi, who has been active in the finance industry since 2003.
- Su has previously been in the tech giant and corporation IBM and the IT scene for more than 20 years.
Investors
One of the biggest investors of Metis is Waterdrips Capital, which is venture capital with other successful blockchain projects, such as Polkadot, Cosmos, Filecoin, The Graph, and Saito, in its portfolio.
Other investors of Metis are as follows.
- AlphaTrue
- Andromeda Capital
- Basics Capital
- Jsquare
- Pentos Ventures
Reviewing Metis’ fundamentals and financial analyses, we can now take a look at the Metis price prediction.
Metis Price Prediction 2025 – 2030 At A Glance
We’ve summarized Metis’ price prediction from 2025 to 2030 in the table below in a digestible way. Keep reading to find out the growth rates of the Metis coins in the coming years in the sections below.
Year | Average Price | Potential ROI |
January 2025 | $161.88 | 296.67% |
January 2026 | $111.47 | 150% |
January 2027 | $48.80 | 1.20% |
January 2028 | $95.23 | 94.72% |
January 2029 | $142.10 | 189.72% |
January 2030 | $181.11 | 263.88% |
Metis Price Prediction 2025
Metis is expected to fluctuate between $87.27 and $207.02 in 2025. The average price is predicted to be around $135.16. February is anticipated to be the most bullish month, with a potential 303% increase from the current price.
Metis Price Prediction 2030
In a best-case scenario, Metis Token could reach $193.41 in March 2030. However, a more conservative estimate places the price at around $131.42 in October. Overall, the average price for 2030 is projected to be $163.76, which is a 218.87% increase from the current price.
Is MetisDAO a Good Investment?
Metis’s price history suggests that it is a high-risk, high-reward investment. While it has the potential for significant gains, it also carries substantial risk.
Investors should conduct thorough research and consider consulting with financial advisors before making investment decisions. You should monitor market trends, technological developments, and regulatory changes that may impact Metis’s price.
FAQ
Let’s answer some frequently asked questions about Metis coin and MetisDAO.
Is Metis a Good Coin?
Yes, Metis is considered a risky yet profitable investment. It has an acceptable price performance, an active community, multiple use cases, and a smart tokenomics system.
What Problem is Metis Solving?
Metis’ goal is to solve the scalability issues of Ethereum via its Layer-2 network solution.
When Did Metis Crypto Launch?
Metis was founded in 2018, and its mainnet was launched on November 2022.