Manta Network (MANTA) is steadily gaining traction due to a series of promising developments and collaborations, despite some challenging periods. Notable collaborations include ones with
BlackRock's BUIDL Fund and
Bonk for a meme-driven campaign on Manta Pacific, and they even experienced a backing of Manta Network's wUSDM via Mountain Protocol. The BUIDL Fund also backs Mountain Protocol's wUSDM stablecoin. Speculations around future price predictions, some suggesting growth, mix with reports of a rocky start to token listings and recent DDoS attacks. Token launches have had controversial results, with traders shifting funds from meme coins to Manta. This push led to a temporary surge of roughly 30% in the coin's value. Amidst these ups and downs, it’s also important to highlight that Manta has a strategic investment in dappOS via its
$50M EcoFund. The coin rose to the
third-largest Layer 2 network by TVL, and there are reports of successful exchange listings on platforms like Bithumb and Binance. However, some concern has arisen related to potential money laundering allegations. In addition to these developments,
Manta Foundation has shown its commitment to ecosystem growth by launching a
$10 Million Meme Grant. Despite some stumbling blocks, Manta Network has kept its promising pace, with the potential for a significant bull run. The token is also trending on CoinGecko, suggesting the possibility of future wider adoption.
MANTA Coin News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Fri, 06 Sep 2024 06:01:18 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -1
