Momentum (MMT) is the native governance and utility token of the Momentum DeFi protocol on the Sui blockchain, designed to power decentralized liquidity, staking, and yield aggregation in the Move ecosystem.
The project has grown quickly, reporting millions of users and hundreds of millions in total value locked (TVL) as it aims to unify trading, staking, and liquidity into a single composable layer.
MMT’s price has shown dramatic volatility — surging to multi‑dollar highs in late 2025 and collapsing sharply afterward, reflecting speculative trading and broader market weakening.
Current trading levels are much lower than peak, with significant drawdowns from all‑time highs, indicating risk‑off sentiment and profit‑taking pressure.
Technical factors suggest continued sideways or choppy action until clear catalysts re‑ignite volume or ecosystem adoption picks up.
Long‑term outlook hinges on continued DeFi integration on Sui, governance participation, and sticky liquidity, but short‑term trading remains highly speculative.
