MetaArena (TIMI) Price Down 4.87%: Key Factors Behind the Decline

MetaArena $TIMI is currently trading at $0.01389, down by 4.87% in the last 24 hours. Despite the price dip, trading volume has surged significantly, reaching $1.18B, up 200.71% from previous levels, which suggests active trading but a temporary pullback in price.

With a market cap of $5.53M, MetaArena still maintains a relatively low valuation compared to its fully diluted valuation (FDV) of $29.16M, indicating potential for future growth if market conditions improve. The volume-to-market cap ratio of 21789.22% shows intense trading activity relative to its market cap, which may point to short-term speculation or profit-taking after a recent price run.

The circulating supply of 398.24M TIMI out of a total 2.1B TIMI suggests that there’s still a large amount of tokens yet to be released, which can contribute to market fluctuations. The project’s 31.24K holders reflect growing interest but are likely feeling the effects of the price correction.

Overall, today’s decline seems tied to short-term profit-taking and volatile market conditions, rather than a fundamental breakdown in the MetaArena ecosystem.

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