Mantle Gains 8% as Bybit Announces New Benefits for MNT Holders
Mantle Price Surge
- Mantle's (MNT) price increased by 8% to $1.70 on September 22.
- The surge followed Bybit exchange's introduction of benefits for MNT holders, including enhanced leverage, extended loan terms, and a "Discount Buy" option.
- Bybit confirmed an institutional incentive program aimed at attracting both retail and large investors.
- Mantle's trading volume rose by 103.6% to $486 million, driven by bullish activity.
Market Context
- Despite Mantle's rise, broader crypto markets were down with Bitcoin dropping 2.6%, Ethereum 7%, and Solana 7.4%.
- These movements indicate positive momentum for MNT amid a declining market.
Pepe Node Presale
- The Pepe Node presale is gaining traction, allowing users to create virtual meme coin mining rigs.
- It combines community rewards and gamified mining mechanics to attract early-stage investors.
- Currently priced at $0.0010, it has raised $1.16 million of its $1.3 million target.