Metal blockchain ($METAL) is a layer zero blockchain that allows any chain to deploy and find consensus through the Snow protocols (introduced by Avalanche) allowing it to run on a highly efficient model of Proof-of-Stake (PoS), eliminating the need for Proof-of-Work (PoW). Metal Blockchain improves upon the initial work of Avalanche by adding a fourth subchain (A Chain) to offer a more resource efficient layer for payments and decentralized finance: Proton (based on EOSIO protocol, adding WASM).
Metal Blockchain Price Analysis
As of December 27 2024 Metal Blockchain has a marketcap of $45M.
This is {{percentagefromath}} from its all time high of $1.65.
In terms of its tokenomics, there's a total supply of 667M with 76% currently outstanding.
Keep in mind Metal Blockchain has a fully diluted value of $59M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
