Cryptocurrency Moonshot? Mantle’s 35% Surge Will Make Your Head Spin! 🚀💸

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TL;DR

  • Apparently, Mantle’s doing its impression of a fireworks display, fueled by the mystical Golden Cross and some serious volume magic. Next stop: $1.65, or maybe just the moon.
  • Bybit Launchpool and Coinbase Futures are the shiny new toys causing traders to squeal with glee – or confusion. Either way, MNT’s the hot gossip at the digital water cooler.
  • Support levels at $1.23 and $1.08 are like the safety nets for skittish traders, while the bulls are eyeing that shiny $1.65 prize – fingers crossed, or maybe toes.

Mantle’s Basically Hugging $1.36 like an Old Friend

Mantle, or MNT if you prefer, is chilling at $1.36, which is more than 11% up in one day and a staggering 35% since last week. The trading volume? Over half a billion dollars – because apparently, everyone suddenly remembered crypto exists. The wild ride happened even as most other tokens went on a holiday, thanks to some fancy US economic data that suggested risk is for suckers.

Supporters whisper that Mantle’s sizable treasury and shiny new infrastructure, coupled with some Jedi-level restructuring with Bybit, are keeping the momentum alive – like a really determined hamster on a wheel.

Bybit’s Launchpool: The Catalyst or Just an Excuse to Party?

On August 14, Bybit EU threw a party with its Launchpool debut featuring MNT. Collateral ratios were adjusted to make MNT more attractive for lending loans, because who doesn’t want to lend their tokens and watch them grow? Then Coinbase International jumped on the bandwagon, announcing it will soon start trading perpetual futures for Mantle – set to go live after August 21, because timing is everything when you’re aiming to be the next big thing.

Golden Crosses, Support Levels, and Other Fancy Terms

Mantle has busted through its long-term averages like a toddler in a toy store. The Golden Cross – a lovely term for when the 50-day average crosses above the 200-day – is lighting up charts and possibly predicting unicorns. Resistance sits pretty between $1.36 and $1.41, which is apparently the Fibonacci extension for fancy traders. Break through that, and the next stop is $1.65 – or so the crystal balls suggest.

On the flip side, if it decides to take a nap at $1.23 or $1.08, we could see a climb back down to $0.98 or $0.97. It’s the crypto rollercoaster, just with more emojis and fewer seat belts.

Earlier this month, Mantle escaped its multi-month snooze fest, supported by enough trading volume to make even the most skeptical take a second look. The breakout was like the finale of a fireworks show – loud, bright, and signaling a new bullish era (or at least an optimistic selfie to post online).

If Mantle can stay above $1.36, it’s probably heading straight for the $1.65 horizon. But if support at $1.23 slips, we might be going back down to $1.08 or even as low as $0.98 while everyone tries to figure out what just happened.

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2025-08-19 15:53