Metal DAO (MTL) is the governance and utility token for the Metal L2 Optimistic Rollup, part of the Optimism Superchain, used for gas fees and protocol decisions.
MTL trades around ≈$0.28–$0.29 USD (~৳24–৳26 BDT), significantly below its long-term all-time high (~$17+), indicating deep historical correction and low price momentum.
Market capitalization is modest (tens of millions), and daily volumes vary, reflecting smaller liquidity compared to major tokens.
Recent price action shows sideways consolidation with small upticks, rather than strong trend development.
Technical sentiment remains mixed — small range trading suggests indecision among traders as broader crypto markets influence direction.
MTL’s outlook is largely speculative with potential upside tied to governance developments and Layer-2 ecosystem growth.
@Metal Pay $MTL #MTLLONG #mtl