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Metis (METIS) to MYR

Find the real-time Metis (METIS) - MYR conversion rate,along with history, market insights and other vital information to help with your cryptocurrency trading and investing.Use our secure and fast exchange platform to easily convert your Metis (METIS) into MYR, getting competitive transaction fees and enjoy a smooth trading experience!

  • Trade METIS

About Metis (METIS)

Introduction to Metis (METIS), blockchain basics, and how digital currency works

Metis (METIS) is an innovative layer-2 scaling solution built on the Ethereum blockchain, designed to enhance transaction speed and reduce fees for decentralized applications (dApps). As the demand for blockchain technology continues to grow, so do the challenges associated with it, such as network congestion and high gas fees. Metis addresses these issues by providing a more efficient and user-friendly environment for developers and users alike. At its core, Metis operates on a concept known as Optimistic Rollups. This technology allows it to process transactions off-chain while still benefiting from the security of the Ethereum network. By bundling multiple transactions into a single batch, Metis can significantly reduce the load on the Ethereum mainnet, resulting in faster transaction times and lower costs. This makes it an attractive option for developers looking to build scalable dApps without sacrificing security. The project was founded in 2021 by a team of experienced professionals from various fields, including blockchain technology, finance, and software development. The team is led by Elisa R. and includes experts who have previously worked at leading tech companies. Their collective vision is to create a platform that not only supports developers but also empowers users to engage with blockchain technology in a seamless manner. Their commitment to innovation and user experience drives the continuous development of the Metis ecosystem. Metis is more than just a scaling solution; it aims to create a decentralized economy where anyone can build and operate their own applications with ease. The platform supports a variety of use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. By providing tools and resources for developers, Metis fosters a vibrant community and encourages the creation of diverse applications. One of the standout features of Metis is its user-friendly interface, which simplifies the process of interacting with blockchain technology. This accessibility is particularly important for newcomers to the crypto industry, as it allows them to explore the benefits of blockchain without feeling overwhelmed. The platform also includes a robust set of development tools, making it easier for developers to launch and manage their projects. Additionally, Metis has introduced innovative solutions such as the Metis DAO framework, which enables decentralized governance within the ecosystem. This empowers users to participate in the decision-making processes that shape the future of the platform, fostering a sense of community and collaboration. As interest in cryptocurrencies and blockchain technology continues to rise, Metis stands out as a promising opportunity for both new and experienced users. With its focus on scalability, security, and user experience, Metis is poised to play a significant role in the evolution of decentralized applications. In summary, Metis (METIS) represents an exciting advancement in the blockchain space, providing a scalable and efficient platform for developers and users. With a strong team at the helm and a commitment to innovation, Metis is well-positioned to capture the growing interest in the crypto industry and provide valuable opportunities for all participants.

Metis (METIS) to MYR Real-Time Market Price

RM23.27-11.13%(5m)
5m4H1D1W1M

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Conversion RateMetis (METIS) to MYR

METIS to MYR

  • Qty
  • 0.5 METIS11.63 MYR
  • 1 METIS23.27 MYR
  • 5 METIS116.36 MYR
  • 10 METIS232.73 MYR
  • 50 METIS1163.67 MYR
  • 100 METIS2327.35 MYR
  • 500 METIS11636.77 MYR
  • 1000 METIS23273.54 MYR

MYR to METIS

  • Qty
  • 0.5 MYR-- METIS
  • 1 MYR-- METIS
  • 5 MYR-- METIS
  • 10 MYR-- METIS
  • 50 MYR-- METIS
  • 100 MYR-- METIS
  • 500 MYR-- METIS
  • 1000 MYR-- METIS

Metis (METIS) to MYR Trending

Price History

24H
QtyCurrent Price24H Ago24H Change%
0.5 METIS11.63 MYR10.44 MYR
+11.37%
1 METIS23.27 MYR20.89 MYR
+11.37%
5 METIS116.36 MYR104.48 MYR
+11.37%
10 METIS232.73 MYR208.96 MYR
+11.37%
50 METIS1163.67 MYR1044.84 MYR
+11.37%
100 METIS2327.35 MYR2089.68 MYR
+11.37%
500 METIS11636.77 MYR10448.43 MYR
+11.37%
1000 METIS23273.54 MYR20896.86 MYR
+11.37%

Metis (METIS) to MYR Insights

Price Volatility of Metis (METIS) Metis (METIS) has recently experienced significant price volatility, reflecting broader trends in the cryptocurrency markets. As of the latest updates, METIS has seen fluctuations in its value, influenced by both market sentiment and external economic factors. The project positions itself as a Layer 2 scaling solution for Ethereum, aiming to enhance transaction speeds and reduce costs. However, like many cryptocurrencies, METIS is susceptible to sharp price swings driven by trading activity, speculative interest, and macroeconomic developments. Investors should remain vigilant, as this volatility can present both opportunities and risks. Institutional Investment Trends Institutional interest in cryptocurrencies, including METIS, has been on the rise. Recent reports indicate that more hedge funds and traditional financial institutions are diversifying their portfolios by incorporating digital assets. This trend towards institutional adoption is crucial for the long-term sustainability of cryptocurrencies. For METIS, increased institutional investment could enhance liquidity and stabilize its price, creating a more robust market environment. Institutions are often attracted to projects that demonstrate real-world utility and technological innovation, qualities that Metis is actively pursuing. Impact of Global Regulatory Policies The regulatory landscape for cryptocurrencies is evolving rapidly across the globe, with varying approaches taken by different jurisdictions. Recent developments in regulatory policies can significantly impact the trading environment for METIS and other cryptocurrencies. In regions where regulations are becoming more favorable, we are seeing a surge in investor confidence and market participation. Conversely, stringent regulations could impose challenges, especially for projects like Metis that aim to provide decentralized solutions. Keeping an eye on regulatory updates is essential for stakeholders looking to navigate the complexities of the crypto market effectively. Shifts in Market Sentiment Market sentiment plays a pivotal role in the performance of cryptocurrencies. The current sentiment surrounding METIS appears to be cautiously optimistic, as investors are increasingly looking for promising Layer 2 solutions amidst the scaling challenges faced by Ethereum. Positive developments such as partnerships, network upgrades, and community engagement initiatives have contributed to a favorable outlook for METIS. However, the overall crypto market sentiment can be influenced by macroeconomic factors such as inflation rates, interest rates, and geopolitical tensions, which can lead to sudden changes in investor behavior. Conclusion In summary, Metis (METIS) is navigating a dynamic market characterized by price volatility, growing institutional interest, and evolving regulatory frameworks. Investors and stakeholders should remain informed about these trends, as they can significantly impact the future trajectory of METIS and the broader cryptocurrency landscape. Keeping a pulse on market sentiment and regulatory developments will be crucial for those looking to capitalize on the opportunities presented by this innovative blockchain project.

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Fear & Greed Index: 24

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Top: + 0.35%

PoW: + 0.41%

BNB Chain: + 0.35%

Infrastructure: -0.13%

DeFi: + 0.22%

Polkadot: -0.29%

NFT: + 2.06%

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Market Info

  • Current Price

    23.27

  • Market Cap

    34166985.85827137

  • 24h Vol

    22330.51

  • Initial Price

    22.42

  • Issue Time

    2021/02/09

  • Circulating Supply

    6498834.342

  • Max Supply

    10000000

  • 24h Change%

    -11.13%

  • 24h Change

    17.43

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