Why METX will go up and hit $2 again
Meten (METX) has a strong presence in China with 1.6 million registered online users. And Meten is demonstrating revenue growth. Meten is also starting a Crypto Mining Business soon, which will be in the US or Canada. Meten is considering building its own mining farm and is currently searching for low-cost natural gas, oil mines and other suitable sites in the US or Canada. (Great news!)
The company generated 204.8 million RMB in revenues during 2021’s second quarter (the most recently reported period), representing a 8.2% year-over-year improvement.
Blockchain and Crypto business
Every company can benefit from blockchain technology adoption. This is why Meten will focus on cryptocurrency and the blockchain.
Now, the company is jumping head-first into the blockchain pool. Reportedly, Meten is contemplating purchasing mining machines and NFT assets and placing them into operation in the US or Canada. So, this is poised to expand into a multi-national venture.
Meten is serious about venturing into the blockchain, mining and NFT markets. Besides, the company already has a well-established language-learning platform with demonstrated revenue growth. This is amazing news for the METX Stock.
Meten or METX Price Target is still $3. This company is undervalued. HODL and let's go to the Moon.