
Meter (MTRG) is an EVM high-performance public chain based on the HotStuff2 consensus mechanism, where the governance token MTRG utilizes Proof of Stake (POS) to secure network integrity, while MTR, a semi-stable coin generated through Bitcoin miner Proof of Work, powers network gas payments. Since its launch in 2020, Meter has established itself as an innovative infrastructure solution in the blockchain ecosystem. As of December 2025, MTRG has achieved a market capitalization of approximately $1,640,750.65, with a circulating supply of 32,276,310 tokens, currently trading at $0.03356 per token. This distinctive dual-token model has positioned Meter as a unique player in the high-performance blockchain space, increasingly playing a critical role in decentralized infrastructure and sustainable consensus mechanisms.
This article will provide a comprehensive analysis of MTRG's price trajectory and market dynamics, integrating historical price patterns, market supply and demand factors, ecosystem development, and macroeconomic conditions to deliver professional price forecasts and practical investment strategies for the period through 2030.
November 2021: All-time high reached at $16.47 on November 3, 2021, marking the peak of MTRG's valuation since its inception.
2021-2025: Extended downtrend period, with the token experiencing significant depreciation from its historical peak.
December 2025: New all-time low reached at $0.02996318 on December 16, 2025, representing a decline of approximately 93.46% over the one-year period.
As of December 27, 2025, MTRG is trading at $0.03356, reflecting a 24-hour decline of 3.78%. The token has demonstrated minor intra-hour gains of 1.08%, yet remains under pressure from broader market sentiment. The 7-day performance shows a marginal decrease of 0.18%, while the 30-day period records a decline of 1.87%.
The token's market capitalization stands at $1,083,192.96, with a fully diluted valuation of $1,640,750.65. The circulating supply comprises 32,276,310 MTRG tokens out of a total supply of 48,890,067, representing 73.50% circulation ratio. Daily trading volume reaches $11,721.77, indicating relatively modest liquidity levels.
With 1,782 token holders and a market ranking of 2,565, MTRG maintains a modest presence in the broader cryptocurrency ecosystem. The token's dominance metric stands at 0.000051% of the overall market.
Current market sentiment reflects extreme fear conditions (VIX: 20), consistent with broader market dynamics as of December 26, 2025.
Click to view current MTRG market price

2025-12-26 Fear and Greed Index: 20 (Extreme Fear)
Click to view current Fear & Greed Index
The cryptocurrency market is experiencing extreme fear, with the index hitting 20. This signals severe investor anxiety and potential capitulation in the market. Such extreme readings historically present contrarian opportunities for long-term investors. When fear reaches this level, it often indicates oversold conditions. However, exercise caution and conduct thorough research before making investment decisions. Monitor market developments closely and consider dollar-cost averaging into positions rather than making large lump-sum purchases during panic phases.

The address holding distribution map provides a comprehensive view of MTRG token concentration across blockchain addresses, revealing the ownership structure and potential market dynamics. This metric tracks the top individual addresses and their respective token holdings, expressed both in absolute quantities and as percentages of total supply, enabling analysts to assess decentralization levels and identify potential concentration risks.
MTRG exhibits notably high concentration characteristics, with the top two addresses commanding 67.89% of the total token supply. The leading address alone holds 46.66%, while the second-largest holder maintains 21.23% of circulating tokens. This substantial concentration in relatively few addresses raises concerns regarding potential centralization risks and governance influence. The subsequent three addresses collectively represent 14.52% of holdings, while the remaining distributed addresses account for only 17.59%. Such skewed distribution suggests that decision-making power and market influence remain concentrated among a limited number of stakeholders, potentially constraining the token's true decentralization objectives.
The current distribution structure poses measurable implications for market stability and price dynamics. With nearly 68% of tokens held by just two addresses, the network faces elevated vulnerability to coordinated selling pressure or sudden liquidity movements. Large holders possess significant sway over market sentiment and price action, particularly in lower-volume trading conditions. Furthermore, the substantial gap between top holders and distributed addresses indicates limited organic diversification, which could hinder long-term market maturity and increase susceptibility to manipulation. The concentration pattern reflects a market structure where institutional or early-stage stakeholders retain dominant control, constraining the token's progression toward genuine decentralization and community-driven governance.

