Manta Network, the blockchain supporting the
MANTA Coin, is making significant waves in the cryptocurrency market. It has gained traction with its recent launch of a
$50M ecosystem fund, and its collaboration with
BlackRock's BUIDL Fund. This partnership resulted in the creation of a
wUSDM stablecoin supported by Mountain Protocol. Despite challenges like a
DDoS attack during token issuance, Manta kept up by launching a
$10M Meme Grant for ecosystem growth and a strategic investment in
dappOS through its EcoFund.
Manta Pacific, a part of the network, is the third-largest Layer 2 network by Total Value Locked (TVL), and has replaced Base as the fourth largest scaling solution, according to L2Beat. The network is also pioneering real-world asset integration in Web3. Despite 52% plunge due to airdrop hunters, Manta Network plans to win back capital and recently came on top of the trending list following airdrop news. While price predictions for MANTA coin have been a mix of bullish and bearish, it makes a good investment case with its
unique technologies and innovative ideas similar to other high-growth tokens like JetBolt, Celestia, Solana, Tron, Ripple.
MANTA Coin News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Fri, 06 Sep 2024 15:10:57 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -8
