I think most of CT is unaware that Mantle is basically Bybit’s official chain, and how this would make $MNT Bybit’s BNB. If any of you were around to see BNB’s run in 2021, you know what this could mean for $MNT’s price. - Mantle was incubated by Bybit in 2021 under the name BitDAO. The project later rebranded and their token $BIT migrated to $MNT. - Bybit donated huge amounts to Mantle’s treasury, including a whooping $134m contribution in ETH and stables in Jan 2022 (see screenshot) - Bybit’s offering has strong synergies with many of Mantle’s products, like offering BTC - FBTC conversion (Mantle’s DeFi ready BTC) and supporting Mantle’s Neobank, UR. - Helen Liu (Bybit Co-CEO) and Emily Bao (Bybit Head of Spot Trading) have now joined Mantle as key advisors and in the video below @benbybit mentions how this means Bybit’s key personnel are now involved in Mantles decision process and hints later that from now on “a lot more is going to happen”. With this latest key advisor’s news reaffirming the close connection between the Bybit and Mantle, it’s no surprise that MNT is now by far the largest L2 token by marketcap (almost 50% above ARB as a far away second) and it’s L2 metrics are up only, with active addresses up 2x and contract deployments spiking (see Nansen post below). I’ve been hitting this note again and again, but $MNT is a token you really don’t want to fade this cycle.