Mantle (MNT), a layer 2 scaling solution on Ethereum, has seen its native token's price retest the key $1 level while other altcoins experienced major losses. MNT was one of the few tokens trading in the green during the Asian trading session on January 21. This occurred as Bitcoin and Ethereum were down more than 4% in the past 24 hours due to crypto liquidations following US President Donald Trump taking office. Despite this, analysts remain bullish long-term. MNT joined Raydium, ai16z, and Gate Token as the top gainers, suggesting further upward momentum. Various indicators also suggest buyers have an upper hand. The total value locked in Mantle remains above $500 million, indicating a bullish stance from the community. Active and new addresses have increased as MNT's price rose. Nearly 69% of holders are in profit, with the next major hurdle in the $1.16-$1.45 zone.



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