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🟢 Daily Top Crypto Gainer – Aug 6
@Mantle_Official $MNT | $0.918
+18.36% over the past 7 days
Why It’s Pumping:
Mantle is riding a mix of bullish technicals, major product rollouts, and investor confidence tied to its massive ETH-backed treasury.
What’s Driving It:
• Technical Breakout: Cleared $0.82 resistance for the first time since Feb. 20% intraday spike on 280% volume surge.
• Ecosystem Expansion: Launch of Mantle-based neobank and $400M tokenized fund pushed adoption.
• ETH Reserve Confidence: 101,867 ETH ($388M) in treasury deepens trust and buffers sell pressure.
• TVL & Inflows: Stablecoin inflows rose 22.85% to $653M; TVL now $233M and growing.
What to Watch:
• RSI at 73.81 hints at potential consolidation, but momentum still favors bulls.
• Neobank beta ends Aug 8—watch user adoption post-launch.
Conclusion:
Mantle’s rally is backed by fundamentals, not hype.
A breakout Layer-2 with capital, product velocity, and Ethereum-native credibility. If the trend holds, $1.06–$1.30 could be next.

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