Mantle ($MNT) Crypto Forecast: Up 11.9% Today

What is Mantle?

Asset MNT is a cryptocurrency token that has experienced a significant increase in market activity, displaying a notable bullish trend.

Why is Mantle going up?

MNT crypto is up 11.9% on Nov 22, 2024 4:07

• The current bullish trend observed in MNT's movement could be linked to a favorable investor sentiment signaling a potential recovery.
• Circulating information indicating Hamster Kombat outperforming HBAR and DOT in on-chain holders may have generated intrigue within the cryptocurrency sector, indirectly impacting MNT positively.
• MNT appears to have effectively overcome previously identified challenges, boosting trader confidence and contributing to the current bullish momentum.
• Overall, a blend of positive market outlook, industry developments, and successful efforts by MNT's stakeholders likely propelled the strong bullish movement witnessed in the token today.

MNT Price Chart

MNT Technical Analysis

MNT News

MNT bulls plot a recovery – Can they overcome THESE hurdles?

MNT bulls plot a recovery – Can they overcome THESE hurdles?

https://ambcrypto.com/mnt-bulls-plot-a-recovery-can-they-overcome-these-hurdles/

Hamster Kombat Hits 11M On-Chain Holders: Surpass HBAR and DOT

Hamster Kombat Hits 11M On-Chain Holders: Surpass HBAR and DOT

https://www.coingabbar.com/en/crypto-currency-news/hamster-kombat-hits-11m-on-chain-holders-surpass-hbar-and-dot

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Mantle Price History

22.09.2024 - MNT Crypto was down 5.0%

• The bearish movement of MNT could be attributed to profit-taking by investors after a recent bullish run.
• The positive performance of Mantle, a related cryptocurrency, rising more than 3% in the same period, might have diverted some attention away from MNT.
• The announcement of Bybit’s World Series of Trading with a substantial prize pool could have led traders to reallocate their investments, impacting MNT negatively.
• Overall, the bearish trend in MNT today seems to be a combination of profit-taking, shifting investor focus, and market competition from other cryptocurrencies.

15.10.2024 - MNT Crypto was down 5.1%

• The bearish movement in MNT could be attributed to profit-taking by investors after a period of significant price appreciation.
• The rapid growth of Hamster Kombat surpassing HBAR and DOT in on-chain holders may have diverted attention and investment away from MNT, leading to a decrease in demand.
• Investors might be rotating their portfolios towards trending assets like Hamster Kombat, causing a temporary dip in MNT's price as capital flows shift within the cryptocurrency market.
• Staying informed about market trends and developments is crucial for traders to navigate the dynamic cryptocurrency landscape and make well-informed decisions.

25.09.2024 - MNT Crypto was down 5.1%

• The bearish movement of MNT today could be attributed to profit-taking by investors after a recent price surge.
• The announcement of the Mantle-based mETH Protocol airdrop on Oct. 29 may have led to a sell-off in MNT as traders diversified their holdings.
• The gathering of crypto community leaders at an event in Dubai might have shifted investor focus away from MNT, causing a dip in its price.
• Overall, the market sentiment towards MNT seems to have been influenced by external events rather than internal token developments.

08.10.2024 - MNT Crypto was up 5.1%

• Mantle (MNT) saw a price increase of over 14% in a 24-hour period, reflecting strong investor interest and a bullish market sentiment.
• The launch of Agni DEX on Mantle with a TVL of $171M, particularly alongside the cmETH launch, likely contributed to the growing demand for MNT.
• The announcement of the Swell airdrop and coin listing could have added excitement in the cryptocurrency community, potentially attracting new traders to MNT.
• The substantial crypto holdings of the Ethereum Foundation might have had an indirect impact on market sentiment, potentially influencing the positive movement in Mantle's price.

29.09.2024 - MNT Crypto was up 5.6%

• The positive movement of MNT could be linked to the overall optimistic sentiment in the cryptocurrency market.
• The recent announcement of the Mantle-based mETH Protocol airdrop on Oct. 29 likely fostered excitement and interest within the crypto community, indirectly benefitting MNT.
• The revelation about the upcoming staking of $SMILE on Bybit and KuCoin may have had a cascading impact, attracting more attention and investment into various tokens, including MNT.
• The convergence of crypto leaders from 120 countries in Dubai for Blockchain Life 2024 might have stimulated discussions and partnerships that positively influenced market sentiment, contributing to MNT's bullish movement.

