Meteora (MET2) spikes 4.1% with 500% volume surge, hitting 'extreme greed' on Upbit amid speculative trading.

Meteora (MET2) saw a sharp price increase of 4.1% and a 500% surge in trading volume on Upbit, signaling intense short-term speculative activity. The token's price jumped from around 267 won to a high of 362 won before profit-taking trimmed gains, closing at about 279 won. Upbit's sentiment index placed MET2 in the 'extreme greed' zone at 94, indicating crowded buying and heightened volatility risk. This surge contrasts with steady gains in major cryptocurrencies, suggesting a rotation into smaller tokens. Investors should watch for follow-through buying or quick reversals as the market digests this momentum spike.