Mustang MUST

What MUST actually is on-chain

Mustang is a contract-issued token at address 0xA8b56ce258a7f55327BdE886B0e947EE059ca434, recorded on sagaevm.sagaexplorer.io. We do not have a verified chain label for that explorer in our dataset, so we will not name the network here — check sagaevm.sagaexplorer.io directly and confirm the address matches before interacting with it.

Another asset tracked on this site also uses the ticker MUST: Must (Ethereum, 0x9c78…288f). These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For MUST the project publishes a public source repository and an active account as @mustangfinance. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MUST sits in the market

Mustang ranks #2007, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live MUST order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted.

MUST against its all-time high

Mustang's record high is $0.9983, set on 2025-12-14. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. The print is recent enough — about a year ago — that it still describes the market MUST trades in today. We are not quoting a drawdown from it because no tracked venue is giving us a live MUST price — a stale or single-pool number would make that percentage look precise when it is not.

MUST across its historical range

The recorded range is comparatively narrow: 2.00x between $0.4995 and $0.9983. Either the price history is short, or the asset is designed not to move.

The record low of $0.4995 was printed on 2026-05-07 — within the last six months. We have no live quote to measure the current distance from it.

MUST supply and valuation data

Supply figures for MUST are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $77.1 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one sagaevm.sagaexplorer.io reports for this contract.

What kind of asset MUST is

Mustang is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. Our dataset does not record which backing model this token uses, which is itself worth resolving before holding it: reserve-backed, collateral-backed and algorithmic pegs fail in very different ways and on very different timescales. Its size is mid-range for the category — large enough to be quoted continuously, small enough that a single large redemption is visible in the price.

CoinGecko files MUST under 3 categories, including Stablecoins, Lending/Borrowing Protocols, Saga Ecosystem.

How to set a Mustang alert that is worth receiving

Mustang (MUST) — high dated 2025-12-14 — rank #2007. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →