Fast-growing cryptocurrency exchange Bitrue will support the launch of Meteora MET through trading and special events, distributing a total of over 230,000 MET to the community across a series of launch campaigns.
Investors who wish to claim a portion of this MET fund can do so immediately by participating in Bitrue’s Launchpool feature. Meteora is currently being distributed to users who stake ADA, SOL, or Bitrue’s platform token BTR. 8,000 MET will be rewarded to stakers over the next few days, and once the launch period ends, all staked coins will be returned to users, effectively providing free rewards to early supporters of the coin.
Meteora is a DeFi protocol running on Solana that gives developers access to on-demand, dynamic liquidity infrastructure. The project has already secured a $1 billion valuation ahead of a token generation event with major backers including industry giants such as Alameda Research, OKX Ventures, and Solana Ventures. News of the impending launch date sent ripples throughout the broader Solana ecosystem due to the increase in trading activity already observed and the expected surge in Meteora pool TVL at the time of token distribution.
“We are thrilled to once again be able to distribute these coins to Bitrue users and offer them an unmissable opportunity to add these coveted coins to their portfolio.” Adam O’Neill, Chief Marketing Officer at Bitrue, said: “Meteora’s significant venture capital backing and its technological innovations mean that industry veterans consider this launch to be one of the year’s biggest events.”
Meteora trading is scheduled to begin on October 23rd, with the exact date and trading pairs confirmed on Bitrue’s official X account. Additional events are also being planned, including a new user bonus where every 100 MET depositor receives a 50 MET bonus. All users are also eligible to participate in trading contests that require a total trading volume of 100 MET and will also receive a referral bonus for referring new users to the exchange.
Meteora flexible staking will be available starting October 24th with an expected APR of 20%.
Bitrue remains committed to its strategy of supporting high-impact coins and will continue to support anticipated token launches for the remainder of 2025 and beyond.
About Bitrue
Founded in July 2018, Bitrue is a global cryptocurrency exchange specializing in providing a variety of digital financial services through blockchain technology. The platform supports over 700 cryptocurrencies and offers a wide range of products including spot trading, futures, OTC, staking, copy trading, and alpha trading. Due to its wide range of assets, Bitrue ranks among the top exchanges in the XRP market by trading volume. We also offer a variety of staking and investment products that balance liquidity and credited rewards with annual interest rates of up to 30%. With a focus on security and user protection, Bitrue actively partners with projects such as XRP and ADA to drive the growth of the digital economy through continuous product innovation and global ecosystem collaboration.
Official channel:
Website: https://www.bitrue.com/
X (Twitter): https://x.com/BitrueOfficial
LinkedIn: https://linkedin.com/company/bittrue
Telegram: https://t.me/bittrueofficial
