$MET is now the biggest position in my portfolio and by far the best risk/return on-chain at $214M FDV. If you are bullish on on-chain adoption, $MET is an obvious play. Not only are they the LP of choice for numerous launchpads but their DLMM pools are incredibly powerful. Current TVL sits at $430M with $220M 24 hour volume. In their first year focusing on revenue, Meteora generated $100M and have become the backbone of the Solana ecosystem. In less than 2 months, $MET have spent $12.2M on buybacks, accumulating 28,955,175 tokens (2.9% of total supply). FDV is currently 2X annualized revenue. So far, 62% of revenue has gone into token buybacks. An easy longterm hold, all you need with $MET is patience.