How Does On-Chain Data Analysis Reveal MMT's Price Trends and Trading Volume?

This article explores how on-chain data analysis unveils Momentum (MMT)'s recent price trends and trading volume shifts. It delves into the factors behind MMT's drastic price decline, notably the sell pressure from recent airdrops and challenges within the Sui ecosystem. Additionally, it discusses reduced trading activity and diminished liquidity impacting market sentiment. The piece provides insights into market corrections evident through significant sell-offs and user engagement trends, focusing on investor behavior in response to market volatility. Keywords include MMT, on-chain data, price trends, trading volume, Sui blockchain.

MMT price plummets 76.70% to $0.00008350 in the past week

Momentum (MMT) has experienced a dramatic price decline over the past week, with its value dropping by a staggering 76.70% to reach $0.00008350. This sharp downturn follows what had been a period of exceptional growth for the Sui-based financial protocol. Market data reveals the severity of this correction when comparing MMT's recent price history:

Date High Price Low Price Close Price Price Change
Nov 4, 2025 $4.6188 $0.252 $2.6424 Initial listing
Nov 5, 2025 $2.8116 $0.7001 $0.7499 -71.62%
Nov 6, 2025 $1.2472 $0.5581 $0.5924 -21.00%

Analysts attribute this collapse to several factors. First, the recent MMT airdrop created significant selling pressure as recipients liquidated their holdings. Second, the broader Sui ecosystem faces challenges, including a substantial $147M token unlock scheduled for November, which has increased investor anxiety. Additionally, extreme market volatility triggered approximately $100M in futures liquidations, further accelerating the downward price action.

Despite this dramatic decline, Momentum's fundamentals remain notable, having built $500M in liquidity and onboarded over 2.1 million users since its March 31 launch. The project's current market sentiment indicator shows a nearly even split between positive (51.4%) and negative (48.6%) outlooks, reflecting high uncertainty about MMT's immediate price trajectory in the volatile crypto market.

Trading volume remains low at $0.026 in 24 hours

The Momentum (MMT) token is currently experiencing notably low trading activity with a price of $0.026. This represents a significant decline from its historical performance, particularly when compared to its previous all-time highs and recent trading periods.

Looking at historical pricing data for MMT, the contrast becomes evident:

Time Period MMT Price 24h Trading Volume
Current $0.026 Very low
November 2025 $0.59-1.24 $23,337,299
ATH (Nov 4, 2025) $4.6188 $32,983,464
ATL (Nov 4, 2025) $0.252 -

The current trading volume marks a dramatic reduction from the token's more active periods, when it recorded daily volumes exceeding $23 million. This decline in trading activity correlates directly with investor sentiment shifting toward a "Fear" rating of 27 on the market emotion index.

Such low trading volumes often signal reduced market interest and diminished liquidity for MMT. This situation creates potential challenges for traders seeking to enter or exit positions without significant price impact. The reduced activity may stem from multiple factors including overall market conditions, project-specific developments, or investor uncertainty regarding Momentum's ecosystem on the Sui blockchain. The substantial gap between current trading metrics and historical performance indicates a temporary market cooling period for the MMT token.

On-chain data reveals significant sell pressure and declining user activity

Recent on-chain data analysis of Momentum (MMT) presents a complex market scenario heading into 2025. While earlier reports suggested reduced selling pressure in the Bitcoin market, MMT's metrics tell a different story with significant sell pressure emerging alongside declining user engagement. This shift represents a marked change from the project's impressive growth trajectory since its March 31, 2025 launch.

The on-chain metrics present a concerning trend:

Metric Previous Period Current Period Change
Daily Trading Volume $1.1B (peak) $23.3M -97.8%
Price $2.6424 (Nov 4) $0.5924 (Nov 6) -77.6%
24h Change N/A -49.16% Significant drop

These indicators point to a substantial market correction after MMT reached its all-time high of $4.6188. The dramatic price decline from November 4-6 coincides with reduced trading volume, suggesting early adopters may be taking profits. Despite the project's impressive liquidity growth to $500M and user base of 2.1 million, current market sentiment registers at a concerning "Fear" level with a VIX reading of 27.

Market analysts note this pattern often emerges when early investors begin rotating capital away from recently launched tokens, regardless of the project's fundamental strength. As one analyst observed, the broader market appears to be "buying on dips" while specifically waiting for MMT's price to stabilize before re-entering positions.

FAQ

What is MMT coin?

MMT is the native token of Momentum, a DeFi hub on Sui blockchain. It's used for trading, staking, and asset management, supporting liquidity and governance within the ecosystem.

What is Donald Trump's meme coin?

Donald Trump's meme coin is TRUMP, a cryptocurrency available for trading. Its price fluctuates based on market conditions.

Will meme coin reach $1?

While it's possible, reaching $1 is challenging for most meme coins. Success depends on factors like market trends, adoption, and community support. Some meme coins have shown significant growth, but predicting future prices remains uncertain.

How much is MMT coin worth today?

As of November 6, 2025, MMT coin is worth $1.07693, showing a 46.98% increase in the last 24 hours.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.