We are always looking for promising projects in various sectors, and DeSci’s blockbuster narrative continues, and Metformin (MET) has captured our attention. Launched just three weeks ago, this microcoin quickly reached a market capitalization of $4.85 million within days of its debut. Since then, the coin has seen significant declines but appears to have started a new upward trend.
Metformin, a widely prescribed medication for type 2 diabetes, is gaining attention from the scientific community for its ability to extend life and improve health. A new decentralized science (DeSci) project in longevity research explores metformin’s anti-aging properties while leveraging blockchain technology to enhance transparency and collaboration.
(source)
Decentralized Science: Revolutionizing Research Through Disruptive Funding
DeSci is rapidly emerging as a transformative approach to scientific research, democratizing access to funding, collaboration and knowledge sharing. This metformin project aligns with successful DeSci initiatives such as URO, which focuses on kidney health, and RIF, a platform for rare disease research. Both projects highlight the potential of decentralized models to accelerate innovation and break down traditional barriers in academia and industry.
Major players in the cryptocurrency world, including Binance and its CEO Changpeng Zhao (CZ), have shown strong interest in DeSci. Binance’s support for DeSci’s initiatives underscores the growing belief that blockchain can enhance transparency, reproducibility, and accessibility of scientific research.
Don’t miss: Vitalik Buterin and CZ met at the Decentralized Science event: Is VITA the best DeSci to buy?
MET is the latest Pump.Science token that brings a new era to Science and Blockchain
(dead USDT)
Interest in DeSci projects is growing along with the emergence of associated tokens. At a market cap of $1.2 million, MET could be undervalued. The MET chart shows sharp rises and periods of consolidation. The token peaked at a local high but corrected and settled near the $0.001100 support level. Recent increases in trading volume indicate renewed interest. The price is now moving towards the major resistance level at 0.002000.
This trend reflects the broader market’s enthusiasm for projects that combine scientific innovation with blockchain technology. Crypto thrives on innovation and new narratives, and DeSci is leading the way by seamlessly integrating both.
The team is highly specialized and experts in the medical field. The current market value is relatively low compared to other projects, providing a strong opportunity for growth. Send it!
#Desai $MET @metforminsol https://t.co/EBefnaC283
– Nig (@Nightensor) December 9, 2024
Discover: Nvidia faces class action lawsuit over cryptocurrency mining sales after Supreme Court rejects appeal
Join the 99Bitcoins News Discord here to get the latest market updates
The post Will Crypto Fund Key to Life Extension: New DeSci Token Metformin (MET) appeared first on Pump.Science appeared first on 99Bitcoins.