
Meter (MTRG), as a governance token of a high-performance EVM-compatible public blockchain based on HotStuff2 consensus, has been serving the crypto ecosystem since its launch in 2020. As of February 2026, MTRG has a market capitalization of approximately $929,234, with a circulating supply of around 32.28 million tokens, and the price hovers around $0.02879. This asset, recognized as a "dual-token governance solution," plays an increasingly critical role in securing network operations through Proof-of-Stake mechanisms while utilizing Bitcoin miner PoW-generated MTR as the network's gas payment medium.
This article will comprehensively analyze MTRG's price trends from 2026 to 2031, combining historical patterns, market supply and demand dynamics, ecosystem development, and macroeconomic conditions to provide investors with professional price forecasts and practical investment strategies.
As of February 4, 2026, MTRG is trading at $0.02879, reflecting a market capitalization of approximately $929,234.96. The 24-hour trading volume stands at $12,393.28, indicating moderate trading activity in the market.
The token has experienced price fluctuations across different timeframes. Over the past hour, the price showed minimal movement at -0.03%. The 24-hour period saw a decrease of 4.92%, with the price ranging between $0.02836 and $0.03052. Weekly performance indicates a decline of 7.48%, while the monthly trend shows a reduction of 13.54%. Over the past year, the token has decreased by 77.01%.
MTRG currently holds a market ranking of 2558, with a circulating supply of 32,276,310 tokens out of a total supply of 48,890,067 tokens, representing a circulation ratio of approximately 73.5%. The fully diluted market cap stands at $1,407,545.03. The token's market dominance is recorded at 0.000051%.
The cryptocurrency fear and greed index for February 3, 2026, registered at 17, indicating an "Extreme Fear" sentiment in the broader market.
Click to view current MTRG market price

2026-02-03 Fear and Greed Index: 17 (Extreme Fear)
Click to view current Fear & Greed Index
The crypto market is currently experiencing extreme fear, with the index at 17. This exceptionally low reading suggests investors are highly pessimistic and risk-averse. Such extreme sentiment levels historically present contrarian opportunities, as markets often reach capitulation points before recovery. However, caution remains warranted as further downside risks may persist. Traders should exercise prudent risk management and avoid panic-driven decisions during volatile periods. Consider dollar-cost averaging strategies and maintaining diversified portfolios to navigate through this fearful sentiment phase effectively.

The holding distribution chart reflects the concentration of token holdings across different addresses in the blockchain network, serving as a key indicator of decentralization and potential market manipulation risk. According to the current data, the top address holds 1.4 million MTRG tokens, accounting for 46.66% of the total supply, while the second-largest address holds 637,100 tokens (21.23%). The top two addresses alone control nearly 68% of the circulating supply, indicating a highly concentrated holding structure. The remaining top five addresses collectively hold an additional 12.26%, while other addresses only account for 18.85% of the total supply.
This extreme concentration poses significant concerns for market stability and price manipulation risk. When a small number of addresses control the majority of tokens, large holders can exert substantial influence on market prices through coordinated buying or selling activities. The dominance of the top address at nearly 47% is particularly noteworthy, as any significant movement from this whale address could trigger sharp price volatility and affect market sentiment. Such centralized distribution also suggests that the project may still be in its early stages of development or that tokens are predominantly held by team members, early investors, or institutional partners.
From a decentralization perspective, MTRG's current holding structure indicates relatively weak on-chain governance distribution. A healthy token economy typically features broader token distribution to ensure network resilience and reduce single-point failure risks. The limited number of individual holders outside the top addresses suggests that retail participation remains relatively low, which could impact long-term community building and ecosystem development. Investors should closely monitor any significant transfer activities from major holding addresses, as these movements could serve as early warning signals for potential market changes.
Click to view current MTRG Holding Distribution

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0x62e3...92daf1 | 1400.00K | 46.66% |
| 2 | 0xea31...11c0c0 | 637.10K | 21.23% |
| 3 | 0x0d07...b492fe | 144.51K | 4.81% |
| 4 | 0x837f...f2bcfb | 138.30K | 4.60% |
| 5 | 0x8caf...ae696d | 115.63K | 3.85% |
| - | Others | 564.46K | 18.85% |
| Year | Predicted High Price | Predicted Average Price | Predicted Low Price | Price Change |
|---|---|---|---|---|
| 2026 | 0.03747 | 0.0286 | 0.01687 | 0 |
| 2027 | 0.04459 | 0.03303 | 0.01883 | 14 |
| 2028 | 0.04347 | 0.03881 | 0.03765 | 34 |
| 2029 | 0.0576 | 0.04114 | 0.02469 | 42 |
| 2030 | 0.06566 | 0.04937 | 0.04394 | 71 |
| 2031 | 0.06672 | 0.05752 | 0.03106 | 99 |
(I) Long-Term Holding Strategy
(II) Active Trading Strategy
(I) Asset Allocation Principles
(II) Risk Hedging Approaches
(III) Secure Storage Solutions
MTRG presents a high-risk opportunity within the blockchain infrastructure sector. As the governance token for the Meter network, which utilizes HotStuff2 consensus and combines PoS security with PoW-generated gas payments, the project offers technical innovation. However, the significant price decline of 77% over the past year, limited liquidity with daily volume around $12,393, and market cap ranking of 2558 indicate substantial challenges. The current price near all-time lows may attract contrarian investors, but the limited holder base of 1,785 addresses suggests cautious market sentiment. Long-term value depends on successful network adoption and ecosystem development.
✅ Beginners: Avoid MTRG until gaining more experience with cryptocurrency markets and thoroughly understanding blockchain governance mechanisms. Focus on established cryptocurrencies first. ✅ Experienced Investors: Consider small speculative positions (1-2% of portfolio) only after comprehensive due diligence on Meter network developments. Monitor network growth metrics and governance participation. ✅ Institutional Investors: Conduct detailed technical and fundamental analysis of Meter's consensus mechanism and ecosystem potential before considering allocation. Assess project team credentials and development roadmap.
Cryptocurrency investment carries extremely high risk, and this article does not constitute investment advice. Investors should make prudent decisions based on their own risk tolerance and are advised to consult professional financial advisors. Never invest more than you can afford to lose.
MTRG is the governance token of the Meter blockchain ecosystem. It serves as the utility token for network security, transaction fee calculation, and decentralized governance participation.
MTRG price is primarily influenced by network adoption rate, governance participation level, and market demand. Increased DeFi infrastructure usage and active voting activities enhance token value and utility.
Analyze MTRG's historical price trends by examining candlestick charts, trading volume patterns, and support/resistance levels. Track price movements across different timeframes, identify trend reversals, and compare with market cycles. Monitor key metrics like market cap and on-chain activity to understand price drivers and predict future movements.
MTRG excels with high throughput, EVM compatibility, and innovative gas design. Its on-chain governance is robust. However, it faces stiff competition from more established governance tokens with larger ecosystems and longer track records in the market.
MTRG price predictions for 2024-2025 depend on market trends and investor sentiment. Key risk factors include market volatility, regulatory changes, and fluctuations in transaction volume. Expert analysis suggests potential growth driven by platform adoption and ecosystem development.
MTRG is available on major crypto exchanges. Enable two-factor authentication, use secure wallets, and verify addresses before transactions. Trade on reputable platforms with high trading volume to ensure liquidity and security.
MTRG powers Meter's PoW-based stablecoin system with DeFi infrastructure and cross-chain technology. The project demonstrates strong long-term market potential through sustainable tokenomics and expanding ecosystem adoption.











