Latest Multiple Network (MTP) News Update

Deep Dive

1. Full Token Swap Initiated (29 September 2025)

Overview:
A third-party market maker breached lock-up terms on 23 September, dumping MTP tokens and crashing the price to $0.0021. Multiple Network suspended all trading on 29 September, deployed a new BSC contract (0x8333...6A), and executed a 1:1 token swap for holders.

What this means:
This is neutral-to-bullish for MTP as it removes compromised tokens from circulation, but highlights governance risks. The 251% volume spike post-announcement suggests traders are cautiously engaging with the reset. (Bitrue)

2. $1M Buyback Plan Launched (29 September 2025)

Overview:
The team committed to repurchasing $50K–$100K monthly for six months, funded partly by legal recoveries from the rogue market maker. Future buybacks depend on market conditions and court outcomes.

What this means:
This is moderately bullish – structured buybacks could reduce sell pressure, but the $1M target represents just 0.05% of MTP’s $1.95M market cap, limiting immediate impact. Execution transparency will be critical. (Crypto.News)

3. On-Chain Trading Advisory (27 September 2025)

Overview:
Multiple Network warned users to avoid decentralized MTP swaps due to lingering polluted supply, urging trades only on centralized exchanges like Binance.

What this means:
Bearish for decentralization purists but pragmatic for risk management. The advisory implies ongoing contamination risks in DeFi pools, potentially delaying ecosystem growth until audits confirm the new token’s integrity. (MTP Team)

Conclusion

Multiple Network’s rapid response to the breach demonstrates crisis management capability, but the 90-day price drop of 96% underscores deep investor skepticism. The dual swap-buyback strategy offers a recovery framework, yet questions linger: Can the team enforce stricter partner oversight to prevent repeat incidents?

Deep Dive

1. @MTP_Network: Liquidity Pool Risk Alert 🚨 bearish

“Withdraw old $MTP liquidity immediately – unsupported tokens risk permanent loss”
– @MTP_Network (Official · 29 Sept 2025 8:10 AM UTC)
View original post
What this means: Bearish short-term as legacy token abandonment signals operational disruption, though mitigates further contamination risks.

2. @crypto.news: $1M Buyback Amid Supply Crisis ⚖️ mixed

“12-month buyback targets $50K–$100K monthly initially… legal recoveries to fuel further repurchases”
– Crypto.news (29 Sept 2025 3:33 AM UTC)
View article
What this means: Mixed sentiment – structured buybacks could stabilize prices, but reliance on lawsuit recoveries introduces execution risk.

3. @MTP_Network: Judicial Probe & Trading Guidance ⚖️ neutral

“Publish investigation progress within a week… avoid on-chain $MTP trades for safety”
– @MTP_Network (27 Sept 2025 2:20 PM UTC)
View original post
What this means: Neutral – exchange-centric trading limits decentralization but reduces exposure to polluted supply during remediation.

Conclusion

The consensus on $MTP is mixed, with cautious optimism about remediation efforts tempered by operational turbulence. Watch for judicial investigation updates (expected by 4 October 2025) and early buyback execution transparency to gauge recovery viability.

Deep Dive

1. Token Contract Migration (29 September 2025)

Overview:
Multiple Network replaced its original BEP-20 token contract after a security breach involving a third-party market maker. The new contract (0x83330d...D216A) aims to purge polluted supply and restore ecosystem integrity.

The breach occurred when unauthorized token unlocks and dumps contaminated the original token’s circulating supply, causing a 40% price crash. The team suspended trading, took snapshots of holdings, and auto-distributed new tokens 1:1 to verified holders.

What this means:
This is neutral for MTP because it addresses immediate security risks but highlights vulnerabilities in third-party partnerships. Users must migrate to the new contract to avoid asset loss, creating short-term friction.

(Source)

2. Liquidity Pool Migration (10 September 2025)

Overview:
The team sunsetted the MTP/BNB liquidity pool and launched an MTP/USDT pool to improve market depth and reduce volatility.

This shift centralizes trading around a stablecoin pair, reducing exposure to BNB’s price swings. The update followed a 96% price decline over 90 days, suggesting efforts to stabilize liquidity.

What this means:
This is mildly bullish for MTP because deeper USDT liquidity could attract more traders, but the token’s 24-hour volume remains low at $4.64M (-79% weekly).

(Source)

Conclusion

Multiple Network’s codebase changes reflect reactive security measures rather than proactive innovation, with token migration dominating recent activity. While the new contract mitigates supply risks, the project’s 94% 30-day price drop underscores lingering trust issues. Will the team’s promised $1M buyback and legal actions against the market maker restore confidence?

Deep Dive

1. Token Swap Completion (Q4 2025)

Overview:
The team is migrating users to a new BSC contract (0x83330d1...D216A) after a third-party market maker dumped tokens, polluting the original supply. Exchanges completed snapshots on 29 September 2025, with 1:1 swaps ongoing.

What this means:
This is neutral for MTP as it addresses critical supply integrity but highlights governance risks. Successful migration could reduce sell pressure from "polluted" tokens, though trust recovery depends on transparent execution (Bitrue).

2. Judicial Investigation Update (Early October 2025)

Overview:
Multiple Network pledged to disclose findings by early October 2025 regarding legal action against the rogue market maker. The outcome could influence recovered funds for buybacks.

What this means:
This is bearish short-term if accountability gaps emerge, but bullish if it demonstrates robust recourse mechanisms. Clarity may reduce FUD but won’t reverse MTP’s -95% 90d price drop alone (MTP_Network).

3. Buyback Plan Execution (Q4 2025)

Overview:
A 12-month buyback program aims to repurchase ≥$1M of MTP, starting with $50K–$100K monthly. Funds from legal recoveries will supplement this effort.

What this means:
This is cautiously bullish if sustained, as buybacks could offset dilution from the breached supply. However, MTP’s $2.3M market cap and -31% 24h volume drop signal weak liquidity to absorb buys (Crypto.News).

Conclusion

Multiple Network’s roadmap is dominated by damage control: token migration, legal resolutions, and buybacks. While these address immediate risks, long-term success hinges on reigniting developer activity and DePIN adoption post-crisis. Will enhanced security protocols and community incentives emerge in 2026 to rebuild MTP’s Web3 privacy acceleration vision?