Is Manta a promising project?

[Ekanayake90]

Once again please look at what happened to Arbitrum and Optimism after hitting thier very first ATHs. See how many days it took for them to break the down trend and reach a new ATH.

[Sayeds56]

Manta is a good token, if you can invest in it now and wait for some time for it to rise and perform well, for those that had invested earlier before now, they could attest to this fact on how vibrant it was performing after it launch, all you may need is to just invest and possibly wait and hold till the market surges back, then you will realized the possible potential Manta has, you can confirm this through it previous performance.

Manta is a promising coin indeed, in the past it has rewarded participants of its testnet with generous amount of tokens together with valuable NFTs, which could be sold in the NFT markets. Additionally, It is also possible to join their cedefi platform to stake Ethereum and other prominent coins and accumulate points those points will be converted into coins reward by the end of June-24. DYOR

[Ekanayake90]

Manta is a good token, if you can invest in it now and wait for some time for it to rise and perform well, for those that had invested earlier before now, they could attest to this fact on how vibrant it was performing after it launch, all you may need is to just invest and possibly wait and hold till the market surges back, then you will realized the possible potential Manta has, you can confirm this through it previous performance.

Manta is a promising coin indeed, in the past it has rewarded participants of its testnet with generous amount of tokens together with valuable NFTs, which could be sold in the NFT markets. Additionally, It is also possible to join their cedefi platform to stake Ethereum and other prominent coins and accumulate points those points will be converted into coins reward by the end of June-24. DYOR

👍

[asriloni]

The price is always plunged without even stopping. It's now touching another All time LOW. The hell is still holding this crap. Other L2 token looks so stable at this moment, even during the bearish trend was happening. I've heard many people bought when the price was almost $4. Im expecting them lost more than 50% of their money at this time.

 

I had invested in Manta at $4 and to be honest I had a huge loss. Unfortunately, at that time I was even willing to exchange my Bitcoin for Manta because I saw several telegram groups talking about Manta. They say this is a good project if you look at the tokenomics and roadmap. This is not a project without fundamentals like meme coins but it is a very functional project. I shouldn't have believed the telegram group that made that prediction.

Another day, another all time low. You shall always be careful when holding this garabage token. The better if you sold it when btc was still at the top. It's almost impossible for you to see your manata to go back again at 4.



Token unlock will be until 2026. Be patience with your investment.

I told you guys this is gonna be dumped. If you are manta holder, then be careful when btc hits 60k. It may be dumping below $1.

[Godday]

I believe Manta is a good project. That's what I thought at first. I've read the white paper and seen a lot of people talking about it. Of course this isn't some bullshit project like a meme coin. But the reality is that this has become a trash project and I agree with you that developers will start abandoning this project after getting the coin released. So I think it's better to throw it away now rather than wait any longer.

[Ekanayake90]

I believe Manta is a good project. That's what I thought at first. I've read the white paper and seen a lot of people talking about it. Of course this isn't some bullshit project like a meme coin. But the reality is that this has become a trash project and I agree with you that developers will start abandoning this project after getting the coin released. So I think it's better to throw it away now rather than wait any longer.

A trash project? ARB is currently 64 percent down from its ATH, OP is 60 percent down.

[Rasa nanas]

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

Actually i have come across this manta token when i was making research about the best token to invest in, though there are so many tokens in that list so i just choose other token i didn't include manta. but due to my research i think manta seems to be a good token, but i will advice you look for a token that is well known. because not everyone who Knows about this manta token and secondly is a newly launched token so i will recommend you look for any of this old token that can give a good profit to invest.

I'm a little confused by your words, you say this token is good but don't recommend investing in this token. I know this project is classified as a new project, but that doesn't mean it's not worth investing in because not all new projects are not worth investing in. In my opinion this project is one of the potential L1 projects because it received very large funding. and I think including this altcoin in the portfolio is not something bad.

[Sayeds56]

Once again please look at what happened to Arbitrum and Optimism after hitting thier very first ATHs. See how many days it took for them to break the down trend and reach a new ATH.

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters a bullish phase.

[Ekanayake90]

Once again please look at what happened to Arbitrum and Optimism after hitting thier very first ATHs. See how many days it took for them to break the down trend and reach a new ATH.

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters into bullish market.

Exactly!

[X-ray]

Once again please look at what happened to Arbitrum and Optimism after hitting thier very first ATHs. See how many days it took for them to break the down trend and reach a new ATH.

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters into bullish market.

