After migrating from BitDAO, Mantle Network has been witnessing a surge in users, including individual web3 enthusiasts and institutional investors. Its MNT token is 63.92% up from the past 30 days as of today.
This article will delve into a price prediction of Mantle, from 2024 to 2030. Also, we will check whether it is a credible token for trading and hodling. Additionally, we will attach a guide to purchase MNT. Let’s begin.
What Is Mantle Network?
Mantle is an Ethereum-based decentralized finance (DeFi) platform that enhances security and scalability by doing the transactions off-chain before setting them to mainnet. The native token $MNT was released to the blockchain by migrating the $BIT (BitDAO) in a 1:1 ratio.
BitDAO, the decentralized autonomous organization (DAO) backed by Bybit, was migrated to Mantle in 2023, combining the existing platform with the side products. As the largest web3 DAO by treasury size, the merger resulted in the formation of Mantle with a $2.5 billion ecosystem.
After the merger, the market cap increased to 4 billion dollars in 2024 with the arrival of various institutional investors and whales. As the first Layer-2 solution launched by a DAO, it uses EVM instructions to verify the genuineness of transactions.
MNT Tokenomics, Use Cases, & More
| Token Ticker | $MNT |
| Chain | Ethereum ERC-20 |
| Contract Address | 0x3c3a81e81dc49a522a592e7622a7e711c06bf354 |
| Total Supply | 6,219,316,795 MNT (6.219 Billion MNT) |
| Circulating Supply | 3,366,841,707.84 MNT (3.36 Billion) |
| Market Cap | $4.18 Billion |
$MNT is the governance and utility token of the Mantle Network that allows the hodlers to cast voting and engage in the decision-making processes. It is also used as the gas fee of the ecosystem. Among the total supply, around 51.00% is allocated for circulation and the remaining is allocated for the treasury.
Mantle’s Chart Movements: Historical Data
The migration from BIT to MNT resulted in an increase in the number of transactions, making its price surge to an all-time high of $1.51 on April 8th, 2024. However, the coin witnessed a gradual downward movement for the next 5 months, reaching $0.551 on November 11th, 2024.
Investors considered this decline as a dip and started purchasing the coin, mainly because of its potential use cases and the strong roadmap of the ecosystem. In 30 days, the coin went up, reaching $1.36. Now it is trading around $1.24 with a 9.29% increase from the past week.
MNT Price Prediction: 2025 To 2030
The below price prediction is based on the historical data of both $BIT and $MNT. The market sentiment and the roadmap were also analyzed. However, sudden fluctuations in the crypto market may deviate from the forecasted prices. So, try to do our own research in addition to this.
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $ 2.15 | $ 3.45 | $ 5.98 |
| 2026 | $ 5.98 | $ 1.972877 | $ 3.34 |
| 2027 | $ 1.153428 | $ 1.153428 | $ 2.37 |
| 2028 | $ 1.705177 | $ 2.48 | $ 4.03 |
| 2029 | $ 3.24 | $ 4.90 | $ 8.07 |
| 2030 | $ 3.20 | $ 4.12 | $ 5.19 |
Where To Buy MNT?
The majority of MNT transactions happen in the Bybit exchange. Other CEXs include Upbit, Kraken, KuCoin, HTX, MEXC, BingX, BitMart, and Gate.io. You can also swap ETH for MNT via UniSwap. The MNT/USDT pair is available in WOOFi DEX.
Is MNT A Good Investment Option?
The Mantle is partnered with the blockchain analytics platform Nansen, the synthetic dollar protocol Ethena, the tokenized asset platform Ondo Finance, the re-staking protocol EigenLayer, the omnichain interoperability protocol LayerZero, and the web3 transaction infrastructure platform Biconomy. Collaboration with these renowned networks makes the platform a genuine investment option.
If you plan to invest, a long-term investment is likely to generate decent profits. However, the emergence of more advancement platforms in the future may increase competition and pose risks to Mantle. Always try to stay updated with the web3 DeFi and DAO technologies to get accurate entry and exit points.
Final Thoughts
Various analysts opine that the altcoin bull run will start at the beginning of 2025, where there is a high possibility for MNT to surge. Also, it will be a good long-term asset in your portfolio. However, DYOR before purchasing.
Go through Mantle Network’s whitepaper, docs, and social media profiles to get a better understanding. Finally, navigate through our website to find more price predictions and other crypto-based information.
