The post MNT Price Rallies 20% as Bybit Expands Trading Pairs: Is 200% Rise Next? appeared first on Coinpedia Fintech News
The MNT price advanced 20% intraday, reaching $1.45. This rise followed after Bybit listed 21 new trading pairs and launched a reward event for Mantle crypto holders. This boosted its momentum, which currently suggests that this event led to its growth in demand. As a result, it is now approaching its all-time high of $1.511, setting the stage for a critical test.
MNT Price Today Climbs on Bybit Announcement
Today, one of the biggest known exchanges, Bybit, has announced on its official X page that 21 new MNT spot pairs are listed on its platform, which immediately boosted its market sentiment.
The exchange further noted in the post that this move is very important for MNT, as it simplifies by unlocking more ways to trade, hedge, and explore Mantle’s expanding ecosystem.
Also, to promote this, Bybit has revealed an incentive campaign allowing users holding MNT and XUSD in wallets to earn stablecoin rewards, further driving participation. The combined initiatives triggered a strong rally in MNT price today, which seems to be going to continue in the future sessions.
In addition, like BNB, HYPE, OKB, and other exchange-related activities boosted tokens, many were waiting for Bybit’s move, and now this could be a catalyst from Bybit to pump MNT price, if their campaign meets the needed demand.
Mantle Price Chart Signals Strong Bullish Continuation
From a technical standpoint, Mantle crypto has been on a bullish trajectory since July after breaking out of a falling wedge pattern on the daily timeframe.
While late August saw some profit-taking, but September’s price action has restored bullish momentum. Currently, the Mantle price chart shows MNT price USD at $1.45 with $524 million in daily trading volume and a $4.55 billion market capitalization. With its all-time high of $1.511 within striking distance, the next breakout from that level could be pivotal.
If bullish demand pushes MNT above $1.511 with a strong daily and weekly close, short-term targets include the psychological $2 mark. On the other hand, if price behavior follows past corrections, a retracement toward $0.88 in September cannot be ruled out. The MNT price prediction is therefore tied closely to how the token performs at its immediate resistance.
Looking beyond short-term moves, the weekly Mantle price chart reveals a significant breakout from a long-term symmetrical triangle. This structure, formed over multiple years, suggests broader bullish odds if the price holds above $1.511. A sustained rally could open the door for a 200% surge toward $4 and beyond, making Mantle crypto one of the tokens to watch in 2025.