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SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
SoSo Daily May 12 | Bitcoin Spot ETF saw a total net inflow of 334.58M USD yesterday, marking a 3 days of consistent inflow
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Mantle

MNT

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CPI Release is Here – Don’t Miss Out!Tomorrow’s #CPI announcement is set to shake the markets—#Bitcoin, #Ethereum, and more could see major price swings. Here’s your edge:📅 Jan 14–15 Only:- 0% Margin Interest: Trade with zero borrowing costs for 2 days.- Bonus: Trade $1,000+ to unlock a 15% OFF Cloud Mining voucher.💡 CPI directly impacts inflation expectations and crypto prices—this is your chance to profit from the volatility. Timing is key! 👉Start Trading Now: https://t.co/U6jdjGrlzx 👉Learn More: https://t.co/QFGlEi4nyL#DigiFinex
#Macro
$BTC
$ETH
DigiFinex
Jan 14, 2025
Crypto Daily QuickTake: Market bloodbath with a $733.23M liquidation today! What's next? 💥🚩 BTC.D: 58.50%, Fear & Greed Index: 61.🚨 $BTC below $91K for the first time since November, triggering $500M liquidations.📉 Bitcoin exchange reserves hit a 7-year low: 2.35M $BTC.📊 Analysts say #Bitcoin’s January dip is typical post-halving.💰 @MicroStrategy buys $243M more $BTC, totaling 450K+ $BTC.🌊 Crypto inflows hit $48M last week, while $ETH outflows surged to $256M.🚀 @justinsuntron moves 96,591 $ETH to @HTX_Global.📈 $DXY jumps to 110—last seen when the 2022 bear market began.🇸🇻 @Tether_to to move HQ to El Salvador after license approval.💸 @FTX_Official set to distribute $1.2B to creditors post-Trump inauguration.🛒 @MoonPay acquires Helio in a $175M crypto payment expansion.⚒️ Mining hardware sales in Russia triple amid ‘light-touch’ rules.🎌 @Arbitrum & @Azuki-backed Animecoin reveals tokenomics: 50% for community.🚆 Indian Railways to launch NFT tickets on @0xPolygon for MahaKumbh Mela.#Coin360 #crypto #cryptonews
#Bitcoin
$BTC
$MAG7.SSI
$ETH
COIN360com
Jan 13, 2025
Higher and higher we go. This setup is nearly perfect:✅ 360° view of the sky✅ High placement relative to landscape✅ Maximizing rangeThe Wingbits community continues to deliver - check out the Discord and start mining the skies. https://t.co/0ME5r0Ho4v https://t.co/s6WSVcsVkp
wingbits
Jan 10, 2025
Mining News in December: The largest mining pool, Foundry, announced a 27% layoff; Ethiopia's Bitcoin mining industry has risen rapidly; Luxor Technology Corporation signed a $131.4 million agreement with MicroBT; the price of Bitcoin mining machines in Shenzhen has risen sharply; The world's second largest oilfield services company announced an equity investment in Bitcoin mining company 360 Energy. Read more
#Bitcoin
$BTC
WuBlockchain
Jan 9, 2025
Monday Crypto Industry Update: Dec 30 - Jan 5 📰📊Market Highlights- Bitcoin is up by 6.3% over the last 7 days, currently at $99,400- Ethereum is currently sitting at $3,600 with a 7% increase last week- Last week’s top 3 gainers were SPX (+69%), AIOZ (+45%), and XLM (+31%), while top 3 losers were HYPE (-11%), BGB (-5%), HNT (-2%)- Crypto market’s Fear & Greed Index is at 60 Greed today- Crypto market capitalization at $3.52 trillion, up 0.91% since yesterday- Stablecoins market capitalization is up 0.66% in last 7 days, currently at $206 billion- NFT sales volume is up by 67% in the last 7 days while total sales are up by 13% with 360,717 sales- Transaction volume over the Bitcoin network more than doubled last year, with $8.7 trillions settled in 2023 and $19 trillion in 2024 over the network- XRP surpasses USDT again to become 3rd largest cryptocurrency by market capitalization🌐Blockchain Technology & Gaming- Solana devs have created a quantum-proof vault called “Solana Winternitz Vault” on Solana blockchain to protect user funds from threats by quantum computers- Crypto wallet Phantom states they won’t launch a token nor airdrop amid rumors- First vote-to-earn memecoin Flockerz $FLOCK raises $8.9 million in presale- Frax community voted to create frxUSD stablecoin