Mantle’s MNT Hits 5-Month High as Launch of UR App Nears

Ethereum Layer 2 (L2) network Mantle’s native utility token MNT surged to a five-month high of $0.93 on Tuesday, gaining 23% over the past week and extending its 30-day gains to 63.6%.

The token is now up more than 55% over the past year, with a market cap of $3.13 billion, making Mantle the largest L2 by market cap, according to CoinGecko.

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