MNGO

The Mango coin, known as MNGO, has experienced significant developments recently. Originally launched on August 23, 2021, on the Hotbit exchange , the token has undergone notable changes.

In early 2025, Mango Markets, the decentralized finance (DeFi) platform associated with MNGO, announced its closure due to regulatory challenges, including a settlement with the U.S. Securities and Exchange Commission (SEC) . Despite this, the MNGO token experienced a surge in value, possibly due to market speculation and the anticipation of reduced token supply .

Currently, MNGO is trading at approximately $0.0198, with a market capitalization around $21 million and a circulating supply of over 1.1 billion tokens . The token's utility includes governance participation, liquidity provision, fee payments, and access to exclusive community benefits .

Looking ahead, Mango Network is planning to launch its mainnet in Q2 2025, with the MGO token expected to list shortly thereafter. The mainnet aims to offer high-speed transactions, interoperability across blockchains, and enhanced security features .

For those interested in the MNGO token, it's available for trading on Solana-based decentralized exchanges like Raydium and Orca .

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