Manta Network is attracting immense interest as it embodies a multi-modular ecosystem for zero-knowledge applications. It has seen serious price fluctuations recently with a significant increase of 30% within a 24-hour window, as well as a few dips. Regarding future predictions, some analysts view the Manta Network as a robust investment for 2024, with predictions suggesting a continued upward trend. Despite a rough start with its native token, Manta, a rebound has been observed, indicating a healthy recovery. Amid numerous price fluctuations,
Manta Network emerges as a potential key player in the future.
Various collaborations are underway, such as the partnership with
Bella Protocol to bolster the DeFi ecosystem and the alliance with QuickSwap under Manta Network’s New Paradigm campaign. However, a few controversies have painted a bleak picture, including allegations of discrimination from a co-founder and concerns of possible money laundering emerging from South Korea. Amid the turbulence, Manta Network remains unfazed, with strategic investments, launching a $50M ecosystem fund, and a successful airdrop.
Manta Network’s Layer 2 breakthrough has raised the organization's prestige. It stands as the third-largest L2 network by Total Value Locked (TVL), surpassing Base and becoming the fourth-largest scaling solution, according to L2Beat. Manta Pacific’s rise as an Ethereum Layer 2 network, despite the airdrop frenzy, depicts its competitive edge within the crypto space.
Despite facing a DDoS attack during its token launch, Manta is back in business and forging ahead in the cryptocurrency world. It plans to ditch the OP stack for Polygon, indicating its constant evolution and adaptability. Even in the face of potential threats, Manta Network's performance has been remarkable, making it a potential gem in a volatile market.
MANTA Coin News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Wed, 18 Sep 2024 10:49:19 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 5
