Here’s Why Momentum (MMT) Soared Over 300% Today

Momentum (MMT), a newly launched token, has surged over 300% today, becoming one of the top gainers. Notably, the price comes as bearish trends sweep the crypto market, with Bitcoin dipping below the $100,000 mark and most altcoins trading lower. Momentum (MMT) defied the downtrend, grabbing attention across exchanges and social media.

According to data from CoinGecko, Momentum (MMT) trades at $1.47, marking a remarkable 324.7% surge in a single day. Its trading volume has also soared, now exceeding $1 billion. This figure reflects a 5,377,436.90% spike in the last 24 hours, signaling strong investor interest.

What is Momentum (MMT)?

Momentum (MMT) is a new crypto token built to power a growing Web3 ecosystem. It rewards early supporters, developers, and active community members through unique features, such as the Momentum Title Deed. The token is designed for both trading and participation in the platform’s DeFi services, giving holders access to airdrops, staking, and governance opportunities.

Backed by OKX Ventures, Coinbase Ventures, and Circle, Momentum has strong institutional support that helps drive confidence in its growth and adoption. A key feature is veMMT, a locked version of the token that encourages long-term holding and fosters community growth. By locking up most of the supply, the project reduces sudden sell-offs and aligns incentives between holders and the team.

A Massive Launch Across Major Exchanges

Momentum made its grand debut at 12:00 UTC. It launched simultaneously across more than ten top crypto exchanges, including Binance, Bybit, OKX, BingX, Bitget, MEXC, HTX, and KuCoin.

MMT Token starts trading today at 12:00 UTC across 10+ top exchanges, including:@binance, @Bybit_Official, @okx, @BingXOfficial, @bitget, @MEXC_Official, @HTX_Global, @kucoincom + more.

It’s time to #KeepTheMomentum ! pic.twitter.com/T7QvjN75Rp

— MomentumⓂ️Ⓜ️T (@MMTFinance) November 4, 2025

The multi-exchange rollout immediately gave MMT a global audience, driving trading volumes up and sending prices soaring. Before now, the project team had spent weeks building anticipation for this moment, announcing key details across social media. Their strategy was successful, drawing global attention and generating early trading momentum as eager investors rushed to participate.

Additionally, the timing also played a major role. The crypto market was sluggish today due to bearish trends. Led by Bitcoin, many cryptocurrencies dipped as investors stayed on the sidelines, waiting for a clearer market direction. Against that backdrop, MMT’s multiple listings drew significant attention. Usually, when a new project outperforms while others are struggling, traders naturally take notice, and that momentum can fuel even more buying.

Airdrop Excitement and Strong Community Backing

Another major factor that contributed to Momentum (MMT)’s surge is its ongoing airdrop. According to the platform, the airdrop will reward both regular users and Momentum Title Deed holders — early supporters who helped lay the project’s foundation.

However, Momentum Title Deed holders will receive their airdrop in three days, as the tech team finalizes the distribution process to ensure a smooth rollout. Since these holders won’t receive their tokens immediately at launch, the team has expanded the initial MMT reward pool by 50%. This adjustment ensures that there are sufficient tokens for early participants and traders, while maintaining a fair and balanced process.

Furthermore, the project highlighted that up to 90% of each user’s allocation will be distributed as veMMT. These tokens will become visible within the next few days, ensuring stability in circulation and preventing quick dumps. Moves like this often build confidence among traders and strengthen the bond between a project and its supporters. Combined with multiple exchange exposures, this created a perfect situation for MMT’s rapid price climb.

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