The price of the Manta token has remained in a tight price range between $3 and $3.5 over the past few days. Although Manta found support at $3, it failed to break above $3.5. The price of the Manta token is heavily influenced by cryptocurrency market sentiment, and with the market trending downward, Manta is expected to consolidate in the price range between $3 and $3.5 before making an upward move and overcoming the
$4 resistance.
A possible breakout above $4 is possible if Manta manages to break above $3.75, which will be the initial resistance level for the asset if Manta rises above $3.5. Technically, the outlook surrounding the Manta token is neutral
.
Manta Network Price Predictions
- Forecast for the Next 24 Hours: Between $3.00 and $3.18
- Forecast for this Week: Between $2.92 and $3.32
Price Predictions for Manta Network 2024-2030
- Manta Network Price Prediction 2024: $4.07
- Manta Network Price Prediction 2025: $5.74
- Manta Network Price Prediction 2026: $8.19
- Manta Network Price Prediction 2027: $12.0
- Manta Network 2028 Price Prediction: $17.7
- Manta Network Price Prediction 2029: $26.3
- Manta Network 2030 Price Prediction: $39.4
Manta Network: Affordable Investment?
Your assessment of Manta Network as a good investment depends on your risk tolerance and individual investment objectives. However, before investing, an investor should have adequate information about the asset
.
What is Manta Network?
Manta Network is the multi-modular ecosystem for zero-knowledge (ZK) applications. It offers two networks, Manta Pacific and Manta Atlantic. Manta Pacific is the unique L2 ecosystem on Ethereum for EVM native ZK applications and provides a low-cost environment for gas fees for ZK applications. Manta Atlantic is the fastest ZK L1 chain on Polkadot and brings programmable identities and credentials
to web3 through ZksBTS.
Features of Manta Network
- Low Fees and High Scalability: Manta Pacific uses Celestia and modified OP Stack for high scalability and minimal gas fees, allowing for cost-effective ZK applications.
- Privacy and Security: ZK encryption keeps transactions and sensitive information private, protecting financial data and the user’s identity.
- Modular Design: Manta’s multi-modular architecture allows developers to choose the necessary components.
- Non-Invasive Compliance: Manta facilitates regulatory compliance through zksBTs and other tools.
- Growing Ecosystem: Manta offers a vibrant community of developers, documentation, and resources to support the construction of innovative ZK applications.
Manta Network Core Ecosystem
The core ecosystem of Manta Network includes:
- Pacific blanket
- Universal Circuits
- NPO
- POMP
- Apertures
- ZK Holdem
Manta Token and its Utilities
The MANTA token is the beating heart of the entire Manta Network ecosystem. It offers a variety of utilities on the Manta network
:
- Fees: $MANTA powers the network by paying gas fees associated with transactions such as exchanges, distributions, and zk-SNARK demonstrations.
- Governance: Holders of $MANTA tokens play a crucial role in shaping the future of the network by actively participating in the vote on governance decisions for both Manta Pacific and Manta Atlantic.
- Staking: $MANTA staking directly contributes to strengthening the overall security of the Manta Atlantic network.
- Native and Collateral Token: The $MANTA token serves a dual function within the Manta ecosystem, acting as both native and collateral liquidity.
- Settlement of Transaction Fees: Manta Atlantic uses $MANTA as its primary means of settling transaction fees within the network.
Risks Related to Investing in Manta
- Market Volatility: The cryptocurrency market is highly volatile and the price of $MANTA could fluctuate significantly.
- Early Phase: Manta Network is still under development and there is no guarantee of its success.
- Competition: The zero-knowledge testing space is becoming increasingly crowded, and Manta Network is confronted with competition from other projects.
- Technical Complexity: ZK technology is complex and there is a risk that developers may find it difficult to use Manta Network.
Manta Network Price Prediction 2024: How to Buy?
Manta Network‘s native token has already been listed on several exchanges, so the steps to buy $MANTA are similar to other cryptocurrencies. Here’s a brief overview of how to buy Manta
:
- Create an Account: on one of the stock exchanges where Manta is listed.
- Complete the Identity Verification: as indicated by the bag.
- Place an Order: through one of the payment methods provided.
Where to Buy the Manta Token?
Manta Network tokens are currently available on Binance, Bybit, Bitrue, DigiFinex, and Bitget.