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‎Meteora made its market debut with intense volatility, sliding from $0.75 pre-TGE to around $0.2095 as traders adjusted to its liquidity structure. Within hours, the token swung between $0.2175 and $0.2003, showing signs of speculative testing.

‎Reports suggest that two wallets claimed over $9M worth of tokens, creating unease about potential centralization. However, the MET/USDT listing on BingX has brought notable trading depth and visibility, even amid early uncertainty.

‎With 48% of total supply already in circulation, the market is currently consolidating. If liquidity holds and new capital enters, Meteora could re-establish its role as a leading DeFi liquidity layer on Solana.

‎What are your thoughts on whether the price floor can hold through this correction phase?

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