DeFi · rank #204

Meteora MET

MET cycle analysis · chart, confirmed lows and fundamentals

$0.3385-0.0% 1d-11.2% 7d+19.1% 30d

Phoenix · monthly · score 37.4 mixed

45.0% below its 365-day high of $0.6158 (2025-10-24), +259.0% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.09730.23190.55262025-102026-042026-10peak 0.6158low 0.0943 (85%)monthly trigger 0.1909
Where it stands

Not on the Broken Coins list.

Not on the Broken Coins list: 45% below its rolling 365-day high, under the 50% Watch line, and no crash trigger.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +259.0% above the Jun 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
3g 2Ug 2Ug 2Ug 2Ug
Confirmed low
$0.0943 · 2026-06-30
Position
4 of median 6 (max 6)
Current low
$0.0943 · confirmed
Cycle-low confidence
—
Confirmed lows
2

Weekly 1

Last bars
2Ug 1r 2Ug 1r 1g
Confirmed low
$0.1816 · 2026-09-06
Position
7 of median 6.0 (max 15)
Current low
$0.1816 · confirmed
Cycle-low confidence
39% · in band
Confirmed lows
7

Daily 1

Last bars
2Dr 2Dr 1g 3g 1g
Confirmed low
$0.3149 · 2026-10-18 (daily)
Position
3 of median 4 (max 13)
Current low
$0.3149 · confirmed
Cycle-low confidence
29%
Confirmed lows
74
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0943 (Jun 2026), month 4 of a cycle that has typically run 6.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.1816 (Sep 2026), week 7 of a cycle that has typically run 6. Cycle-low confidence 39%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.3149 (2026-10-18), day 3 of a cycle that has typically run 4. Cycle-low confidence 29%.
  • Phoenix: 85% decline over 8 months, monthly swing low confirmed (next-bar), now +259% above the trough; pullback #3 confirmed 2026-09-13.
  • Gauges: Mayer multiple 1.76 (neutral); -39% from the all-time high.

Has Meteora bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the MET snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0943 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.1816 from 2026-09-06. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.3149 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Meteora below its high?

The Coinbase price snapshot is 45.0% below its rolling 365-day high of $0.6158 from 2025-10-24. Separately, CoinGecko reports -50.7% relative to its all-time high of $0.6869 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Watch; recovering · Phoenix monthly → Phoenix monthly
  2. Phoenix monthly → Watch; recovering · Phoenix monthly
  3. Watch; recovering · Phoenix monthly → Phoenix monthly
  4. First observed: Watch; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.6158 · Oct 2025
Trough
$0.0943 · Jun 2026
Decline
-84.7% over 8 months
Above trough
+259.0%
Monthly
confirmed (next-bar) · trigger $0.1909
Weekly
confirmed (late (2 bars))
False bottom
none
Entry
pullback #3 low $0.1816 confirmed 2026-09-13 · trigger $0.2233
Score 37.4
decline27.4
confirmation25
earliness0
stale-15
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health52 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
6.35 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.79 x9.1 / 15
Size (market-cap rank)
survivorship
204 #3 / 15
Age on Coinbase
survived a cycle
1.0 yrs1.4 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$175.5M
Fully diluted
$314.1M
24h volume
$11.1M
Circulating
557,430,195 of 1,000,000,000 max
All-time high
$0.6869 · 2025-10-23 (-50.7%)
Mayer multiple
1.763 · neutral
Pi cycle
0.534
On Coinbase since
2025-10-23 (364 bars)
CoinGecko id
meteora

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources