Gate News Bot Message, November 11th, according to CoinMarketCap data, as of press time, MMT (Momentum) is priced at $0.52, down 9.19% in the past 24 hours, with a high of $4.16 and a low of $0.33. The 24-hour trading volume reached $185 million. The current market capitalization is approximately $106 million, a decrease of about $10.75 million from yesterday. MMT is currently ranked 308th 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 officially launched Momentum (MMT) spot trading, opening the MMT/USDT trading pair. This marks MMT’s debut on a major global trading platform, providing investors with a convenient trading channel and significantly increasing MMT’s liquidity and market attention.
2️⃣ MMT Price Experiences Short-Term Volatility
The price of MMT has experienced sharp fluctuations in the short term, soaring rapidly to $6.47 before quickly falling back. This volatility has resulted in 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 Begins
The Momentum project has launched a page for MMT token airdrop distribution inquiries, allowing eligible users to check their MMT token allocations. Most users will receive up to 90% of their allocated tokens in veMMT tokens, which will be displayed in the coming days. The start of the airdrop may stimulate market demand for MMT.
From a technical perspective, MMT’s price has experienced significant short-term fluctuations, falling from a high of $4.16 to the current $0.52. This dramatic price movement may be related to speculative behavior following its initial listing. Fundamentally, the Momentum project shows strong development momentum, 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 when investing.
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
Bitcoin steadies, altcoins jump in liquidity-driven relief rally
The crypto market staged a recovery on Monday with bitcoin BTC$67,333.70 rising by 2.1% since midnight UTC and ether (ETH) adding 3.1%. Stronger gains occurred in the altcoin market, with tokens such as chiliz (CHZ), FET$0.2420 and optimism OP$0.1077 notching advances of more than 6%.
Despite the i
CoinDesk19m ago
Bullish Metrics Can’t Save XRP? Burn Rate Soars, Transactions Peak, Yet XRP Price Bleeds
Something strange is happening with Ripple’s XRP. The network is showing clear signs of growth, yet the price keeps moving in the opposite direction.
It’s the kind of situation that leaves investors confused, because usually, strong fundamentals and rising activity should push prices
CaptainAltcoin30m ago
Bitcoin Rebounds From New Monthly Lows, Ethereum Reclaims $2K: Market Watch
Bitcoin experienced volatility with a dip to a monthly low followed by a rebound. Ethereum also marked gains, surpassing $2,050. Despite some altcoins struggling, the overall crypto market cap rose to over $2.4 trillion.
CryptoPotato1h ago
Tether’s USDT Stablecoin Gears Up To Flip Ethereum In Market Cap
An ongoing event contract on Polymarket indicates Ethereum could lose its spot as the second-largest crypto by market cap this year.
Analysts expect Tether’s USDT stablecoin to overtake ETH’s overall valuation within the same period.
An ongoing event contract in Polymarket predicts Ethereum (ETH)
Blockzeit1h ago
Cardano’s Treasury Spent Millions While ADA Price Sinks – Community Demands Answers!
Cardano's recent drop to 13th place on CoinMarketCap has frustrated long-time holders, as the project struggles to recover its market cap. Community member Bobcorn criticizes treasury spending, arguing it benefits developers while investors suffer losses. The divide persists, with some supporting infrastructure investments for future growth, while others see them as wasteful during poor performance.
CaptainAltcoin1h ago
