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- 1 The Mantle token price surged by 8.30% in the past 24 hours and was at $0.642 at the time of writing.
- 2 Mantle crypto price rose by over 10% in the past two sessions and displayed a strong outlook. =
Mantle Network is based on L2 technology system which makes Ethereum faster and cheaper to use. It is the first product of the Mantle ecosystem. It includes a group of people who use tokens to make decisions and support new projects.
MNT is the native token of Mantle which is used for paying gas fees, growing the network and voting on the mantle products. As per the data retrieved from the CoinMarketCap, the total supply of Mantle tokens is 3,172,988,154.
The current distribution of MNT tokens is split with 51% in circulation and 49% allocated to the MNT treasury.
Mantle Crypto Price Technical Analysis
The Mantle crypto price has been on the rise in the past two intraday sessions. The price took off by over 10% and is poised to test the recent supply level. The bulls have regained control of the trend after a short term correction.
Moreover, the daily chart noted a breakout above the recent swing high, indicating the end of the correction period. The MNT price may continue to form higher highs and higher lows and incline further.
Furthermore, the trend analysis states that the MNT crypto faced short selling pressure near the round level of $0.65. The price then slipped to the recent swing low where bulls accumulated and the price bounced back.
Mantle Price Prediction 2023
The price prediction for the year 2023 showcases a bullish outlook in the short term. The price may therefore advance to a high of $0.702 as per the most optimistic outlook of the analysts. Also, the lower estimates of the analysts expect the price t o drop to $0.56 level.
Mantle Price Prediction 2024
Based on the recent price analysis, the most optimistic view of analysts expects that MNT price could go as high as $0.811 by 2024 end. The lower value as predicted by our analysts for the year 2024 is $0.624
Mantle Price Prediction 2025
The MNT crypto price prediction for the year 2025 currently lies in between $1.355 on the higher side and $0.841 on the lower side.
Mantle Price Prediction 2026
On the most optimistic note Mantle crypto could gain to a high of $1.749 in the year 2026. On the other hand, the most pessimistic prediction of our analysts hope for the price to reach $1.228.
Mantle Price Prediction 2027
Over the next 4 years the Mantle cryptocurrency could reach a high of $2.108 as per the bullish view of analysts. The bearish view of analysts expect the price to reach $1.682 by the end of year 2027.
Mantle Price Prediction 2028
The price forecast of the Mantle crypto shows that it may reach a high of $2.747 by 2028 if the most optimistic condition prevails. By 2028, the analysts’ lowest forecast for Mantle is $2.228.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
