Is Manta a promising project? - page 6.

Sophokles

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Quote from: Text on March 18, 2024, 11:03:09 PM

This Manta also has potential; there's no crypto project without risks when it comes to investing. Manta Network is indeed a promising project with its modular ecosystem for web3. It’s designed to deliver faster transaction speeds than an L1 and lower gas costs than an L2. However, the circulating supply will increase over time, which could potentially put pressure on the token price in the future. There are many Layer 2 blockchains available now, each with its strengths and weaknesses, so it's crucial to conduct thorough research before investing.

The most unique things about manta compare to other layer 2 in my opinion is its token supply. Manta and Matic is the two layer 2 project with the best tokenomics. Matic has 100% tokens in circulating supply, which means no new token emission and sell pressure. Manta token supply is also 25% circulating, and its total supply is only one billion. That means the emission of the token won't be significant, which means low sell pressure. Also their marketing team is innovative and ecosystem adoption is in all time high.

Ekanayake90

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Quote from: Dunamisx on March 20, 2024, 10:32:33 AM

Since we are having the market going bearish these days from the all time high we already have, it will be a wise decision in seeing that people are investing in as many as possible digital coins and take the required risk involved in them and hold, its something that we know that most of them are likely to perform high during the continuation of the bullrun as manta has previously performed, we are still expecting for more and more to come.

Very true

Dunamisx

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Since we are having the market going bearish these days from the all time high we already have, it will be a wise decision in seeing that people are investing in as many as possible digital coins and take the required risk involved in them and hold, its something that we know that most of them are likely to perform high during the continuation of the bullrun as manta has previously performed, we are still expecting for more and more to come.

Ekanayake90

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Many thanks everyone for your wonderful insights! Im learning a lot

Text

hero member

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This Manta also has potential; there's no crypto project without risks when it comes to investing. Manta Network is indeed a promising project with its modular ecosystem for web3. It’s designed to deliver faster transaction speeds than an L1 and lower gas costs than an L2. However, the circulating supply will increase over time, which could potentially put pressure on the token price in the future. There are many Layer 2 blockchains available now, each with its strengths and weaknesses, so it's crucial to conduct thorough research before investing.

rodskee

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Quote from: Bureau on March 15, 2024, 07:46:38 PM

If you are interested in MANTA then remember it is not a pump and dump project. A long term holder of this token will benefit and not a short term holder. It is providing layer 2 solution on the Ethereum blockchain and the same time it is privacy focused. You can find detailed information about what I meant by privacy focused when you visit https://manta.network/

Do remember after Dencun upgrade went live on Ethereum blockchain most layer 2 protocol will benefit as their transaction fees will reduce considerably.

That is what most investors need to understand when most of the altcoins supporters
are here for easy money and not welcoming a long term holding coins so I know that there
will be discouragement when they find out that this is not an easy catch for them and
should be ready to where and when they will invest and keeping the holding.

God bless u

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Manta was a very good project. Once it was launched in the market it has some good use cases such as low transaction fees and good architecture. On the other hand the usability factor is also a little bit involved in this project. It was launched with a little bit of high price in the market and then it dropped down after a few hours of its launch. Then it goes on in the market with greater volatility. So this project has some potential in the future but I think so if it go solo then it will be very difficult for it to you know get some particular heights it can happen if it collaborates with another project and brings in the collaboration into the market because the collaboration will you know allow it to open the doors for investors and then is its value will Increase. Otherwise I think it is a normal project and it can do well but not that much well to the extent you are expecting.

Now MANTA have announced new paridigm 2 which will attract more investors and this time user will stake Manta own token so chance of price increase is high

bluebit25

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Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

This is new crypto and there is still a lot of work to be done to be able to talk about the big goal. But I think the potential of the project was shown when its launch also attracted a lot of attention, perhaps in the next bull season it will also be the project that receives a lot of hype, although this is not the case. L2 is my priority in space, but honestly, from ideas, team, opposition,... Manta is very professional, part of the highlight is that they have many big partners that will help them contact with many communities in the future.

poodle63

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Quote from: GreatArkansas on March 18, 2024, 08:38:12 PM

Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

It's still early to say something about this project, but what I can say is this token is new, which is a Modular Blockchain on Ethereum.
What I can say is this is also an alternative for other layer-2 networks that we already have now that are still EVM compatible.
If you want to invest then expect that there will be no price of all-time high or how high it can go or how low in can dump.

usually coin like this reaches its all time high not too long after listing or at least when we are in bullrun but I think it has reached $4 as its all time high because there are so many coin vested that gonna be unlocking in the future.
I mean even though for L2 the market cap of around sub $700 million is kinda low but the hypes about manta has been gone, its never resurfacing again overshadowed by other L2 that just introduced their mainnet like blast and so on, i find actually manta might just be stuck at around this market cap and it will increase as the unocking goes, the fully diluted market cap is already high enough, the price will stay like this for a long time staying around $3-$4 assuming there's nothing crazy about manta going on in the future thats my speculation.
I personally already cashed out my investment when it almost hits $4 and will personally find another investment thats better.

