Metronome (MET) is best known for their cross-chain import and export features known as ‘chain-hopping’. The token is now available on the Edge Wallet.
MET is down around 1.5% today. Holding steady, Metronome (MET) seems to be keeping time for the volatile market.
Tick tock. Tick tock. Can you hear the beat of the market? While the string section of the altcoin symphony swoons alongside Bitcoin’s latest number, one altcoin can be heard keeping time behind the band.
While the swinging melodies of the current symphonic movement may threaten to lose their intended audience, the steady rhythm of Metronome (MET) helps keep our attention focused on this exciting project. And as the band pauses to tune up for the next number, Metronome (MET) stepped forward today to announce that the token has been made available on Edge Wallet.
— Metronome Token (@MET_Token) March 25, 2020
What is Metronome (MET)
Metronome (MET) is a self-governed, reliable and portable cryptocurrency. It is used in the payment space as way of allowing recurring subscriptions between two addresses. But MET also has the unique ability to be sent to multiple recipients in a single transaction. This ‘mass pay’ feature can save the user a fortune on fees, charged per transaction in most cases. These advanced payment features make Metronome (MET) a true competitor amongst the growing number of altcoins in the space.
But there is another feature that truly sets Metronome (MET) apart from their competitors. Metronome is perhaps best known for their unique cross-chain abilities. The chain-hop feature incorporated into the currency allows for MET to be transferred from one network to another, keeping the MET in tact.
According to the team at Metronome (MET),
“We expect that MET will act as a store of value that is decentralized across blockchains. Since MET will be capable of being exported and imported across chains, it will empower users to move MET for whatever reason they desire. Other cryptocurrencies cannot do this… Cross-chain export and import of MET will provide the ability to migrate from one blockchain to another in the event of a failure.”
Brief Market Analysis of Metronome (MET)
Metronome (MET) is ranked number 526 at coinmarketcap.com. With a total market capitalization of US $2,948,920, MET boasts a volume of US $25,372.28 over the past 24 hours. Currently there are 10,317,053 tokens circulating out of a total supply of 11,841,302.
Metronome (MET) is currently down 1.41%. Currently trading at US $0.285830, Metronome (MET) looks ready to increase the tempo and lead the market in a chorus of rhythmic flair.
In short, Metronome (MET) has set itself apart from others in the payment space by creating an expanding use-case for their mass-pay, chain-hopping, time keeping recurring payment token. And as steady as the token has been trading lately, I expect Metronome (MET) to catch an upbeat in the near future.
Disclaimer: This article is not meant to give financial advice. Opinions herein are purely the author’s and do not necessarily reflect those held by Crypto Gazette. Do your own research before investing. Thanks.