Momentum Finance is a decentralized finance (DeFi) ecosystem built on the Sui blockchain, with a focus on developing high-liquidity, concentrated liquidity trading markets and cross-chain trading infrastructure. Its native token, $MMT, serves as the core economic driver of the Momentum system and plays key roles in governance, incentives, and ecosystem support.
On November 4, 2025, Momentum Finance held its Token Generation Event (TGE), unlocking about 20.41% of the total token supply and listing on several exchanges, including Gate. The launch drew intense market attention, with the token price soaring sharply on release day.
Following the listing, the market experienced significant price volatility. While the price briefly reached a new all-time high, it quickly faced liquidations and a pullback, sparking broad discussion across the market.

Chart: https://www.gate.com/trade/MMT_USDT
On the day of the TGE, $MMT surged from approximately $0.34 to over $4, representing gains of several hundred percent. This was followed by a sharp correction and widespread liquidations in the derivatives market.
Based on real-time price data, Momentum (MMT) is currently trading between $0.19 and $0.21, marking a substantial pullback from its all-time high. The market is gradually absorbing the impact of previous high volatility on $MMT’s acceptance.
Several factors contribute to $MMT’s price volatility. Initial listings on major exchanges like Binance, coupled with airdrop incentives, attracted both retail and institutional participants, leading to intense short-term buying and price surges.
There have also been reports of internal manipulation and targeted short squeeze liquidations, with allegations that certain information was leaked to market makers within exchanges, resulting in precise short liquidations and heightened volatility.
This sentiment-driven volatility suggests that market participants have not yet reached consensus on $MMT’s fundamentals or technical outlook, causing pronounced price swings.
On the opportunity front, $MMT stands as a key asset in the Sui ecosystem. If its liquidity and ecosystem continue to grow, it could deliver more stable long-term value. Listings on multiple exchanges further enhance its liquidity.
However, the risks are equally evident. High volatility, macroeconomic uncertainty, and recent short squeeze events show that $MMT’s price is highly sensitive to market sentiment. Additionally, the absence of clear, sustained revenue streams or ecosystem growth may cause its price to diverge from intrinsic value over time.
Investors should evaluate these risks carefully and make prudent decisions in line with their investment strategies and risk tolerance.
Momentum Finance’s $MMT is a high-profile DeFi token that has demonstrated significant volatility and speculative activity during its launch phase. While it benefits from notable liquidity and trading volume, its future performance will depend on ecosystem development, user growth, and realization of long-term value. Proper position sizing and risk management are essential principles when investing in such highly volatile assets.





