🌊 After the Storm, Momentum Tests Its Base
$MMT is back in focus as traders dissect one of the most dramatic post-launch volatility arcs on the Sui ecosystem. After peaking above $4 in November, price has compressed sharply into the $0.20–$0.32 zone, turning the token into a battleground between rebound hunters and skeptics. Short-term chatter centers on speculative long entries near the lows, driven by heavy volume and repeated bounce attempts, while critics flag the sharp drawdown as a classic momentum unwind rather than pure accumulation. Fundamentally, Momentum Finance still commands attention for its CLMM design, vaults, staking mechanics, and ve(3,3) governance—keeping it relevant despite sentiment fatigue. The current structure suggests consolidation under pressure: a high-risk, high-volatility phase where conviction is being rebuilt slowly, and any sustained move will likely need clear proof of renewed on-chain demand rather than hype alone.
