Mantle (MNT) stands out as the cheapest exchange token

Mantle (MNT) soared more than 150% in two months, breaking through $1.54, a record high. This is due to the “Bybit flywheel” effect, and users can enjoy a handling fee discount if they hold MNT. Analysts pointed out that MNT has a low valuation, with a market value-to-trade volume ratio of 0.1, the lowest among major exchange tokens, which means that despite the risk of relying on Bybit and market volatility, MNT still has the potential to rise sharply.