backed by BlackRock’s BUIDL- FlokiDAO voted to invest in Floki ETP funding- Sonic SVM confirmed that players of its TikTok tap-to-earn game will receive a SONIC airdrop on Solana blockchain- Crypto gaming franchise Illuvium to prioritize efforts on one game at a time in 2025 with first focus on Illuvium Arena- Telegram to let users convert digital gifts into NFTs on TON network using Telegram Stars📃Regulatory Updates- Terraform labs co-founder Do Kwona appeared before US judge and pleaded not guilty- Bitcoin mining company Hive Digital moves HQ from Vancouver, Canada to Texas, U.S, citing supportive crypto climate under Trump- Korea’s Jeju Island will start using NFT tourist cards in H2 2025 to attract youth and crypto owners💰Investments & Partnerships- VCs are eyeing stablecoin products, real-world asset (RWA) tokenization, AI and infrastructure in 2025 with crypto VC investment outperforming most tech sectors- Digital asset brokerage firm FalconX has acquired crypto derivatives platform Arbelos Markets- Crypto funding reached $13.6 billion in 2024, projected to hit $18 billion in 2025🛡️Crypto Security- According to CertiK, phishing scams were the biggest crypto security threat in 2024, totaling over $1 billion for attackers across 296 incidents- Last year also saw a spike in ransomware, kidnappings and extortion in crypto🗞️Miscellaneous- MicroStrategy is seeking $2 billion raise through perpetual preferred stock offering to buy even more Bitcoin in Q1 2025- Metaplanet wants to hold 10k BTC, which means buying more than 8k BTC as they currently hold 1,762 BTC- Odds of US Solana ETF listing at 77% according to VanEck’s Matthew Sigel- Predictions claim that AI agent tokens will continue to outperform memecoins in 2025***Have a successful week ahead!🤝
#Bitcoin
$BTC
$ETH
$ILV
swapincom
Jan 6, 2025
Crypto weekly recap: 2024's top crypto stories to recall 👇📰 Top 12 crypto stories of 2024: $BTC 4th halving, $100K milestone, ETF approval, and more.📊 @BitwiseInvest proposed a #Bitcoin ETF targeting companies holding over 1,000 BTC, boosting corporate crypto integration.🇷🇺 Russia accepted Bitcoin for international trade to sidestep sanctions amid mining restrictions.💰 #DeFi tax rules from IRS demand platforms disclose user details, sparking privacy concerns.🪙 @MicroStrategy’s Bitcoin holdings hit 444,262 $BTC, showcasing aggressive investment strategies.🔒 @HyperliquidX reassured users of fund safety despite significant outflows amid security fears.👩‍💻 Women lead the blockchain gaming revolution, becoming key players in crypto’s future: @PanteraCapital.🚀 @bitgetglobal $BGB spiked 93.85% weekly, leading weekly altcoin gainers amid market fluctuations.Top gainers:$BGB (+93.85%)#VIRTUAL (+35.32%)$MOVE (+27.54%)$PENGU (+25.17%)$GT (+25.73%)Top losers:$APT (-17.54%)$ENA (-16.00%)$ONDO (-15.93%)$FTM (-10.64%)$HYPE (-9.21%)#Coin360 #crypto #cryptonews
#Bitcoin
$BTC
$MAG7.SSI
$BGB
COIN360com
Dec 27, 2024
Halliburton ($HAL), the second largest oilfield services business in the world, has invested in oilfield bitcoin mining company 360 Energy via its research and development arm, Blockspace has learned. It means that oil and gas companies partner with bitcoin miners to monetize stranded gas.
#Bitcoin
WuBlockchain
Dec 21, 2024
🥳Spot Sale of ANTMINER L9⬆️High Hashrate for Multi-currency Mining☀️16G ☀️3,360W ☀️210J/G⏳Sales start on Dec. 17, 9:00AM(EST)⚠️Limited Stock Available! https://t.co/7IgSCpDb0r
BITMAINtech
Dec 17, 2024
Nano Labs Expands Bitcoin Holdings and Launches New Mining Products
#Bitcoin
$BTC
CoinGape
Dec 12, 2024
🎯 New Quest Alert – Stake Now, Unlock Free Mining for Months!Ready to maximize your $CELA? Dive into our Quests --> Staking and enjoy massive Free Charging Fee Coupons based on your staking amount and duration.✨ Stake ≥10,000 $CELA for 360 days and enjoy a massive 380 days of charging at no cost✨ Short on time? Stake for 30 days and still grab up to 60 free Charging Fee CouponsDon’t wait. Stake now and turn your stake into ultimate savings and gains!📖 Read more: https://t.co/i1qBkYfTBU#Cellula #Staking #Quests