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0x62e3...92daf1 | 1400.00K | 46.66% |
| 2 | 0xea31...11c0c0 | 637.10K | 21.23% |
| 3 | 0x0d07...b492fe | 174.83K | 5.82% |
| 4 | 0x837f...f2bcfb | 145.55K | 4.85% |
| 5 | 0x8caf...ae696d | 115.63K | 3.85% |
| - | Others | 526.89K | 17.59% |
Total Supply Cap: MTRG has a total supply of 48,890,067 tokens, with a circulating supply of approximately 32,276,310 MTRG as of October 2025. This fixed supply cap directly impacts price and investment value.
Current Market Impact: The scarcity mechanism inherent in the token's tokenomics influences price dynamics and investor perception of long-term value retention.
Inflation Hedge Properties: As a cryptocurrency asset, MTRG exhibits certain inflation-resistant characteristics during periods of economic instability, making it potentially attractive during uncertain macroeconomic conditions.
Geopolitical Factors: International political developments and global market trends play a significant role in shaping MTRG's price movements and investor sentiment.
High-Performance Blockchain Architecture: MTRG operates as an EVM-compatible high-performance public chain based on the HotStuff2 consensus mechanism, establishing strong technical credentials since its launch in 2020 and contributing to ecosystem attractiveness.
Ecosystem Application Potential: Widespread adoption of MTRG within its ecosystem and major technological breakthroughs typically drive positive price movements, as demonstrated through investor confidence and market enthusiasm.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.03837 | 0.03308 | 0.02249 | -1 |
| 2026 | 0.04037 | 0.03573 | 0.02429 | 6 |
| 2027 | 0.05593 | 0.03805 | 0.0194 | 13 |
| 2028 | 0.06297 | 0.04699 | 0.02819 | 40 |
| 2029 | 0.06103 | 0.05498 | 0.05278 | 63 |
| 2030 | 0.0754 | 0.058 | 0.04872 | 72 |
Target Investors: Blockchain infrastructure believers, risk-tolerant institutional investors, and long-term value investors seeking exposure to EVM-compatible Layer 1 solutions.
Operational Recommendations:
Storage Solution:
Technical Analysis Tools:
Swing Trading Key Points:
Extreme Price Volatility: MTRG has experienced a devastating 93.46% decline over the past year, declining from historical highs of $16.47 (November 3, 2021) to current levels of $0.03356. This extreme drawdown indicates significant market rejection and potential for further depreciation.
Liquidity Constraints: With only $11,721.77 in 24-hour trading volume and a market cap of approximately $1,083,192.96, MTRG exhibits thin liquidity that may result in substantial slippage for larger trades, creating unfavorable execution prices.
Market Sentiment Deterioration: The token currently ranks 2,565th by market capitalization with only 1,782 active holders. The diminishing holder count suggests waning community interest and potential network effects decline.
Uncertain Regulatory Landscape: Blockchain protocols operating with hybrid proof-of-work and proof-of-stake mechanisms may face evolving regulatory scrutiny across different jurisdictions, potentially affecting network operations or token utility.
Classification Ambiguity: The dual nature of MTRG (governance token) and MTR (semi-stable coin generated through Bitcoin miner POW) creates regulatory complexity that could result in unexpected compliance requirements or restrictions.
Jurisdiction-Specific Constraints: Different regulatory frameworks across major markets may limit MTRG's accessibility, trading venues, or use cases, reducing utility and adoption potential.
Consensus Mechanism Unproven: The HotStuff2 consensus mechanism, while theoretically sound, lacks extensive real-world validation compared to battle-tested protocols. Any consensus-level vulnerabilities could compromise network security.
Layer 1 Competition: Meter faces intense competition from established EVM-compatible chains with significantly larger ecosystems, developer communities, and total value locked. The diminishing market position (down 93% year-over-year) suggests difficulty gaining competitive traction.
Network Adoption Challenges: The semi-stable coin MTR model and POS security architecture require substantial network participation to remain economically viable. Current low transaction volumes raise concerns about network sustainability and long-term economic viability.
Meter (MTRG) represents a highly speculative bet on an emerging Layer 1 EVM-compatible blockchain with novel consensus mechanisms. While the technology offers interesting design choices through HotStuff2 consensus and hybrid POW/POS tokenomics, the token's 93.46% year-over-year decline, thin liquidity, and diminishing holder base suggest significant market skepticism regarding execution and adoption prospects. The project faces formidable competition from established platforms with superior liquidity, ecosystem maturity, and developer adoption. Current valuations may reflect distressed pricing, potentially presenting asymmetric risk-reward for high-risk-tolerance investors, though downside risks remain substantial given the already depressed price levels.
✅ Beginners: Avoid direct MTRG exposure until demonstrating proficiency with established tokens. If interested in Layer 1 innovation, consider minimal positions (under 1% of portfolio) only after thorough due diligence and acceptance of total loss potential.
✅ Experienced Investors: Position MTRG as a high-conviction, speculative holding (3-5% allocation) within a diversified Layer 1 portfolio. Implement strict stop-loss disciplines at -25% from entry and rebalance quarterly to manage concentration risk.
✅ Institutional Investors: Evaluate MTRG as part of emerging blockchain infrastructure due diligence, but maintain significant allocation discipline (under 8%) and require clear development milestones demonstrating network traction before increasing exposure beyond initial research positions.
Spot Trading on Gate.com: Execute MTRG trades directly through Gate.com's spot trading platform where the token maintains active liquidity across multiple trading pairs, providing professional-grade order management tools and tight spreads.
Multi-Chain Bridge Trading: Utilize MTRG's availability across MTR native chain, BSC, and Ethereum networks through Gate.com to optimize entry points based on chain-specific liquidity and gas cost considerations.
DCA Accumulation Programs: Establish automated dollar-cost averaging schedules on Gate.com to systematically build positions during periods of extended weakness while removing emotional decision-making from the investment process.
Cryptocurrency investment carries extreme risk and potential for total capital loss. This report does not constitute investment advice. Investors must carefully evaluate their risk tolerance and financial situation before making any investment decisions. It is strongly recommended to consult with qualified financial advisors before allocating capital to MTRG or any digital assets. Never invest funds you cannot afford to lose completely.
Mirror Protocol's price decline is driven by market volatility, shifting investor sentiment, and broader crypto market conditions. External news and macroeconomic factors also influence its value performance.
MTRG is the Meter Governance token enabling staking, governance participation, and validator roles in the Proof-of-Stake consensus layer. Holders can stake MTRG to earn rewards and participate in network governance decisions.
MTRG price movements are influenced by market conditions, trading volume, cryptocurrency market trends, governance updates, partnerships, and overall market sentiment. Price history and macroeconomic factors also play significant roles in token valuation.
The current price target for MTRG in 2025 is $3.16 maximum and $2.08 minimum, based on recent market forecasts and analysis.
MTRG distinguishes itself through superior liquidity and lower slippage compared to competitors. It offers more efficient price discovery and faster settlement times, making it ideal for traders seeking reliable synthetic asset exposure.
Main risks include market volatility, sudden price fluctuations, and competition from alternative DeFi platforms. Predictions depend on unpredictable market conditions and macroeconomic factors.











