Post
Topic
Board Altcoin Discussion
Re: Is Manta a promising project?
by
ije07
on 13/08/2024, 20:23:40 UTC

No guarantee if bullish season will push the price of manta to go up. I think you can take a look at the market now. Altcoins seem to be going their separate with bitcoin. And my reason is, bitcoin has touched new ATH, and there were only a few altcoins that managed to reach a new ATH.

But rest was just getting stuck like MANTA. I repeat it, once again, MANTA is not likely able to move up again. We have yet to see a lot of tokens owned by early investors to be distributed to the market.

I think manta is gonna be doomed again.

If we look at the Manta token, it has reached 2 times ATH during its launch, the first ATH when it was launched and the second ATH when Bitcoin touched a new ATH last March and when Bitcoin got a correction, altcoins were unable to keep up with it so they fell very deep even though the decline in Bitcoin was only temporary, but the Manta token continues to experience a significant decline until now, the biggest possibility is that later if Bitcoin increases to 70k, the Manta token could also follow the flow and its price could strengthen to $ 1, so it is not wrong if we can set aside to enter now on the Manta token.