#DeFi
cellulalifegame
Dec 12, 2024
📢Bi-weekly Lnfi Network Updates 9 Dec 🟢LN Exchange BTC-USDT perpetual contract surpassed 20,000,000 USDT 24H trading volume 🟢LN Exchange TREAT-M perpetual contract smashed 360,000,000 mark 24H trading volume. 439% of its total circulation supply. 🟢LN Bridge Rewards officially ends on 1 Dec 2024. 🟢LN Exchange Price Oracle service release latest update Tapd v0.5.0 🟢LN Exchange Community AMA held on 6 Dec 🟢LN Points system upgraded. User’s LN Points are now updated in real-time. Referrer’s LN Points are updated daily for now. (will eventually be real-time updates) Completed Development 🟢Referral program launch 🟢Lnfi Community Partner program launch 🟢Trading Bonus Voucher feature launch 🟢Modify LN points system - TREAT-M LN points can be updated in real-time 🟢Bridge rewards compute and pending distribution 🟢Lock Assets rewards compute and pending distribution 🟢Channel Mining rewards compute and pending distribution 🟢Modification and optimizing perpetual trading experience In Progress (Lnfi Network) ⚒️Taproot Asset deposit and withdrawal in Lnfi ⚒️LN Node function optimization, exploring and developing new features ⚒️Support development and testing of new Bridge feature In Progress (LN Exchange) ⚒️Optimize and enhance user experience of LN Exchange ⚒️Design new deposit and withdraw features ⚒️Exploring new features
#DeFi
$USDT
LnfiNetwork
Dec 10, 2024
Bit Deer November Mining News: Deutsche Telekom Enters Mining, Bhutan Holds Large Amounts of Bitcoin, Russia Improves Mining Tax Framework, etc.
#Bitcoin
$BTC
吴说
Dec 8, 2024
🚀 NFT Turbo Pool💎 How to Enter:To join, you’ll need a complete set of NFTs (α, β, γ). Choose your mining cycle, then start earning stable returns.📊 Annualized Returns:7 days: 0.3% daily, ~109% annual30 days: 0.3782% daily, ~138% annual90 days: 0.5822% daily, ~213% annual180 days: 0.8882% daily, ~324% annual360 days: 1.5% daily, ~540% annual⚡ Exit Mechanism:No forced exit during the cycle. Wait until the period ends to settle rewards.#SocialFi #AI #memecoin #Match #RFG
#SocialFi
Match_SocialFi
Dec 2, 2024
SoSo Daily Nov 30 | Ethena and Securitize Promote USDtb Stablecoin for Spark's $1 Billion Tokenization Competition
$BTC
$ETH
SoSo Newsletter
Nov 30, 2024
SoSo Daily Nov 29 | Bithumb will launch the VIRTUAL Korean Won trading pair.
$BTC
$ETH
SoSo Newsletter
Nov 29, 2024
Bitdeer announces the issuance of $360 million in convertible senior notes.
#Fundraising
吴说
Nov 22, 2024
Bitdeer announces the issuance of $360 million in convertible senior notes.
#Fundraising
PANews
Nov 22, 2024
🚀 RFG Staking: A Game Changer in the Meme Ecosystem!💰 Staking RewardsRFG offers both flexible and fixed staking options with impressive APYs: 🔹 Flexible Staking: 15.22%🔹 Fixed Staking: 20% for 60 days 30% for 90 days 45% for 180 days 65% for 360 days🔥 Higher Than Industry StandardsFor comparison, ETH’s staking yield is only 4%, while most major crypto projects offer under 10%! RFG’s returns are leading the meme ecosystem.💎 Liquidity MiningRFG LP liquidity mining also shines with a 119.17% APY .#Match #RFG #SocialFi #MatchNFT #AI #Memes
#SocialFi
Match_SocialFi
Oct 20, 2024
Tokenlon has completed phase 32 of LON trade mining on 14th Oct 2024 (UTC+8), with a total volume of $479,306,195.6, total revenue of $800,360.0658 and bought back 493,051.15 LON with $453,526.49. https://t.co/Clek1woOz9 https://t.co/EYwBCTVwQH
#DeFi
$LON
tokenlon
Oct 17, 2024
⚡️ "Bitcoin mining is destroying the planet?" Think again. The heat from Bitcoin mining is revolutionizing the energy game—heating homes, pools, and businesses without creating extra emissions.🔥 You’ve heard the myths, now see the reality.👉 https://t.co/Lf5xC3b2fB https://t.co/CoY7nRgPja
#Bitcoin
$BTC
HashlabsMining
Sep 30, 2024
MantleGoogle Search Trends
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MantleGitHub code submission status
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Mantle Basic
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Mantle Info

