Gate News Bot message, November 10th, according to CoinMarketCap data, as of press time, MMT (Momentum) is currently priced at $0.58, down 5.35% in the past 24 hours, with a high of $4.16 and a low of $0.33. The 24-hour trading volume reached $246 million. The current market capitalization is approximately $118 million, a decrease of $6.6682 million from yesterday. Currently, MMT ranks 287th in the global cryptocurrency market cap.
Recent important news about MMT:
1️⃣ Gate Launches MMT Spot Trading Globally
On November 4, 2025, at 20:00 UTC+8, Gate launched Momentum (MMT) spot trading and opened the MMT/USDT trading pair. This is MMT’s first appearance on a major global trading platform, providing investors with a convenient trading channel and significantly increasing MMT’s liquidity and market attention.
2️⃣ Short-term Price Volatility of MMT
MMT’s price experienced sharp fluctuations in the short term, rapidly surging to $6.47 before quickly falling back. This volatility led to over $100 million in short positions being liquidated in the past 24 hours, reflecting strong market interest and speculative activity around MMT.
3️⃣ Momentum Airdrop Distribution Initiated
The Momentum project has launched a page to check MMT token airdrop allocations. All eligible users can view their MMT token distribution. Most users will receive up to 90% of their allocation in veMMT tokens, which will be displayed in the coming days. The start of the airdrop may have stimulated market demand for MMT.
From a technical perspective, MMT’s price has experienced significant short-term volatility, falling from a high of $4.16 to the current $0.58. This sharp price movement may be related to speculative behavior following its initial listing. Fundamentally, the Momentum project shows promising development, attracting over 2.1 million users, with a daily trading volume of $1.1 billion, and total liquidity exceeding $500 million, providing some support for the long-term value of the MMT token.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Holds $87 Support as ETF Inflows Top $22M
Key Insights
Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level.
Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing
CryptoNewsLand2m ago
Grayscale Research Head: Bitcoin Rally Above $76K Could Signal Start of Bull Market Phase One
Grayscale research head Zach Pandl analyzes Bitcoin's rebound from a February low, using the realized price metric to show recent buyers at breakeven and hint at an early bull phase, with a reported bottom around $65k-$70k.
Grayscale’s Pandl: Bitcoin hit ~63k in Feb, rose to ~76k; realized price ~74k shows recent buyers breakeven, hinting at early bull phase and a bottom around 65-70k.
GateNews16m ago
Arthur Hayes: I'll Believe in XRP's Use at Scale When I See On-Chain Evidence
Arthur Hayes calls for on-chain evidence of XRP at scale; Iran tolls on oil tankers reportedly paid in Bitcoin to bypass sanctions, with pre-cleared shipments. Jim Rickards cites Ripple as part of a broader crypto-led parallel financial system.
Abstract: The article compares Hayes's demand for XRP's real-world on-chain use with reports of Bitcoin toll payments by Iran and notes Rickards' view that Ripple could play a role in a broader crypto-driven parallel financial system.
GateNews52m ago
Early Signals Flash Green — 3 Altcoins That Could Move Fast: HYPE, DOGE, BCH
Hyperliquid shows strong momentum, rising volume, and growing institutional ETF interest.
Dogecoin maintains community strength, fast payments, and strong retail-driven market relevance.
Bitcoin Cash focuses on low fees, fast transactions, and practical real-world payment use.
Market
CryptoNewsLand1h ago
Spark Strategy Lead Criticizes Aave's WETH Market Unfreezing, Warns of Retail User Lockup Risk
Gate News message, April 21 — Spark strategy lead monetsupply.eth criticized Aave's decision to unfreeze the WETH market on Ethereum, arguing the move is poorly considered and primarily benefits leverage traders. The decision, he contends, worsens the situation for ordinary users already trapped in
GateNews2h ago
What does it mean that Bitcoin’s recent volatility is lower than the Korea Composite Index (KOSPI)?
The article notes that Bitcoin’s volatility over the past month has fallen to around 42%, with the price staying within the $65,000–$75,000 range, significantly lower than Kospi’s volatility. The approval of U.S. spot ETFs has drawn institutional capital in, improving liquidity and hedging capability, and strengthening Bitcoin’s resilience. Korean equities have highlighted the risk of Middle East energy supply and sharp swings in oil prices, underscoring Bitcoin’s role as a de-nationalized, relatively stable safe-haven asset.
ChainNewsAbmedia2h ago
