Mantle Cryptocurrency Drops Over 3% in 24 Hours

John Darbie
Photo: Finoracle.net

Mantle Cryptocurrency Falls Over 3% in 24 Hours

In the past 24 hours, the price of Mantle has dropped by 3.35%, falling to $0.87. This decline continues a negative trend from the past week, which saw a 7.0% loss. A week ago, Mantle was valued at $0.93, but its price has gradually decreased to its current level.

Price and Volatility Analysis

The graph below illustrates Mantle's price movement and volatility over the past 24 hours (left) and the past week (right). The Bollinger Bands in gray measure the volatility of these price movements. Wider bands or larger gray areas indicate greater volatility.

Surge in Trading Volume

Interestingly, the trading volume for Mantle has surged by 139.0% over the past week. This increase in trading activity contrasts with a slight reduction in the circulating supply of the coin, which decreased by 0.53%. Currently, the circulating supply stands at 3.26 billion coins, which is 52.49% of its maximum supply of 6.22 billion coins.

Market Cap Overview

According to the latest data, Mantle's market cap ranks it at #39, with a valuation of $2.83 billion.


Key Points to Remember:

  • Mantle's price has decreased by 3.35% in the last 24 hours.
  • It has experienced a 7.0% loss over the past week.
  • The trading volume increased by 139.0% in the last week.
  • The circulating supply of Mantle is 3.26 billion coins, which is 52.49% of its maximum supply.
  • Mantle's market cap is currently $2.83 billion, ranking it #39.

Keep an eye on Mantle's price movements and the market trends to stay updated with the latest developments in this evolving cryptocurrency landscape.

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John Darbie is a seasoned cryptocurrency analyst and writer with over 10 years of experience in the blockchain and digital assets industry. A graduate of MIT with a degree in Computer Science and Engineering, John specializes in blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). His insights have been featured in leading publications such as CoinDesk, CryptoSlate, and Bitcoin Magazine. John’s articles are renowned for their thorough research, clear explanations, and practical insights, making them a reliable source of information for readers interested in cryptocurrency. He actively follows industry trends and developments, regularly participating in blockchain conferences and webinars. With a strong reputation for expertise, authoritativeness, and trustworthiness, John Darbie continues to provide high-quality content that helps individuals and businesses navigate the evolving world of digital assets.