White paper
white paper
Website
mantle.xyz
Contracts
Ethereum:0x3c...f354
Explorers
etherscan.io
ethplorer.io
mantle.xyz
mantlescan.xyz
Community
Twitter
Telegram
Discord
Source code
github.com
Sector
Layer2,CeFi
First issue time
Jun 20, 2023
Significant Events
  • Jun,2024
    Mantle released several new products, including the Metacene metaverse gaming platform and the IntentX trading platform, with plans to deploy more community-driven projects.
  • Mar,2024
    Mantle introduced the Mantle Rewards Station platform and launched the first Ethena Shards staking event, further incentivizing user participation.
  • Feb,2024
    Mantle launched the v2 Tectonic upgrade, introducing EIP-1559 to optimize transaction fees and adding meta-transaction capabilities to enhance user experience and network performance.
  • Nov,2023
    BitDAO merged with the Mantle Network, consolidating governance, funding, and technology. This merger also marked the beginning of the rebranding of the native token BIT to Mantle ($MNT).
  • Jun,2023
    The Mantle mainnet officially went live and established its first Remote Procedure Call (RPC) connection with Ankr. At the same time, it announced a partnership with EigenLayer, adopting EigenDA as its data availability solution.
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Mantle Team

Cooper Midroni
Product and marketing
Francesca Tay
Marketing and saling
Organizations
Mantle Ecosystem
Mass adoption of decentralized & token-governed technologies
Mantle Devs
Devs organization of Mantle
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Mantle Intro

Mantle is a high-performance Ethereum second-layer network built with a modular architecture that offers low fees and high security. Builders can take advantage of Mantle's unique design to build dApps with a superior user experience while relying on Ethereum's unparalleled security. Mantle is a product of BitDAO, managed by the $BIT community.

