The price of Mantle token (MNT) is showing significant changes, with a 73% increase over the last month due to new market influences.
Dynamics of MNT Price Growth
Over the past 30 days, MNT price has increased by 73.72%, allowing it to surpass several established projects like Aave and Pepe. MNT is currently trading at around $1.3900 after a prolonged accumulation period in the market.
Strategic Partnership with Bybit
The main driver of this growth has been Mantle's strategic partnership with Bybit, elevating MNT to a central asset within the ecosystem. Large holders are actively accumulating tokens, indicating significant interest from institutional investors.
Outlook and Forecasts for MNT
Current technical indicators suggest that MNT is moving towards a resistance level at $1.50. Breaking this level may trigger algorithmic trading and continue the upward trend towards $2. Existing data and positive fundamentals indicate that MNT may demonstrate further positive performance.
Considering the current indicators and increasing institutional interest, Mantle (MNT) has all the chances for continued successful growth.
