Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours

According to a blog post, exchanges Bybit, MEXC and Huobi are supporting the token migration. Per Etherscan, Bybit is the third largest holder of MNT, with more than 15% of the total supply. Moreover, sister companies Jump Capital and Jump Trading have together accumulated more than $5.3 million MNT tokens, after several wallets converted BIT to MNT in multiple transactions, data from blockchain analytics platform Nansen shows.