Unless people finally thinks that L2 are overvalued then the valuation will just stuck.

manta hits ATL of course because current market is really bearish I mean to be fair most of L2 are bearish as well not only manta, $ZK that just got listed not more than 1 day in binance already tanking 20%, even got me trapped here, man I should've known better not to invest in L2 when bearish.
but if you're observant enough, the entire L2, Liquid Restaking Protocol and Liquid Staking protocol are having a really really bad time right now with consistent dump about 20%.

those dumps of course also not without reason, there might be strong correlation between the fact that people are withdrawing their money from all these L2 and the fact that price dumped so hard, just see data below.


probably the narrative of L2 and Restaking protocol has come to an end.

I expect current valuation of manta to reflect manta real price, which is a price that's not inflated by the hypes.

[taufik123]

-snip-
manta hits ATL of course because current market is really bearish I mean to be fair most of L2 are bearish as well not only manta, $ZK that just got listed not more than 1 day in binance already tanking 20%, even got me trapped here, man I should've known better not to invest in L2 when bearish.
but if you're observant enough, the entire L2, Liquid Restaking Protocol and Liquid Staking protocol are having a really really bad time right now with consistent dump about 20%.

Manta always hits new ATLs and always happens without any meaningful pullbacks.
Moreover, the state of the crypto market is bearish, with the price of Bitcoin dropping to the $65k++ price area.

My friend even got stuck at the Manta price of $3++ and made him have to hang on until now reaching ATL $1 LOL.
It will be a very long journey to be able to reach ATH again.

All altcoins are affected, but it depends on how each altcoin is strategically designed to cope with the larger decline.
and for ZKsync $ZK which was just listed on many markets yesterday including Binance did experience a drastic drop,
this is due to community dissatisfaction with its airdrop mechanism, so more are dumping.

But it will definitely go up again, and some Tier 1 Exchanges are still getting ready to list it.

[Ekanayake90]

-snip-
manta hits ATL of course because current market is really bearish I mean to be fair most of L2 are bearish as well not only manta, $ZK that just got listed not more than 1 day in binance already tanking 20%, even got me trapped here, man I should've known better not to invest in L2 when bearish.
but if you're observant enough, the entire L2, Liquid Restaking Protocol and Liquid Staking protocol are having a really really bad time right now with consistent dump about 20%.

Manta always hits new ATLs and always happens without any meaningful pullbacks.
Moreover, the state of the crypto market is bearish, with the price of Bitcoin dropping to the $65k++ price area.

My friend even got stuck at the Manta price of $3++ and made him have to hang on until now reaching ATL $1 LOL.
It will be a very long journey to be able to reach ATH again.

All altcoins are affected, but it depends on how each altcoin is strategically designed to cope with the larger decline.
and for ZKsync $ZK which was just listed on many markets yesterday including Binance did experience a drastic drop,
this is due to community dissatisfaction with its airdrop mechanism, so more are dumping.

But it will definitely go up again, and some Tier 1 Exchanges are still getting ready to list it.

If you take a closer look, All the newly launched tokens are bleeding heavily

[CK485]

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters a bullish phase.

Once It isunderstood that each altcoin is strategically designed to overcome larger downturns, with Manta's current structure better privacy, scability,for users in the blockchain ecosystem, and Manta always reaching a new ATL without any significant downturn, with this project there are different stages always to achieve healthy ecosystem growth and and advance the which will come.

[Ekanayake90]

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters a bullish phase.

Once It isunderstood that each altcoin is strategically designed to overcome larger downturns, with Manta's current structure better privacy, scability,for users in the blockchain ecosystem, and Manta always reaching a new ATL without any significant downturn, with this project there are different stages always to achieve healthy ecosystem growth and and advance the which will come.

Also you cant ignore the fact that this project is backed by reputed organisations

[taufik123]

If you take a closer look, All the newly launched tokens are bleeding heavily

The majority do, but after that it will rise slowly because at the beginning of the listing there will be a lot of sales happening because those who get the airdrop start selling their allocation.
 
Now it is also because the crypto market or the price of bitcoin is going down and experiencing a fairly deep correction from the last ATH.

And related to the price of $ZK that continues to fall it is also due to the community's dissatisfaction with Zksync so that a lot of FUDs comes and a lot of negative sentiment, But I am sure it will go up slowly.

As far as Manta is concerned, it has been very bad, reaching the last ATL of $0.9 and even many have suffered drastic losses.

[Ekanayake90]

Once again please look at what happened to Arbitrum and Optimism after hitting thier very first ATHs. See how many days it took for them to break the down trend and reach a new ATH.