The BitDAO community developed Mantle to create a user-friendly network that fulfills its vision of expanding Web3 adoption. The idea was proposed by Ben Zhou, CEO of Bybit and other prominent members of the crypto community such as Sreeram from EigenLayer, Dow Jones and Cooper Midroni) became a reality. From 2022 to 2023, DAO decided to build an L2 to solve the existing expansion problems of Ethereum.

Mantle adopts a modular solution and uses Eigenlayer as a DA (data availability) solution to avoid publishing transaction data on the ETH main network, which means that Mantle enjoys the security of ETH while avoiding transactions on ETH, providing new scalability possibility.

In December 2022, BitDAO launched the modular Ethereum Layer 2 network Mantle, and then in January 2023, Mantle launched the test network. At the end of February 2023, Mantle's new proposal proposes to establish a $200 million Web3 Ecological Fund, and in May 2023, BitDAO will merge with Mantle Network. Until recently, on August 28, 2023, Mantle Network plans to provide $238 million worth of liquidity support for ecological applications, RWA stablecoins, and cross-chain bridges. The network is still under construction.

In 2024, Mantle Network achieved significant milestones, including the Mantle v2 Tectonic upgrade, which introduced EIP-1559 support for better fee optimization and enhanced network performance. Mantle also launched new ecosystem products like the Mantle Rewards Station, where users can earn Ethena Shards through $MNT staking. The Mantle EcoFund continued to support emerging projects, including IntentX and Metacene, while Mantle engaged the community through events such as ETHDenver and ETHVietnam. The network plans to expand further by launching a Metaverse gaming platform and various community-driven initiatives.

Above are only for introduction, not intended as investment advice.

Mantle Unlock & Allocation
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Mantle Timeline

Circulating
3.17B

Mantle Token unlock

Unlocked: 51.02%(3.17b)
TBD locked: 48.98%(3.05b)
Total Locked: 0.00%
Untracked: --

Mantle Token allocation

Circulating:51.0%(3.17b)
Mantle Treasury:49.0%(3.05b)

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ETC$19.78 -0.75%NEO$7.29 +3.85%MATIC$0.254 -0.78%CFX$0.0973 -0.92%MINA$0.287 -1.51%MKR$1788 -2.61%

Mantle Price Live Data
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The live Mantle price today is $0.8023 USD with a 24-hour trading volume of 373,883,437 USD. We update our Mantle to USD price in real-time. Mantle is +0.24% in the last 24 hours. The current SoSoValue marketcap ranking is # 45, with a live market cap of $ 2,699,494,303 USD. It has a circulating supply of 3,364,694,382 MNT coins and a max supply of 6,219,316,794 MNT coins.
Learn more about Mantle

Mantle In-depth Report Generated by AI - For further details, please review:

https://alpha.sosovalue.xyz/trade/MNT-USDT-BINANCE

1)What is MNT?

Mantle (MNT) is an Ethereum-scaling Layer 2 technology and the primary product of the Mantle Ecosystem. Its unique architecture allows for enhanced performance and faster transaction finality. Governed by a DAO, key decisions are made by MNT holders, with notable early contributions from jacobc.eth and Ben Zhou. MNT tokens, with a total supply of 3.17 billion, are used for transaction fees, ecosystem growth, and governance. Mantle Network partners with EigenLayer for security and is available on various exchanges. Key initiatives include the Mantle Grants Program and Mantle EcoFund to support new projects.

2)Which sector does MNT belong to?

Mantle (MNT) belongs to the Layer 2 (L2) sector in cryptocurrency. This sector is focused on improving the scalability, speed, and overall efficiency of existing blockchains, primarily Ethereum. The L2 technology addresses the limitations of traditional blockchains like Bitcoin and Ethereum, particularly in terms of transaction speed and cost, which are crucial for everyday applications and DApp performance. By facilitating a large volume of transactions through off-chain or more streamlined processes, L2 solutions help alleviate network congestion and reduce transaction costs on the main blockchain. The current situation and development prospects of the Layer 2 sector are as follows:

Current Trends:

  • L2 projects have been gaining significant momentum due to issues like high gas fees and slow transaction speeds on Ethereum.
  • There has been a continuous increase in the amount of Ether spent on Layer 2 activities, indicating a growing trend and widespread adoption.
  • The popularity of L2 solutions has been on the rise, with significant progress in recent years. Projects like Polygon, Arbitrum, Optimism, Immutable X, and dydX are among the notable L2 crypto projects shaping the future of blockchain technology.

