Metal Price Prediction: Is Metal (MTL) Cryptocurrency a Good Investment?

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What Is the Metal Price Prediction Today

AT A GLANCE

  • In 2024, Metal price is expected to reach $1.6225930562651234, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $0.49140986633735806 to $1.842, with WalletInvestor predicting a breakthrough leading to a price rise to $1.842
  • By 2030, MTL price can hit $1.6225930562651234

Metal Fundamental Analysis

Project name
Metal
Stock Symbol
MTL
Current Price
1.175621689802292
Current Supply
66588888

Metal is a blockchain project that aims to simplify utilizing cryptocurrencies for the average user and make them more accessible. Its goal is to allow users to send and receive money using only phone numbers. MTL is a cryptocurrency with a focus on day-to-day use. 

Metal is built on Ethereum and allows the users to convert fiat to crypto and vice versa. It’s a tool for processing payments with the use of MTL coins. Metal offers the platform and the mobile app that pay the clients for buying things. For instance, each transfer made with Metal Pay may bring the user 5% of cashback. Moreover, the transactions are instant and without fees (if the users send, receive or convert MTL tokens), or with small fees when buying other cryptos. If the user holds over 10000 MTL the fees are not applied. 

The idea is to make it so convenient that people will use it regularly. MTL is also fueling Metal Pay which became one of the few FDIC-insured on-ramps to cryptocurrency in the USA. 

The company was launched in 2017, introducing to the market its first application Metal Vault — a web wallet for storing MTL and other ERC-20 tokens. In September 2018 the project introduced its Metal Pay payment processing app. In 2019 the project team released the update that allowed users to buy and sell 15 different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, etc

Metal uses a Proof of Processed Payment consensus mechanism that allows rewarding the users for transactions but also punishes the bad behavior to prevent gaming the platform. 

MTL is a native ERC-20 token that powers the ecosystem and now operates on the Ethereum blockchain with plans to become available on the native Metal blockchain called Proton. 

Metal Live Price Chart

Since May, 2021, when the MTL coin was gaining the price during the bull rally of the crypto market the asset has been in the downtrend. In the middle of May, its price dropped from $4.1 to $3.1 and then continued to decline till it reached $2.1 on May 19. The token was bouncing, trying to sustain the higher level, and at the beginning of June climbed to $2.8, but couldn’t fight with the overall downtrend. 

On June 22 the MTL crypto dipped to $1 but recovered this loss in the next 2 weeks gaining 80%. As the market was bearish the token couldn’t grow above $2 until the beginning of August when the market started to flip. 

The Metal coin stayed in the uptrend until the end of the summer. On August 31 the token hit $4.7, but couldn’t sustain this level and went down to $3.3 in the next few days. By the end of September, the MTL token fell to the level of $2.8 and then started to grow at the beginning of October as the crypto market was going bullish. 

The asset was trading around $3.4, slowly losing its price. At the beginning of December, the MTL token price was already $2.8. On December 5 the Metal coin lost 75% of its value, dipping to $2.1. The price of the token continued in a moderate downtrend till the end of January, 2022. At that time MTL was trading for $1.3. In the next 2 weeks, the price grew to $1.8 and then returned to the previous level.

As the market started to show the signals of recovery from the bearish trends in mid-March, the MTL token also started to go up. By the beginning of April, it reached the level of $2.1, went for a short market correction, and continued to grow, jumping between $2.2 and $1.9.

During the last week, the MTL coin has risen by 57% and keeps increasing even though the whole crypto market is currently declining. The analysts expect the asset to gain more value in the near future, though they don’t expect the MTL price to reach above $2.9. 

Metal Technical Analysis

Despite the fact that 100% accurate technical analysis for Metal cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated MTL buy-and-sell rating for selected timeframe. The summary for MTL/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

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Metal Price Prediction

Below we have collected the most reliable price projections for Metal (MTL) from popular forecast platforms.

Metal Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$1.17573421
3%
3%
2025
$1.36287102
22%
22%
2026
$2.21365300
88%
88%
2027
$1.99589356
75%
75%
2030
$2.12723468
63%
63%

Metal Price Prediction for 2024

As for Metal price predictions for 2024, there are divergent opinions. PricePrediction.net expects an upturn towards $1.21089, and WalletInvestor echoes with ~$1.769 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Metal’s future price, citing numbers downwards of $0.6701 in December.
Potential ROI: 3% Buy

Metal Price Prediction for 2025

In their Metal price predictions for 2025, TradingBeast’s forecasts the coin’s price to go above $1.351965 by December. Forecasting Metal's future, WalletInvestor expects further growth, too, saying the Metal price will reach ~$2.435 by that time. On the contrary, PricePrediction.net keeps predicting Metal price decline, quoting prices around ~$0.5173 in 2025.
Potential ROI: 22% Buy

Metal Price Prediction for 2026

The experts are unanimous in their Metal price forecasts for 2026 — everybody expects Metal’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $1.434258. According to WalletInvestor’s research, Metal’s price can go up to $3.093. TradingBeast’s forecast is also positive: its analysts hold the view that by 2024 Metal’s price will be about $2.092607.
Potential ROI: 88% Buy

Metal Price Prediction for 2027

PricePrediction.net has only optimism in store for the 2027 Metal price prediction, valuing Metal at $2.104363 by the end of 2027. WalletInvestor agrees with a positive forecast and predicts, in turn, $3.74 for the same period. On the other hand, TradingBeast’s team is more pessimistic — their Metal price prediction for December of this year is just $0.3409.
Potential ROI: 75% Buy

Metal Price Prediction for 2030

Speaking of long-term Metal price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Metal price will grow further and eventually reach $1.775189 by the end of the decade. WalletInvestor’s price prediction for Metal echoes with the projection of an uptrend to $2.8798. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $1.093328.
Potential ROI: 63% Buy

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, Metal (MTL) projections are rather contradictory. There is no universal consensus either about positive or negative future MTL price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Metal projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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