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MNT

Bybit Names MNT as Official Token — Utility Boost Expected

I note that MNT is now confirmed as Bybit's official exchange token and the CEO has said MNT will be a central focus with reduced trading fees.

I view this as a positive utility-driven development that should increase on-platform demand and liquidity for MNT, though tokenomics and unlock schedules remain key risks.

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Analysis

The CEO's confirmation and fee incentives increase MNT's utility on Bybit, which can drive volume and adoption; however, impact depends on fee mechanics, distribution schedule, and market sentiment, s...

Recommendation

I recommend a cautious buy: consider accumulating on pullbacks and monitor token unlocks, fee details, and volume trends before increasing exposure.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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