Challenges:

  • Despite the progress, L2 projects face scalability issues as they attempt to increase transaction speed and efficiency.
  • Security concerns are also prevalent due to vulnerabilities associated with the primary blockchain.

Future Prospects:

  • The proliferation of Ethereum Layer 2 networks and the rise of zero-knowledge cryptography are some of the leading trends.
  • With the success of Ethereum's transition to proof-of-stake, Layer 2 solutions are seen as key to scaling Ethereum and avoiding high gas fees.
  • The fast-paced development of Layer 2 blockchains atop Ethereum, aiming to provide venues for cheap and easy transactions, is a notable trend. This includes new launches and plans for Layer 2 networks by major crypto exchanges.

Interoperability is another theme gaining momentum, suggesting that these networks might eventually be interconnected, which could create a more complex but versatile blockchain ecosystem.

3)What is tokenomics of MNT (includes allocation and supply schedule)?

Token MNT was launched in Jun 2023. The initial supply is 6.2 billion, the current circulation is 3.12 billion, the circulation accounts for 50%, the market value is 1.71 billion US dollars, and the FDV is 3.4 billion US dollars. The token is currently close to its issuance price. The tokenomics of Mantle (MNT), represented by $MNTL, are designed to support the AssetMantle ecosystem:

Token Allocation

  • The total supply at genesis is 300 million tokens.
  • Distribution aims to create sustainable growth and involve the community, which governs 50% of the supply.
  • Allocation includes 35% to the Foundation, 10% to the Team, 5% to Strategic Partners, 30% to the Community Treasury, and 20% to MantleDrops.

Utility:

  • $MNTL functions as a governance and staking token.
  • It is used in the MantlePlace (NFT marketplace) for transactions like minting, trading, royalties, and fees.
  • Initially, it will support activities like genesis creator bootstrapping, liquidity provision, and NFT minting/trading through rewards and airdrops.

Release Schedule:

  • At genesis, 26% (78 million $MNTL) of the supply was circulating.
  • The release schedule includes various locking and vesting periods for different allocations, like immediate unlocks for some portions and up to 36 months of vesting for others.

Supply and Rewards Distribution:

  • The supply follows an inflationary schedule with halving every two years.
  • Starting with a 75% inflation rate, the $MNTL is projected to reach a maximum supply of 6 billion over 20 years.
  • Staking rewards incentivize token holders to secure the network.

4)What about the team and the investors of MNT?

Team Behind MNT

Mantle Network (MNT) is a Layer-2 technology stack designed for scaling Ethereum. It's part of the Mantle Ecosystem, which aims for widespread adoption of decentralized and token-governed technologies. The team behind Mantle Network comprises 25 dedicated individuals, including notable figures like Arjun Krishan Kalsy, an expert in web3 and Ethereum scaling, and Joshua Lapidus, a senior DAOplomat at Mantle. The strategic direction of Mantle Network is influenced by advisors such as Ben Zhou, CEO and co-founder of Bybit, Jacobc.eth, founder of Game7 and HyperPlay, and Jordi Alexander, a strategic advisor to Mantle.

Funding History

Regarding its funding history, Mantle Network is a product of BitDAO, which is operated by the $BIT community. BitDAO was launched in June 2021 and raised $230 million in a private funding round, with significant contributions from notable investors such as Founders Fund, Pantera Capital, and Dragonfly Capital. Additionally, Mantle proposed a substantial $200 million Web3 fund, with half of this amount coming from BitDAO's treasury and the remaining $100 million sourced from external matching capital provided by strategic venture partners. Furthermore, Mantle Network has proposed allocating $238 million to promote its ecosystem development.

