MNT Rockets Up 16.1% This Week: Back for Good?

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Crypto Writer
Crypto Writer
Arslan Butt
About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Mantle (MNT) has seen an impressive 16.1% price surge, now trading at $0.8003, with a 24-hour trading volume of $83.79 million. Ranked #34 in the crypto market, Mantle boasts a market capitalization of $2.69 billion, with 3.36 billion MNT in circulation.

MNT has been riding a strong uptrend within an ascending channel, holding support at $0.7892, while the 50-period EMA at $0.7415 reinforces the bullish structure. If momentum holds, MNT could challenge its next key resistance at $0.8368, followed by $0.8857 and $0.9371.

What Makes Mantle (MNT) a Game-Changer?

Mantle is building the future of on-chain finance with a focus on scalability, low fees, and deep liquidity. The project is backed by Mantle Treasury, a $4.3 billion community-owned fund, ensuring financial stability and ecosystem growth.

Core Features of Mantle:

  • Modular Layer-2 Scaling: Enables faster transactions with lower fees while maintaining Ethereum’s security.
  • Key Protocols: Mantle Network, mETH Protocol, and FBTC drive adoption and innovation.
  • Strategic Partnerships: Collaborations with Agora AUSD, Ethena USDe, and Ondo USDY expand Mantle’s DeFi reach.
  • Governance by MNT Holders: Mantle operates as a DAO, where key decisions are community-driven.

With Mantle Grants Program and a $200M EcoFund, the network is attracting developers and investors seeking long-term, sustainable growth.

Technical Outlook: Can MNT Sustain Its Uptrend?

MNT is riding an upward channel, with support at $0.7892 reinforcing the bullish structure. The 50-period EMA at $0.7415 is also providing dynamic support, strengthening the case for continued gains.

Immediate resistance stands at $0.8368, with the next upside targets at $0.8857 and $0.9371, should momentum persist.

A break above $0.8368 could accelerate bullish momentum, pushing MNT toward multi-week highs.

However, a failure to hold the $0.7892 support level may trigger a correction toward $0.7545 and $0.7031, which align with previous demand zones.

Conclusion: Is MNT Ready for Another Leg Up?

MNT’s bullish structure remains intact, but traders should watch for a decisive break above $0.8368 for confirmation of further upside. With strong backing from the Mantle Treasury and increasing adoption, MNT’s long-term outlook remains promising. However, if sellers gain control, a retest of support at $0.7892 could provide a new buying opportunity.

As Mantle continues its bullish trajectory, another project gaining momentum in the crypto space is BTC Bull—a presale token offering real Bitcoin rewards.

BTC Bull: Earn Bitcoin Rewards with the Hottest Crypto Presale

BTC Bull ($BTCBULL) is making waves as a community-driven token that automatically rewards holders with real Bitcoin when BTC hits key price milestones. Unlike traditional meme tokens, $BTCBULL is built for long-term investors, offering real incentives through airdropped BTC rewards and staking opportunities.

Staking & Passive Income Opportunities

BTC Bull offers a high-yield staking program with an impressive 119% APY, allowing users to generate passive income. The staking pool has already attracted 882.5 million $BTCBULL tokens, highlighting strong community participation.

Latest Presale Updates:

  • Current Presale Price: $0.002415per $BTCBULL
  • Total Raised: $3.6M / $4.1M target

With demand surging, this presale provides an opportunity to acquire BTCBULL at early-stage pricing before the next price increase.

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