Meteora Price Crash Recovery & $MET Airdrop Update
Meteora Price Crash shocks investors as Ben Chow scam rumors hit $MET airdrop launch. Can the Solana DEX recover or is it another crypto pump-and-dump?
The Meteora airdrop was one of the most talked-about events on Solana. People were excited, waiting for the new Solana DEX to go live. But what happened next shocked everyone. On October 24, 2025, just hours after launch, the Meteora Price Crash wiped out around 35% of its value.
Now investors are asking is it even legit or another pump and dump token. Let’s uncover it. It is a decentralized exchange (DEX) made for the Solana blockchain. It was built to make DeFi trading faster, safer, and more flexible.
The project got a lot of attention because of its Meteora airdrop listing date, and strong tokenomics. The token started trading on Jupiter, Moonshot, Phantom, Binance Alpha, and OKX Wallet, and later on Bybit and OKX CEX at 2 PM UTC.
It opened at $0.6904, but the asset price crashed to $0.5783, and then settled near $0.571.
Author's summary: Meteora's price crash sparks concerns about its legitimacy.