5)What is the development history of MNT?

Significant Milestones in MNT's Development(updated to 2023)

1. Testnet Launch:Mantle Network's Testnet went live on January 10, 2023. This marked the beginning of a critical phase in the development of the network, focusing on improving technology and growing the ecosystem.

2. Testnet Performance:During its six-month testnet phase, Mantle Network processed over 14 million on-chain transactions, saw more than 140,000 smart contracts deployed, and connected with over 690,000 unique wallet addresses. This period was crucial for demonstrating the stability and performance of Mantle Network's modular tech stack, which includes the Mantle DA powered by EigenDA technology.

3. Community Engagement:Mantle Network placed significant emphasis on engaging the developer community. This included hosting over 20 hackathons with more than 400 project submissions on the testnet. Mantle also created educational content like blogs and videos to explain blockchain development and Solidity concepts.

4. Grants and Funding:The Mantle Grants Program was introduced to support builders deploying their dApps on Mantle Network. Over 50 teams were selected for deployment on the mainnet. Additionally, the Mantle EcoFund, with a capital pool of $200 million, was established to accelerate the growth of the Mantle Ecosystem.

5. Mainnet Alpha Launch:The Mantle Network Mainnet Alpha was launched on July 17, signaling a new phase in the project's development. The mainnet alpha aims to bridge the gap between builders and users in the web3 space.

6)What is the progress and future roadmap of it?

Future Roadmap and Developments

To foster its ecosystem, Mantle has implemented various strategies. The Mantle Grants Program and Mantle EcoFund, with a capital pool of $200M, support builders in deploying their dApps on the Mantle Network. Over 50 teams have been selected to deploy their dApps on the mainnet. Mantle's approach to ecosystem building includes active management of the ecosystem, focusing on the interoperability of protocols, and offering comprehensive support to developers and dApps. This includes hosting hackathons, creating educational content for developers, and maintaining a strong partnership with top exchanges and institutions. Mantle's future initiatives are geared towards enhancing user engagement and ecosystem growth. Upcoming projects include the Mantle Journey, an incentive program aimed at rewarding user activities within the ecosystem, and the Citizens of Mantle NFT collection, which will offer rewards and benefits to engaged community members. Additionally, Mantle plans to launch a liquid staking protocol, Mantle LSD, on the Ethereum Mainnet, which will leverage synergies with the Mantle Network and provide operational advantages for the ecosystem. The community plays a central role in Mantle's development, with critical decisions being made through community votes. This includes decisions about the Mantle Network's budgets, EcoFund structure, and tokenomics revisions. Mantle also introduced a public treasury monitor and a delegated voting system to enhance transparency and decentralized governance.

7)List all important links related to MNT

Mantle Network's Official Website:

https://www.mantle.xyz/

Documentation and Technical Details:

https://docs.mantle.xyz/

Mantle Grants Program and EcoFund Details:MIP-24:

https://snapshot.org/#/MIP-24

Forum Discussion on Mantle's On-Chain Treasury:

https://forum.mantle.xyz/

Social Media and Updates:

https://linktr.ee/mantle

8)Bullishness index for this token from the perspective of token valuation and future potential from Chatgpt 4

The valuation and future prospects of Mantle (MNT) as of 2023 are shaped by several predictions and analyses:

Short-Term Predictions and Current Valuation:

  • As of December 2023, Mantle's price is around $0.548839, with a prediction of a slight decrease to $0.538376 by December 7, 2023. The sentiment is predominantly bullish, with a Fear & Greed Index at 74 (Greed), indicating a positive market outlook. The volatility stands at 8.93%, and Mantle recorded 60% green days over the last 30 days.
  • Mantle's price is positively correlated with major cryptocurrencies like Bitcoin (BTC), Maker (MKR), and Ethereum (ETH), and negatively correlated with others like Bitcoin Cash (BCH) and TRON (TRX).

