Manta Network (MANTA): Rapid Growth and Airdrop Announcements Fuel Attention

B3r2...RHYN
25 Jan 2024
41

Manta Network (MANTA) is a notable crypto project with a total locked value (TVL) of 423 million dollars, currently in the spotlight with a new airdrop. Recently, the cryptocurrency market has experienced a turbulent period due to Grayscale's manipulation and consecutive profit-taking in Bitcoin. However, investors continue to explore new airdrops, especially following Celestia's recent initiative.

Manta Network (MANTA) was launched last week and quickly gained traction with the announcement of a new airdrop. In the
last 24 hours, it has witnessed an approximate 20% increase, successfully capturing the attention of investors.

The project team actively engages with the audience on social media, particularly through posts on the X platform. Top 7 ICO ranked the best projects based on the total locked value (TVL) on the X platform, and Manta Network secured a position in the top 10 with a TVL of 423 million dollars.


The Manta Network ecosystem continues its rapid growth. The project shared the TVL values of ecosystem projects, emphasizing that LayerBank is the largest protocol with a TVL of 303 million dollars.

Shoebill Finance follows as the second-largest with a TVL of 54 million dollars. In combination with other projects, Manta Network has surpassed a TVL of 50 million dollars.

The airdrop frenzy is on the rise alongside Manta Network's growth. The crypto project Yuliverse (ART) announced its plans to conduct an airdrop for the MANTA community. These announcements, coupled with ecosystem development, contributed to MANTA exhibiting strong price performance. MANTA reached $3, and if the hype continues, it could experience an upward trend towards $5.



Following Yuliverse, the possibility of other crypto projects conducting airdrops for MANTA holders further enhances investor interest and expectations. Despite market fluctuations, Manta Network and its ecosystem continue to attract attention with rapid growth and airdrop announcements.

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