GreatArkansas

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Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

It's still early to say something about this project, but what I can say is this token is new, which is a Modular Blockchain on Ethereum.
What I can say is this is also an alternative for other layer-2 networks that we already have now that are still EVM compatible.
If you want to invest then expect that there will be no price of all-time high or how high it can go or how low in can dump.

Sophokles

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One of the best layer 2 project from the market in my opinion. Its TVL is also on the top and its growing with its ecosystem project. Compare to other layer 2 project it has the best tokenomics in my opinion. So in my opinion matic and manta can be two best layer 2 choice for the long term. Manta even has advantages over matic due to its unified liquidity concept. Manta will benefit from it because it uses polygon zkEVM technology in their system. It is also using TIA DA technology. So over all i want to keep manta even above arbitrum another leading layer 2 project.

Ekanayake90

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Quote from: TastyChillySauce00 on March 15, 2024, 11:40:47 PM

Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

Overrated blockchain but since this token has not yet pumped then it's still worthy enough. The only main problem if you shall also aware with the inflation owned by this project. The circulating supply will increase with the goes of time. Becareful when investing in a project that has not yet fully unlocked.
VC will dump on your but the movement is very stagnant. The possibility for the pump to happen is still there.

Here's manta vesting schedule

https://i.postimg.cc/J09Z1HMQ/VBdfvfdv.png

The pressure from the unlocked tokens will always be there for the next years but since this token has not yet pumped to the moon and it's still worthy enough to buy the token. I can't really say this is a promising one since we have so many L2 blockchains available now.

I must call this is the potential one.

I actually read somewhere that this manta vesting schedule is better than the other token vesting schedules tbh.

Hallroom

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Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

Projects that only distribute the brokens to investors are always good value. Manta project was listed on binance some time ago then the current price is very good so you can invest in this project.

TastyChillySauce00

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Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

Overrated blockchain but since this token has not yet pumped then it's still worthy enough. The only main problem if you shall also aware with the inflation owned by this project. The circulating supply will increase with the goes of time. Becareful when investing in a project that has not yet fully unlocked.
VC will dump on your but the movement is very stagnant. The possibility for the pump to happen is still there.

Here's manta vesting schedule

The pressure from the unlocked tokens will always be there for the next years but since this token has not yet pumped to the moon and it's still worthy enough to buy the token. I can't really say this is a promising one since we have so many L2 blockchains available now.

I must call this is the potential one.

Ekanayake90

newbie

Activity: 106

Merit: 0

So everyone has positive replies about Manta which is very good. I understand the fact the one must do his own research. I actually try to research about the projects before I invest, also as a newbie I believe it is important to have a second opinion from those who are knowledgeable than me. Thanks!

Bureau

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If you are interested in MANTA then remember it is not a pump and dump project. A long term holder of this token will benefit and not a short term holder. It is providing layer 2 solution on the Ethereum blockchain and the same time it is privacy focused. You can find detailed information about what I meant by privacy focused when you visit https://manta.network/

Do remember after Dencun upgrade went live on Ethereum blockchain most layer 2 protocol will benefit as their transaction fees will reduce considerably.

shinratensei_

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manta is underrated I think it has good technology and current valuation still below $1B even though the airdrop was massive but the dumping session has been long passed.
personally I was investing when it was still sub $3 and still holding onto it to this day, but im preparing to dump my investment though since there are many projects thats upcoming with their newly released token I think
im gonna try my luck with the newer token instead.

but if you insist on investing in it then I guess you should try it I think it can reach more than $1B valuation when we are in altcoin season.
the last big pump is still waiting for us and right now is probably best time to accumulate since there is recent dumping.

batang_bitcoin

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They said so and the chart doesn't have that look that it should be dropping anytime soon. But those that are wanting to invest in it just like OP. Keep on researching more and you shouldn't just rely on asking the community if it's a good token to buy or not. Also don't get it wrong as there's the mantadao and maybe some newbies might be confused with that so please check before you buy and make sure that you have done your research before purchasing it.

bitzizzix

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Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

It looks like Manta Network is a good project that will thrive in the next bull market, and Manta Network is likely a gem of web3 innovation that might bring you profits.
And I don't know much about Manta Network, but it's a good idea to always do thorough research and invest wisely because you yourself are the one who determines the results. Even though it has the potential to be a big project, you should not be complacent by continuing to do good research before making a decision.

irsykes

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Quote from: Dunamisx on March 15, 2024, 10:46:49 AM

Quote from: Ekanayake90 on March 15, 2024, 08:59:07 AM

Hello everyone! What is your honest opinion about Manta token? Looking for some expert advice. Thanks!

Manta is a good token, if you can invest in it now and wait for some time for it to rise and perform well, for those that had invested earlier before now, they could attest to this fact on how vibrant it was performing after it launch, all you may need is to just invest and possibly wait and hold till the market surges back, then you will realized the possible potential Manta has, you can confirm this through it previous performance.

good recommendation coin manta, it is good for long term investment, but for me entering investment now is already at a high price. I hope to just wait for the bitcoin halving to finish to enter the discount market if it happens again next month. coin manta with a good concept to be in the portfolio with great potential in the future

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