The current real-time price of MTRG is $0.0323. In the past 24 hours, MTRG has traded between $0.0321 and $0.0333, showing strong market activity. The all-time high of MTRG is $16.47, and the all-time low is $0.0294.
From a short-term perspective, the price change of MTRG over the past 1 hour is , over the past 24 hours is +0.37%, and over the past 7 days is -1.97%. These figures provide a quick overview of the latest price trends and market dynamics of MTRG on LBank.+6.33%
The live price of MTRG today is $0.0323, with a current market cap of $1.044M. The 24-hour trading volume is 68K. The price of MTRG to USD is updated in real time.
Before deciding whether to buy or sell MTRG, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MTRG technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MTRG.
How much will MTRG be worth tomorrow, next week, or next month in ? What about your MTRG assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MTRG Price Prediction
To learn more about MTRG, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x0d07...b492fe  | 280.688K | 18.55% |
binance-smart-chain | 0xc882...84f071 | 229.347K | 15.16% |
binance-smart-chain | 0x5945...ac3d51 | 142.925K | 9.45% |
binance-smart-chain | 0x4cc8...00c9a7 | 100.955K | 6.67% |
binance-smart-chain | 0x0ab5...3fa128 | 62,303 | 4.12% |
Other | 696.859K | 46.06% |
The ecosystem utilizes a dual-token system to separate gas utility from governance. MTR (Meter Stable) serves as the gas and payment token; it is "metastable," pegged to the value of 10 kWh of electricity through Proof of Work (PoW). MTRG (Meter Governance) is the native governance and staking token. It is used to secure the network via Proof of Stake (PoS), vote on protocol upgrades, and earn ecosystem rewards.
To participate in staking, a minimum of 100 MTRG is required to create a staking "bucket" and delegate to a validator. By default, staking rewards are distributed in MTR. However, the platform features an "Auto-Bid" function. When enabled, the protocol automatically uses earned MTR to bid in daily on-chain auctions for newly emitted MTRG, allowing users to compound their governance token holdings effectively.
When a user decides to unstake their MTRG, they must undergo an "unbound" process. This process includes a 7-day waiting period. During this week-long window, the tokens are being moved out of the staking contract and are not yet liquid or transferable. Once the 7-day period concludes, the tokens become fully accessible in the user's wallet.
In June 2024, the community passed proposal MIP 14 to burn 30 million unreleased MTRG tokens that were originally reserved for the Foundation. This action reduced the total supply from 70 million to approximately 40 million tokens. The burn was intended to optimize the tokenomics of the project, address potential concerns regarding future dilution, and increase the long-term sustainability of the ecosystem.
Meter is considered a hybrid blockchain because it combines Proof of Work (PoW) and Proof of Stake (PoS) mechanisms. It uses PoW (SHA-256) specifically for the fair creation and distribution of MTR. For transaction validation and consensus, it uses PoS (HotStuff consensus). This combination allows the network to maintain decentralization while achieving high transaction speeds and instant finality.
MTRG can be managed using compatible Web3 wallets, including those supported by LBank, or through hardware wallets for enhanced security. Users can connect to the Meter Mainnet by manually configuring their wallet settings. For bridging assets between Ethereum and the Meter network, the Meter Passport is used. If users require gas for their first transactions after bridging, they can utilize available community faucets or gasless swap features.
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