It is understandable that most of the altcoins have lost their significant value due to bearish conditions in overall alts market, and Manta, Arabitrum and Optimism. All of these coins represent their respective network which are well known and established chains. I am pretty sure all these coins including manta will recover their lost value once cryptocurrencies market begins to perform well and enters into bullish market.

Unless people finally thinks that L2 are overvalued then the valuation will just stuck.

manta hits ATL of course because current market is really bearish I mean to be fair most of L2 are bearish as well not only manta, $ZK that just got listed not more than 1 day in binance already tanking 20%, even got me trapped here, man I should've known better not to invest in L2 when bearish.
but if you're observant enough, the entire L2, Liquid Restaking Protocol and Liquid Staking protocol are having a really really bad time right now with consistent dump about 20%.

those dumps of course also not without reason, there might be strong correlation between the fact that people are withdrawing their money from all these L2 and the fact that price dumped so hard, just see data below.
https://i.postimg.cc/zG0fHPdk/sgahas.png

probably the narrative of L2 and Restaking protocol has come to an end.

I expect current valuation of manta to reflect manta real price, which is a price that's not inflated by the hypes.

ZK, ZRO, MANTA are all good tokens with potential, they will perform well in the coming months

[GigaBit]

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice.

This token is fairly standard. However, since the current market condition is not good, the investor may have to wait for some time in terms of investment. The token launched this year and is listed on several top exchange sites. But now since the price has come down to a great extent if one can invest here with risk then it is possible to make good profit in the long term. The coin peaked at around $4 and has lost around 76 percent since then. Investing at this time would not be difficult to reap multiple gains in bullish movements. But investors should do their own research before investing. New coins are constantly being added to the market so don't take risk on a coin that could be lost in the long run.

[Ekanayake90]

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice.

This token is fairly standard. However, since the current market condition is not good, the investor may have to wait for some time in terms of investment. The token launched this year and is listed on several top exchange sites. But now since the price has come down to a great extent if one can invest here with risk then it is possible to make good profit in the long term. The coin peaked at around $4 and has lost around 76 percent since then. Investing at this time would not be difficult to reap multiple gains in bullish movements. But investors should do their own research before investing. New coins are constantly being added to the market so don't take risk on a coin that could be lost in the long run.

Many new tokens have been hit hard in this retrace, people are too quick to judge them. Its better to wait till the euphoric phase of the market to really see what is going to go parabolic and what is not.

[asriloni]

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice.

This token is fairly standard. However, since the current market condition is not good, the investor may have to wait for some time in terms of investment. The token launched this year and is listed on several top exchange sites. But now since the price has come down to a great extent if one can invest here with risk then it is possible to make good profit in the long term. The coin peaked at around $4 and has lost around 76 percent since then. Investing at this time would not be difficult to reap multiple gains in bullish movements. But investors should do their own research before investing. New coins are constantly being added to the market so don't take risk on a coin that could be lost in the long run.

Many new tokens have been hit hard in this retrace, people are too quick to judge them. Its better to wait till the euphoric phase of the market to really see what is going to go parabolic and what is not.

That's completely incorrect, my friend. People judged this token for a reason. Even with the price of bitcoin still hovering around $70k, the price of Mantia has been steadily declining.

We should simply strive to be realistic, with the monthly token unlocked and handed to the market. It was easy to say that Manta is not making strong long-term progress. 

Believe it or not, the price will remain stable due to the pressure from the unlocked vesting token, which will be sold by VCs that invested in Manta. 

[Ekanayake90]

Manta Network is proud to announce that the on-chain yield-bearing stablecoin, wUSDM, deployed by Mountain Protocol on Manta Pacific, is now backed by BlackRock’s BUIDL Fund and facilitated through Securitize, BlackRock’s transfer agent and tokenization platform for BUIDL. This marks a new chapter in the long-term growth and security of all holders of wUSDM.

The BUIDL Fund (BlackRock USD Institutional Digital Liquidity Fund) represents BlackRock’s commitment to integrating blockchain technology with traditional financial assets. The BUIDL Fund offers a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. It invests 100% of its assets in cash, U.S. Treasury bills, and repurchase agreements, ensuring secure and transparent yield generation on the blockchain. Manta Network is proud to be one of the early adopters of the BUIDL Fund by supporting its backed assets through the on-chain yield-bearing stablecoin.

wUSDM on Manta Secured by BlackRock’s BUIDL Fund