22.10.2024 - MNT Crypto was up 11.9%

• The current bullish trend observed in MNT's movement could be linked to a favorable investor sentiment signaling a potential recovery.
• Circulating information indicating Hamster Kombat outperforming HBAR and DOT in on-chain holders may have generated intrigue within the cryptocurrency sector, indirectly impacting MNT positively.
• MNT appears to have effectively overcome previously identified challenges, boosting trader confidence and contributing to the current bullish momentum.
• Overall, a blend of positive market outlook, industry developments, and successful efforts by MNT's stakeholders likely propelled the strong bullish movement witnessed in the token today.

14.09.2024 - MNT Crypto was up 5.1%

• The possibility of Grayscale adding 35 altcoins to its investment products may have generated positive market sentiment, positively impacting MNT.
• The decrease in Worldcoin's value during the Alameda Research token sale could have steered some investors towards MNT in search of better investment prospects.
• Discussions about SUI potentially outpacing Solana in the market may have influenced investor behavior, leading to heightened interest in alternative tokens like MNT.
• In general, the upward trend in MNT today could be attributed to a blend of favorable market updates and a shift in investor focus towards promising alternative cryptocurrencies.

14.09.2024 - MNT Crypto was up 5.6%

• The news about Grayscale considering 35 altcoins for investment products has bolstered confidence in the cryptocurrency market, potentially contributing to the bullish performance of MNT.
• Amid Worldcoin's price decline during Alameda Research's token sale, some investors may have turned to MNT, leading to its bullish trend.
• Speculation about SUI surpassing Solana has caused ripple effects in the market, prompting investors to explore alternative tokens like MNT for potential returns.
• The anticipation of Catizen's airdrop listing date and achieving 20M monthly active users has created positive excitement in the cryptocurrency community, indirectly benefiting tokens such as MNT.

07.10.2024 - MNT Crypto was up 14.6%

• Mantle's price rose over 14% within a day, indicating strong market interest and positive sentiment.
• The introduction of Agni DEX on Mantle led to a significant increase in Total Value Locked (TVL) to a new high of $171M, potentially driving up demand for MNT.
• The launch of Swell Coin on Bybit Launchpool possibly attracted more participants to the crypto space, benefitting tokens like Mantle.
• In summary, Mantle's price surged today due to a positive market sentiment, the successful launch of Agni DEX, and increased exposure from Swell Coin's listing.

11.10.2024 - MNT Crypto was down 5.9%

• MNT had a strong bearish movement today, possibly due to profit-taking by investors after a recent price surge.
• News about the Ethereum Foundation's crypto holdings may have influenced market sentiment, leading to some investors reallocating their funds from MNT to Ethereum.
• The focus on the Swell token airdrop and listing could have diverted attention and investment away from MNT, contributing to its bearish movement.
• Despite the positive price increase in Mantle's cryptocurrency, it seems that MNT did not benefit from the overall positive sentiment in the cryptocurrency market today.

06.10.2024 - MNT Crypto was up 5.4%

• A peak in Agni DEX's Total Value Locked (TVL) on Mantle to a new high of $171M, alongside the introduction of cmETH, likely played a role in the increased interest and demand for MNT.
• The $25 million funding acquired by the privacy-focused project Nillion, spearheaded by Hack VC, might have also instilled confidence in the broader cryptocurrency sector, positively impacting MNT's price.
• The convergence of these elements, in conjunction with general market trends and investor confidence, potentially fueled the positive movement in MNT today.

07.10.2024 - MNT Crypto was up 8.8%

• The bullish movement of MNT today could be attributed to the positive sentiment surrounding the cryptocurrency market as a whole.
• The surge in TVL (Total Value Locked) on Agni DEX could have contributed to increased interest and investment in decentralized exchanges, potentially benefiting MNT as well.
• The listing of Swell Coin on Bybit Launchpool might have generated hype and attracted more traders to the platform, leading to increased trading volume and demand for cryptocurrencies like MNT.
• The launch of cmETH on Mantle and the subsequent surge in TVL could have created a positive domino effect on other tokens in the ecosystem, including MNT, driving up their prices.