Long-Term Price Predictions (2024 - 2030):

  • The yearly low and high price predictions for Mantle from 2024 to 2030 suggest a gradual increase in its value. For instance, in 2025, the price is predicted to range between $0.640696 and $1.185058, which would represent a significant gain from its current price. By 2030, Mantle's price is forecasted to be between $1.048932 and $1.327659.
  • Another analysis indicates that Mantle could reach its all-time high (ATH) of $0.59 in 2023, with potential highs of $1.12 in 2023, $2.06 in 2024, $2.69 in 2025, and a peak of $8.34 in 2030.

Prospects for Mantle (MNT):

  • Mantle's increasing popularity in the cryptocurrency market is a positive sign for its long-term prospects. Its innovative technology and use case in the blockchain ecosystem are key factors driving this optimism. There is speculation that Mantle Coin could reach a value of $10 by the end of the decade, reflecting a substantial growth potential.
  • The Mantle Network offers a variety of services for programmers, and its market valuation rapidly climbed into the top 50 cryptocurrencies after its release. This rapid ascent demonstrates the potential for future growth, particularly given the cutting-edge technology and appeal among cryptocurrency investors.
Mantle
MNT
#45
$0.8023
+0.24%
Total dollar volume24H
$373,883,437
High24H
0.8374 USDT
Low24H
0.7813 USDT
Market Cap
#45$2,699,494,303
FDV
$4,989,757,864
Market Cap / FDV Ratio
0.54
Turnover rate
13.85%
Circulating supply
3,364,694,382
Total supply
6,219,316,794
Max supply
6,219,316,794
All time high
1.5147 USDT
All time high date
Apr 08, 2024
Down from All time high
-47.03%
Cycle low
0.4687 USDT
Cycle low date
Aug 05, 2024
Up from cycle low
71.18%
Contracts
Ethereum:0x3c...f354
Official links
Website
White paper
Socials
Twitter
Telegram
Discord
Introduction

Mantle is a high-performance Ethereum second-layer network built with a modular architecture that offers low fees and high security. Builders can take advantage of Mantle's unique design to build dApps with a superior user experience while relying on Ethereum's unparalleled security. Mantle is a product of BitDAO, managed by the $BIT community.

The BitDAO community developed Mantle to create a user-friendly network that fulfills its vision of expanding Web3 adoption. The idea was proposed by Ben Zhou, CEO of Bybit and other prominent members of the crypto community such as Sreeram from EigenLayer, Dow Jones and Cooper Midroni) became a reality. From 2022 to 2023, DAO decided to build an L2 to solve the existing expansion problems of Ethereum.

Mantle adopts a modular solution and uses Eigenlayer as a DA (data availability) solution to avoid publishing transaction data on the ETH main network, which means that Mantle enjoys the security of ETH while avoiding transactions on ETH, providing new scalability possibility.

In December 2022, BitDAO launched the modular Ethereum Layer 2 network Mantle, and then in January 2023, Mantle launched the test network. At the end of February 2023, Mantle's new proposal proposes to establish a $200 million Web3 Ecological Fund, and in May 2023, BitDAO will merge with Mantle Network. Until recently, on August 28, 2023, Mantle Network plans to provide $238 million worth of liquidity support for ecological applications, RWA stablecoins, and cross-chain bridges. The network is still under construction.

In 2024, Mantle Network achieved significant milestones, including the Mantle v2 Tectonic upgrade, which introduced EIP-1559 support for better fee optimization and enhanced network performance. Mantle also launched new ecosystem products like the Mantle Rewards Station, where users can earn Ethena Shards through $MNT staking. The Mantle EcoFund continued to support emerging projects, including IntentX and Metacene, while Mantle engaged the community through events such as ETHDenver and ETHVietnam. The network plans to expand further by launching a Metaverse gaming platform and various community-driven initiatives.

Above are only for introduction, not intended as investment advice.

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