Topic: Is Manta a promising project? (Read 608 times)

From my investigation, it has a promising future and it has hit $1.95 and that is good price as a memecoin. Dogecoin that has been in the ecosystem for years before others came still $0.1572 and new projects have hit $1+. But you still need to do some personal research on it and such as the community support and the capitalization of the project and the exchanges that coin has been listed. Because you don't have to invest on a project that has not listed in any popular exchange and by the time when you want to withdraw it, it becomes a problem. A friend of my lost a lot of funds because he didn't do any research on the project and just invest in and the platform collapsed.

With due respect in what basis are you predicting that it will give you some good profits if you hold it for a longer period of time?

I mean I don't see much in this project. It is an average investment option as far as I have studied it. Since it's launch its very volatile and except certain instants it's price is also very stagnant in the market. If you can please elaborate so that we could also see the positive aspects.

Great analysis! My personal opinion is Manta is a solid project that one can hold for 2-3 years to come. Also they keep developing thier project and introducing new solutions constantly

In my opinion, people should look at these new projects as if they were looking at gambling, in which they will put in little money but know that it is money they can afford to lose. for example if a person has 500$, then that person must choose 10 projects and then put 50$ in each project, this way the person just observes each project without creating high expectations and if he loses everything, it will not be a problem, if he makes a profit in many and have losses in others, you don't lose everything. I'm talking about this because this project was listed on Biance this year and in January. since January until today the price has been falling, and see that it reached 4$ and there were many people who bought at 4$ because they thought the price was low and today they are seeing the price below 2$, so these people have big losses and I know that it is normal for people to be exaggeratedly optimistic in this cryptocurrency market.

looking at the charts of this cryptocurrency



If this month, the price of this token does not close at $2.60, then in the next month the price will continue to fall, the problem is that of the price of a coin, and that when there is a scenario in which people bought a lot and realize that they are having a big loss and the situation will tend to get worse, so many people sell everything they bought to reduce losses and jump to another project to recover losses and make a profit, by this I mean that if the price closes this month below 2.60$ then no Next month the price will fall a lot because people will sell to reduce their losses, so my question is: why would people buy while the price is falling a lot?

👍👍

I don't know why this coin keeps tanking there are a lot of influencers keep saying that this coin is good coin to invest but I just don't believe it I decided to just dump this coin when it was still $3, well I guess that was a good decision knowing that it tanked nearing its lowest point right now.
also keep on the lookout for the newest coin that gonna get listed in may, there gonna be many TGE for these new projects and it might overshadow manta, honestly it definitely have the strength to recover its previous all time high but i just prefer to bet on newer coin.

there are many rumour that there might be some vesting unlocks left remaining that might potentially disrupt the current price i mean as it is right now price already tanking, i don't know why but it seems people just switched over to the newer L2 just for the sake of getting better opportunity and people just outright abandon manta.

https://youtu.be/DxaolQnV5Gg?si=7nxYL4Rt3n6fUg6b

A great video made by coingekho about Manta token 👆

Was this one with the airdrop that has released to many? I think that it's also promising but with these opinions that we're having was due to the fact that they've got and loaded a lot of money to the community but as a project itself, you do yourself a favor by looking at it and all you have to do is to research more about it and the whitepaper as well to get some glimpse of it whether you should be on it or not.

As we all know, Manta is a project that is currently shining, and the price has reached $4. Of course, that is a very extraordinary achievement for a new project, especially since the popularity of Manta has been increasing day by day in recent weeks. However, we will not know how the project will continue, I personally am not interested in investing in Manta at this time because I am not ready mentally.

I don't know if the project will turn to a profitable project to their customers in the future, but as it is now, I will not advise you to invest your money on that project if you are expecting profits before the end of december 2024 because the project will not going to make any improvement in this season.

 But if you want to hodl the Manta for long, I guess it will make you to earn little from it because their team are not too strong to make the token to dominate like the way other tokens dominated massively to make their customers to increase higher.

Some of my friends that invested in this project last year, and I advise them to start with small money to test the project if the project will give them what they want before they can increase their money, but they were thanking me for the advise I gave to then not to invest huge amount money and the project make them to lose their money.

I think holding Manta will be profitable post halving

I see a lot of traders trading MNT but it's not yet listed on some famous exchanges. There is still room to grow IMO. I haven't had the time to research but  I traded it because the chart looks good and he technical analysis I did is good.

Are you planning to hold it?

For quite some time now, I have seen Manta Token gaining popularity in the crypto market. Perhaps the second week of last month saw the Manta coin peak at $4.05, although the current price is now under three dollars. Investing in Manta Coin seems worthwhile, just because I say you should invest in Manta Coin doesn't mean you should invest in Manta Coin. You will invest in your research, personal thoughts. But it seems to me that the value of the coin will increase in the future. As the market is  bearish right now, I think that if you invest in this coin and hold it, this coin can do well in the coming years.

4$ per manta is a fair price in my opinion. If it make correction from that price then i wanted to take it positively, as this type of correction makes it healthy for the token to grow in the long run. All the weak hands will leave the project and people with better judgement will get the fruit of patience. Also, their ecosystem airdrop is also something that manta holder will get. This will surely boost the price of manta when we see an alt-season in the market. Manta has one of the best tokenomics among all the layer 2. So if the team can keep delivering then we will see a much higher price in the bull season.

Thats right!

I think to change fortune you should always make your investment the best investment. Meanwhile as a supply of 1billion, so manta is a very good project and already the price of this token is profitable for investors. But there are some who bought at high prices but still have to wait to get good profit. Since the price of this token was 4$ a few days ago, you can buy it if you want and save it for long time. Ahead we can see bull market then you will get good profit.

Also its worth looking at the companies that are backing this project

But if you look at current growth and marketing strategy of manta then you will see they are doing better than some of the other OG project in the industry. Their approach towards the community is pretty unique, and they are focusing on building their ecosystem, TVL. That is the reason manta become so massive in TVL in the short term. Their current growth is impressive and a lot of new project working with them which seems promising. If they can do ecosystem airdrop campaign like SOLANA then their token price will grow massively.

That's a good point but as you mentioned MANTA has 25 percent of the token in supply. Around 1 billion in total and 251,000,000 in the circulating supply. It still needs to be very accurate while getting the rest of the supply to the desired users.

The supply will only Increase when there will be a decent amount of demand of MANTA in the market. For this you have to go with a very good and promising marketing strategy. The community also plays a vital role in that. It's true that the market supply is not much and the circulating supply is good but yet it's a long road to go.

Thats true! Only time will tell