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MZH Zee

08/05 15:51

Why is MNT so valuable today? MNT’s recent rise

Why is MNT so valuable today?

MNT’s recent rise has been largely driven by the excitement surrounding UR’s beta testing, which is set to close on August 8.

UR, a Swiss on-chain neobank, offers users a multi-currency account and a Mastercard debit card, aiming to simplify global finance using blockchain technology.

According to Head of Product Joshua Chong, UR’s modular infrastructure provides Ethereum-level security, increasing trust and scalability.

On the 5-minute chart, MNT has shown a strong uptrend, starting around $0.70. If the momentum continues, the token could return to $1, although a correction is still possible.

 In addition, other fundamentals of Mantle are showing positive dynamics: the total value locked (TVL) is $1.40 billion. The volume of stablecoins on Mantle has reached an all-time high of $500 million.

The official rollout is expected in Q3, and is expected to attract more attention. At the time of writing, the number of daily active users has reached 123 thousand and may increase sharply by then.1754402054526.png

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