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Home Crypto News Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours
Crypto News Investing

Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours

  • by Dhaval
  • 2024-07-06
  • 0 Comments
  • 1 minute read
  • 1546 Views
  • 2 years ago
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Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours

Over the past 24 hours, the price of Mantle (MNT) decreased more than 7% to $0.69. 

Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours
Mantle Price Chart | Source: Coinstats

 

This continues its negative trend over the past week where it has experienced a 13.0% loss, moving from $0.79 to its current price.

The chart below compares the price movement and volatility for Mantle (MNT) over the past 24 hours (left) to its price movement over the past week (right). 

Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours
Mantle Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 74.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.57%. 

Price Analysis: Mantle (MNT) Price Decreased More Than 7% Within 24 Hours
Mantle Circulating Supply and Trading Volume

 

This brings the circulating supply to 3.27 billion, which makes up an estimated 52.53% of its max supply of 6.22 billion. 

According to our data, the current market cap ranking for MNT is #42 at $2.25 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Dhaval

Dhaval

Author
Dhaval Aggarwal covers cryptocurrency markets and Web3 venture investing for BitcoinWorld. His reporting focuses on funding rounds, exchange listings, on-chain treasury activity, and the partnerships connecting crypto-native firms with traditional finance. Since joining the desk in 2023, he has tracked the deal flow behind major Layer-2 networks, Bitcoin treasury programs, and institutional adoption stories. He writes daily news pieces for active traders and longer analyses for readers following where the next cycle of crypto growth is heading.
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