Quote from: Ekanayake90 on Today at 06:06:00 AM

Quote from: bussybuddy on Today at 04:41:57 AM

Quote from: Ekanayake90 on March 15, 2024, 01:59:07 PM

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

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 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.

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.