While the top 1 and top 3 servers are in a tense battle, the top 2 is quietly developing.
Just look at the price chart of $MNT to see clearly.
At a time when the market is panicking, there was a moment when $MNT dropped deeply to $1.1 and quickly recovered to the $2.3 range.
This happened because there has been a bottom-fishing trend from institutional whales interested in the @Mantle_Official ecosystem.
On-chain metrics have indicated:
- The average daily holding amount of institutions: up 128% (month-over-month)
- The number of institutional traders: up 27% (month-over-month)
- The trading volume of institutions: up 112.5% (month-over-month)
- The DEX trading volume of Mantle in 7 days reached 391 million USD (the highest since March)
- The stablecoin supply on Mantle remains stable and strong >700 million USD
Currently, although the price has decreased in line with the overall market trend, pay attention to the on-chain indicators of Mantle.
The price chart of $MNT is always quietly surging and rest assured, MNT will never back down from BNB. Always ready to pump along 🤣
Just look at the price chart of $MNT to see clearly.
At a time when the market is panicking, there was a moment when $MNT dropped deeply to $1.1 and quickly recovered to the $2.3 range.
This happened because there has been a bottom-fishing trend from institutional whales interested in the @Mantle_Official ecosystem.
On-chain metrics have indicated:
- The average daily holding amount of institutions: up 128% (month-over-month)
- The number of institutional traders: up 27% (month-over-month)
- The trading volume of institutions: up 112.5% (month-over-month)
- The DEX trading volume of Mantle in 7 days reached 391 million USD (the highest since March)
- The stablecoin supply on Mantle remains stable and strong >700 million USD
Currently, although the price has decreased in line with the overall market trend, pay attention to the on-chain indicators of Mantle.
The price chart of $MNT is always quietly surging and rest assured, MNT will never back down from BNB. Always ready to pump along 🤣