Mantle's price has seen a notable rebound, climbing to around 180 after dipping to lows of 145. This surge is largely attributed to its recent integration with Bybit, which has sparked renewed interest among traders, and the publication demonstrates positive momentum in the developments.
Integration with Bybit
The integration with Bybit allows users to utilize MNT as collateral for derivatives, enhancing its utility within the trading platform. Additionally, users can benefit from trading fee discounts and exclusive rewards, further incentivizing the use of MNT.
Price Increase and Market Outlook
The recent price increase of approximately 9% has traders buzzing about the potential for further gains. Analysts are optimistic, suggesting that the growing utility of MNT in the Bybit ecosystem is generating new demand for the token. This could pave the way for a sustainable price increase in the long term.
As Mantle experiences a price surge following its integration with Bybit, the cryptocurrency market remains volatile, particularly for NEAR, which struggles to recover post-FTX collapse. For more details, see read more.