Mantle (MNT) Gains Momentum After a 28% Rebound From Its Recent Low

This significant acquisition has sparked renewed investor interest, positioning MNT as a key player in the ongoing altcoin rally. By Trump's World Liberty.

Mantle (MNT) is gaining momentum after a strong 28% rebound from its recent low, driven by a major $2 million purchase by Trump’s World Liberty. This significant acquisition has sparked renewed investor interest, positioning MNT as a key player in the ongoing altcoin rally.

Trump’s World Liberty Buys 2.45M MNT

Trump’s World Liberty recently scooped up 2.45 million MNT tokens for $2 million, a move that is expected to boost market visibility and attract global crypto investors to this promising project.

This large-scale buy-in is a vote of confidence in Mantle, which has been performing well despite the recent setback. At the time of writing, MNT is trading at $0.803, with a 24-hour volume of $63.50 million and a market cap of $2.70 billion. It has slid 2.82% in the past 24 hours.

As the altcoin season progresses, many are placing bets on MNT to continue its ascent. Analysts have identified accumulation zones between $0.80 to $0.70 and a secondary range at $0.55 to $0.50.

Ambitious Price Targets Set

Those bullish on MNT are setting ambitious price targets, with projections reaching $1.40, $3, $5, and some even setting their sights on $8 if bullish momentum continues.

However, risk management is paramount. If MNT drops below $0.50, holding becomes highly risky. Investors are advised to take some profits at key resistance levels and to carry out their own research before investing.

With growing institutional interest and strong technical signals, Mantle’s trajectory looks promising. The question now is whether it can break past resistance and push toward its next major price milestone.