MBOX Token Surges 17% as Bullish Breakout Drives $63M Volume and Market Sentiment Shift

MBOXUSDT experienced a 17.12% price increase over the last 24 hours, rising from 0.0479 to 0.0561 USDT on Binance. This surge is primarily attributed to a significant bullish breakout from a consolidation range, which was supported by strong trading volume and positive technical analysis indicating a shift in market sentiment. Recent analyst reports highlighted MBOX approaching and breaking out of a descending triangle pattern, further fueling bullish momentum. The increase in trading activity, with 24-hour volumes reaching up to $63.74 million across exchanges, and the active use of MBOX/USDT pairs, especially on Binance, underscore heightened market interest and liquidity. Current market capitalization is estimated between $23.38 million and $28.27 million, with a circulating supply of approximately 500.32 million MBOX.