- What is MMT? Momentum (MMT) is a newly launched DeFi token on the Sui blockchain, acting as a concentrated-liquidity DEX and governance platform. Binance touts MMT as “an all-in-one DeFi hub on Sui blockchain” with deep liquidity [1]. It uses a ve(3,3) model (veMMT staking) to align incentives [2]. The genesis supply is 1 billion MMT, with ~204.1 M (20.41%) circulating at launch [3]. Major backers include Coinbase and Circle in early funding rounds [4].
- Explosive Listing News: In the past week MMT was swiftly added to dozens of major exchanges. Binance announced it will list MMT spot at Nov 4, 2025 12:00 UTC, opening USDT, USDC, BNB and TRY trading pairs [5]. Binance also added MMT to its Simple Earn (flexible BNB stake airdrop) and on-chain yield programs from Nov 4 [6], and enabled MMT for margin (USDT/USDC margin pairs) and futures (MMT/USDT perpetual, 50x leverage) [7] [8]. Bitget’s announcement confirmed MMT/USDT trading on Nov 4 12:00 UTC (deposits already open; withdrawals Nov 5, 13:00 UTC) [9]. OKX likewise opened MMT deposits Nov 4 06:00 UTC and spot trading Nov 4 12:00 UTC (withdrawals from 15:00 UTC) [10]. In South Korea, Upbit announced a new MMT/KRW pair at 6:15 a.m. UTC Nov 5 [11] [12]. Other prominent platforms quickly followed – CoinNess reported MMT soared 1330% on Binance and that Upbit would add MMT at 6:15 UTC [13] [14]. Crypto outlets note MMT “was listed on all the major exchanges” within hours – Binance, OKX, Bitget, Bybit, MEXC, KuCoin, Gate.io, and even Korea’s Upbit and Bithumb all jumped on board [15] [16].
- Price Surge & Market Data: The frenzy triggered an epic rally. MMT spiked from cents to an all-time high of $4.16 (roughly a 4,000% gain from its launch price) [17]. CoinNess noted a Binance quote of $1.43 (up 1330%) within the first hours [18]. After the climax, MMT pulled back — as of Nov 5 it trades near $1.16 per coin [19]. Market cap is roughly $237M and 24-hour volume around $3.53 billion [20] [21] (an extreme 15× volume-to-market-cap ratio indicating wild turnover). For context, Sui (the underlying chain) is about $2.06 (market cap ~$7.6B) [22]. Binance’s HODLer Airdrop page details show 1B max supply, 204.1M circulating at listing [23], and 7.5M MMT (0.75%) allocated to BNB stakers for the October earn program [24].
- Community Buzz & Expert Notes: Crypto analysts hail the listings as a bullish catalyst but warn of volatility. The CMC AI report notes MMT “rides a tidal wave of exchange listings” and describes a “cautiously bullish” outlook – listings on Binance and Asian exchanges vastly boosted liquidity [25]. However, AInvest News highlights that Binance’s launch coincided with $109 M in futures liquidations as MMT briefly topped $4.40, underscoring speculative fever [26]. The same report cautions that “MMT’s price trajectory remains speculative”, urging due diligence and warning of rapid swings [27]. Binance itself reminds traders that all new tokens carry high risk [28]. Even the MMT team warned followers to avoid scams – tweeting “Official contract address will be announced at TGE – BEWARE!” to guard against fake airdrops [29].
- Key Forecasts & Outlook: Technical analysts eye support/resistance levels. One breakout analysis notes MMT has bounced from a ~$1.20 base and broken a descending wedge, targeting the next resistance near $2.80 [30] if bullish momentum continues. BeInCrypto’s Nov 5 forecast charts a year-end average around $2.94 [31]. CoinMarketCap’s model points to a $2.14 pivot level — holding above it could sustain the rally, but a drop below may trigger profit-taking after Binance’s incentives end (2M MMT trading contest runs through Nov 18 [32]). On the flip side, a close under ~$1.20 might deepen the correction [33].
- Investor Takeaway: Momentum’s listing spree is a double-edged sword. It instantly broadened access and liquidity — Binance even ran a 2 million-MMT reward promotion for traders [34] — but also unleashed feverish speculation. In the words of analysts, “biting too hard can invite quick sell-offs.” Traders should watch the supported levels (~$1.2–$2.1), monitor trading volumes, and stay alert to market news. As always, “crypto assets are highly volatile” – experts stress doing your own research and managing risk [35] [36].
Sources: Official exchange announcements and media analysis [37] [38] [39] [40] [41] [42] [43] [44] [45] [46]. These cover the latest listings, market data and expert commentary on MMT.
References
1. www.binance.com, 2. www.bitget.com, 3. www.binance.com, 4. 99bitcoins.com, 5. www.binance.com, 6. www.binance.com, 7. www.binance.com, 8. www.binance.com, 9. www.bitget.com, 10. www.okx.com, 11. cryptorank.io, 12. coinness.com, 13. coinness.com, 14. coinness.com, 15. 99bitcoins.com, 16. coinmarketcap.com, 17. www.bitget.com, 18. coinness.com, 19. www.bitget.com, 20. www.bitget.com, 21. www.bitget.com, 22. marketcapof.com, 23. www.binance.com, 24. www.binance.com, 25. coinmarketcap.com, 26. www.ainvest.com, 27. www.ainvest.com, 28. www.binance.com, 29. coinmarketcap.com, 30. www.ccn.com, 31. beincrypto.com, 32. coinmarketcap.com, 33. www.ccn.com, 34. coinmarketcap.com, 35. www.ainvest.com, 36. www.binance.com, 37. www.binance.com, 38. www.bitget.com, 39. www.okx.com, 40. cryptorank.io, 41. coinness.com, 42. www.bitget.com, 43. www.ainvest.com, 44. www.ainvest.com, 45. www.ccn.com, 46. beincrypto.com
