EPISODE · Sep 10, 2025 · 23 MIN
Mantle (MNT) & Bybit: The Undervalued Gem Forging a CeDeFi Powerhouse
from Next in Crypto: Daily Insights on Bitcoin, Ethereum, DeFi & Web3 · host Next in Crypto
This podcast champions Mantle (MNT), repositioned as Bybit's primary utility token, highlighting its strategic integration with the exchange to drive demand. Key "catalysts" include enhanced collateral use, VIP fee tiers, and a potential buyback and burn mechanism, which are expected to create significant structural buying pressure. MNT is undervalued compared to competitors, pointing to low MCAP/Volume and MCAP/OI ratios as evidence. They project a 3-6x upside potential within 6-12 months based on competitor benchmarks and valuation models, while acknowledging "risks" such as execution, dependence on Bybit, and ecosystem competition.
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Mantle (MNT) & Bybit: The Undervalued Gem Forging a CeDeFi Powerhouse
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