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
Bittensor Subnet Breaks the Decentralized AI Limit, TAO’s March Gain Doubles
The Covenant-72B model led by Bittensor Subnet 3 was recently released. It has 72 billion parameters and was trained without permission across more than 70 nodes worldwide. It scored 67.1 on the MMLU test. This achievement boosted the TAO token price by nearly 2x and also changed the industry’s understanding of decentralized AI training. In addition, most of the increase in the GMAI index was driven primarily by TAO, suggesting that the overall market recovery still needs to be observed.
MarketWhisper23m ago
XRP Price Growth Could Drive Bank Adoption, Says Ripple CTO Emeritus
David Schwartz's insights on XRP suggest that a higher price enhances its efficiency for banks in cross-border payments, requiring fewer tokens for transactions. This can lower liquidity pressure, reduce operational costs, and improve capital efficiency, making XRP a more viable option in the evolving global payments landscape.
CryptometerIo1h ago
Michael Burry’s warning siren in the crypto market..."A downward spiral of collateral collapse" is coming
Michael Burry’s warning siren in the crypto market..."Collateral liquidation vicious cycle" is coming
SuperCryptoWahaha666661h ago
UNI and AAVE are first in line! Analyst: The current draft crypto market law could severely damage the DeFi yield myth
10x Research warns that if the CLARITY Act is passed, it will ban stablecoin balance yield, potentially impacting DeFi protocols and related tokens. Returns would be funneled back to the traditional financial system, leading to reduced market competition, and many DeFi projects will face strict regulation.
CryptoCity1h ago
XRP Today’s News: Arizona Proposes Legislation to Include XRP as a Treasury Reserve Asset
The Arizona House Rules Committee unanimously passed the SB1649 bill, establishing a Digital Assets Strategic Reserve Fund that puts digital assets such as XRP under the management of the Department of the Treasury, and allows revenue to be generated through methods such as staking. If the bill passes, it will become the first U.S. state to officially recognize XRP as a fiscal reserve asset. XRP is currently trading at $1.28 and faces challenges from technical support and resistance.
MarketWhisper3h ago
Bittensor (TAO) Is Up 140% in 6 Weeks, But Data Shows Retail Is Missing the Big AI Rally
Bittensor has recorded a 140% price increase over the past six weeks, including a 105% rise since March 8.
The latest price action has pushed it to the 26th-largest cryptocurrency by market capitalization, according to new data from Santiment.
AI Tokens Heat Up
-----------------
The rally comes a
CryptoPotato4h ago
