Topic: Is Manta a promising project? - page 5. (Read 1750 times)

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.

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

The initial appearance of Manta created a surprise in the market. it shows the tremendous enthusiasm of the market. and of course, also shows how the developers work extraordinarily.
we don't know what will happen in future development. but maybe we have to see in the next 1 or 2 years how these tokens can survive in the market with the strength of their community.

Yes, Manta is a good project you can embrace now, if you have the capital with you because it will increase higher in the future to help those that invested in the right time to achieve income that will make them to increase their capital in the future. I'm not am expert, but base on some research I carried out to know more about the project make me to realize that the team behind the project will not let their investors to regret for Making their project their choice. I will advice you to also research to know what users are telling you concerning this Manta project before you will take your final decision.

At least until 2025 February?

How long are we expected to wait for it? if we invest now. Almost all altcoins are good altcoin if only we are willing to invest our money in it. Especially disposable money. So that if any things happens along the line that we lose the money or stuffs like that we wont panic or be worried about our financial state. Market hype has made many invest in altcoin with their hard earned money and they are aware that their income every month is not enough for them to start investing now.

Im concerning about about is whether Mantah will ever achieved a high ATH like other tokens did in the past, so far manta's chart is very stagnant this time. Manta was a new token in the market, and there isn't yet enough demand to pump it but it'll probably soon to be pumped by the whales. The opportunity for growth remains, but given that Manta still has a large number of vested tokens which makes it struggle to expand significantly to enter in the mooning game this tiem. The newly investors for this token must have known whte vesting schedule for manta. 
Expecting a few times return is still possible given its small market capitalization, but we should not expect Manta to give us 10x returns, which is impossible. There are still many tokens that are not in circulation. which is also pressuring the buy order for this token.
The locked tokens will also have a negative impact on the manta network's growth price since it was also adding more sell orders in the market. The price can gradually depreciated as well. Anyone willing to invest in this token must be aware of the risks associated with doing so.
It's because their investment may take longer to grow because the whales may be feeling so bad about raising the price of manta due to inflation caused by token unluck, which will occur on a regular basis according to the vesting schedule.

I understand. Also it is possible that Manta will exceed your price target during the bull cycle specially when you look at the investment firms behind this project.

I'm not an expert, but based on some analysis of the project, team, dev, fund, roadmap, tokenmics,... and I know about Manta. They are truly one of the quality crypto projects, which has been proven through the activities they demonstrate. I also have a positive speculation about the future price of Manta $20 could be an expected price for speculation in the next bull cycle.

I agree with you to some extent but it's not exactly like you mentioned.the point here to notice is whether it will be able to compete with ETH and SoL layer 2 technologies. Sol has also launched its chat platform along the layer 2 development it's also working on that so the question arises will manta be able to compete? Manta have only staking feature like by most youtubers because it gives referel rewards.

These two altcoins SOL and ETH have a great history and competing with them is not a joke yes you can have a bet and it may come out richer but the chances are very low. You can get good profits but not up to the mark you're expecting I think.

I've been thinking the same!