Market/Exchange

Exchange

Currency Pair

Price

Trading Volume (24h)

MEXC

MTR/USDT

Gate.io

MTR/USDT

Hoo

MTR/USDT

MTR Price Prediction and Price Movement

MTR has been down 48.84 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that MTR's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if MTR is backed by a solid development team and whether MTR's technology has any potential to grow.

Please note that this analysis is purely base on MTR's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.

Meter Stable Price Chart

About Meter Stable

Meter, developed by Meter.io, is the first uncensorable money that is fast, metastable in value and independent of fiat system.

Retain your purchasing power with design that anchors MTR to 10 KWH electricity price – proven to be more stable adjusted for inflation than any fiat currency over the last 60 years

Each MTR is mined by consumption of 10 KWH electricity using SHA256 PoW. The equilibrium price economics of MTR is derived from the cost of production and the PoW miners’ arbitraging behavior.

Key Highlights;

1. Sound Economic Model a. Stability through economic incentives b. Inflation Resistant c. Elastic Supply
2. Truly Permissionless a. Supply driven by miners arbitraging behavior
3. Referenced to physical world a. Each MTR is mined by consumption of 10 KWH electricity using SHA256 PoW
4. True Interoperability & Scalability a. Meter Passport b. Meter Tesla Mainnet