MEXC MNT Partnership Shakes the Crypto World: $1M Prize Pool Up for Grabs!

MEXC exchange, a leading global trading platform, has partnered up with Mantle Network (MNT) to launch an exciting month-long trading campaign. This anticipated campaign will offer up to $1 million in rewards to participants. The event, which runs from March 31 to April 30, 2025, will allow traders to maximize their profits while interacting with the Mantle network.

Several Events for Novice and Experienced Traders: Up to 500% APR for Stakers!

The campaign, which launches today, includes several benefits planned to cater to both novice and experienced traders. Users can enjoy zero trading fees on MNT Spot and Ffutures markets, eliminating trading costs. For the stakers, MEXC is offering a whopping 500% Annual Percentage Rate, one of the best rates in the market. To add to that, participants can also earn MNT tokens through the Launchpool program by staking MNT, USDT, or MX. Investors will simply have to stake MNT, USDT, or MX to earn MNT tokens during the Launchpool. 

The event will also host a Deposit & Trade campaign, ideal for newcomers with low entry thresholds. A Futures Trading competition for veteran traders is also in the works. The competition allows participants to showcase their trading expertise to win the largest share of the $300,000 prize pool. To add to that, the MEXC exchange has also amped up the referral program during this event, offering up to 300 USDT for each referral.

MEXC-MNT Partnership: Big Positives for Mantle

As a pioneering L-2 solution on Ethereum, Mantle uses Optimistic Rollup tech to lower transaction costs and improve network performance. This collaboration also sheds light on the MEXC exchange’s leadership in backing innovation in blockchain and offering the best experience to investors. These developments come days after the Mantle network was adopted by the Donald Trump-backed institution, World Liberty Financial. As MNT Continues to make its mark in the crypto space and gains popularity, let us take a quick look at tits recent price action and how the event could affect the MNT price prediction.

MNT Price Analysis: MNT Continues Bearish Trend

MNT commenced trading yesterday at $0.8053, continuing on the downtrend from the previous day. As the RSI reached oversold conditions, a trend reversal was on the cards. A golden cross formed on the MACD and MNT soon started flying upwards, reaching $0.8150 by 3:05 UTC. The price dipped slightly, finding resistance at $0.8128. With a death cross signalling a price decline, MNT came down to $0.807. As the EMAs continued to interact, MNT tested the resistance once again, but failed to go beyond. The range-bound behaviour continued till 13:00 UTC. Finally, at 13:15, a death cross led to a downward breakout, as MNT dove to $0.7894, with strong support at $0.790. 

Chart1: analyzed by raodevansh18, published on TradingView, March 31, 2025

With the RSI indicating heavily oversold conditions, a trend reversal commenced, supported by a golden cross. But Mantle soon found strict resistance at $0.7969. With a slow downtrend, MNT slingshot back to the resistance, but again failed to skip across. A downtrend began, validated by the almost overbought RSI, as Mantle slumped all the way to $0.7727 by 4:30 UTC on March 31. Oversold conditions prevailed as Mantle tried to bounce back, but with some fluctuation, faced rejection at $0.7846, dropping down to find support at $0.769. As of the time of publishing, MNT was seen at $0.7801, attempting to test the resistance.

MNT Price Prediction: Can the MEXC MNT Collaboration Break Mantle Out of the Bearish Trend?

As the MEXC MNT collaboration event commences, MNT is bound to see some increased network activity. Given that, some positive news may be around the corner for MNT. However, for now, MNT seems to periodically abandon support after testing resistance a few times. Given that, the MNT price today looks set to breach the $0.769 support and look for positive movement as the event picks up steam. How the event turns out will massively influence upcoming MNT price predictions.

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