Meteora DEX formally confirmed its token generation event (TGE) and airdrop for its native MET token

Meteora DEX, a prominent Solana-based decentralized exchange and liquidity protocol, has officially announced its highly anticipated token generation event (TGE) for the native MET token, scheduled for October 2024. This milestone marks a significant development in the DeFi ecosystem, as Meteora prepares to distribute tokens through an airdrop to eligible community members and early adopters.

The announcement comes amid growing momentum in the Solana DeFi space, with investors and cryptocurrency enthusiasts closely monitoring the upcoming MET token launch. As a leading liquidity protocol on one of blockchain's fastest-growing networks, Meteora's TGE represents a major opportunity for participants in the decentralized finance sector.

The MET token airdrop is expected to reward active users of the Meteora platform, following the successful model established by other prominent DeFi protocols. With Bitcoin and broader cryptocurrency markets showing renewed interest, the timing of Meteora's token launch could capitalize on positive market sentiment. Crypto traders and DeFi participants are advised to monitor official announcements for airdrop eligibility criteria and distribution details as the October launch approaches.