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COINOTAG News, citing GMGN market data on November 4, reports that the Solana ecosystem’s token-issuance platform MetaDAO (META) pierced the $7 level and is trading around $7.278 today. The 24-hour gain of 61.54% underscores renewed buying interest in Solana-based issuance rails and governance-enabled tokens. The surge underscores ongoing capital inflows into native Solana ecosystem projects, with investors calibrating exposure to scalable token-distribution infrastructure amid broader market volatility.
Analysts caution that the move could reflect short-term liquidity dynamics rather than a durable breakout. Traders should monitor support near $7.00 and resistance around $7.50, while mindful of overall crypto market risk and Solana-network activity. As META remains linked to ecosystem development and demand for token issuance platforms, readers should evaluate META within the context of Solana-anchored DeFi and NFT trends, rather than extrapolating immediate gains.
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