Manta Network Price
(MANTA)
USD($)
Manta Network (MANTA) Live Price Chart
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Manta Network Live Price Data
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Manta Network(MANTA) Profile
Rank113
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Website
Documentation
Contract
Manta Pacific 0x95CeF1...4E5
Audited By
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Investors
Alameda ResearchCMS HoldingsSpartan GroupPolychain CapitalDefiance CapitalZee Prime CapitalDivergence VenturesCoinFundRarestone CapitalLongHash VenturesDigital Finance GroupTitans VenturesArk Stream Capitala41 VenturesAdvanced Blockchain AGDeFi AllianceSanctor CapitalPAKA
$0.9067
$0.9815
$4.0800
+0.26%
+7.21%
-5.48%
$358.44M
$152,757
373,589,205
1B
About MANTA
How can I buy Manta Network (MANTA)?
What Is Manta Network (MANTA) Crypto?
Manta Network (MANTA) is an innovative blockchain platform that focuses on providing privacy and scalability solutions for decentralized applications (dApps) on Ethereum. It achieves this through the use of zero-knowledge proofs, a cutting-edge cryptographic technique. Manta Network is notable for its two distinct layers:
1. Manta Pacific (Layer 2 on Ethereum)
This layer is designed for Ethereum Virtual Machine (EVM)-native Zero-Knowledge (ZK) applications. It uses Celestia for data availability and zkEVM for scalability, offering features like Universal Circuits to simplify the development of ZK applications using Solidity. Manta Pacific is known for its modular structure, which aids in scalability and maintaining low gas fees.
2. Manta Atlantic (Layer 1 on Polkadot)
This layer focuses on ZK compliance credentials and introduces zkSBTs (Zero-Knowledge Simple Barter Tokens), enabling a private, reusable, and auditable address system known as zkAddresses. Manta Atlantic is recognized for its interoperability capabilities, facilitating smooth interactions with other projects.
Manta Network stands out for its modular approach, which helps in reducing gas fees and providing a fast infrastructure. It's designed to be developer-friendly and app-agnostic, allowing developers flexibility across chains and environments, including mobile apps. Manta Network's technology is suitable for a wide range of applications, from DeFi to gaming to social apps.
In terms of its economic model, Manta Network has introduced a new approach in the Layer 2 Ethereum ecosystem, focusing on advanced yield generation. This model includes diversified yield sources, strategic partnerships, token rewards, and an engaging NFT framework.
How Does Manta Network Work?
Manta Network operates through a distinctive two-pronged approach, each tailored to address specific needs in the Web3 development landscape:
Manta Pacific (Ethereum Layer-2): This segment of Manta Network is designed specifically for EVM-native Zero-Knowledge (ZK) applications. It leverages Celestia for data availability and a modified version of zkEVM for enhanced scalability. Manta Pacific's standout features include:
> Universal Circuits: These circuits simplify the development of ZK applications using the Solidity programming language.
> Modular Structure: This structure ensures scalability while keeping gas fees low, which is crucial for the efficient operation of dApps.
> Developer-Centric Tools: Manta Pacific provides Software Development Kits (SDKs) and proof keys that facilitate the easy integration of on-chain identity in dApps, making the network accessible and user-friendly for developers.
Manta Atlantic (Layer 1 on Polkadot): This layer focuses on ZK compliance credentials and introduces a new concept called zkSBTs (Zero-Knowledge Simple Barter Tokens). These tokens enable a private, reusable, and auditable address system, termed zkAddresses. Key features of Manta Atlantic include:
> Interoperability: It allows for seamless interactions with other projects without the need for complex cryptographic processes.
> Support for Various Applications: Manta Atlantic is adaptable for a range of applications, including zkNFTs, staking, and various ecosystem projects.
Together, these two layers integrate advanced cryptographic solutions with user-friendly developer tools, enhancing the security, scalability, and accessibility of blockchain technology for the burgeoning Web3 domain. The network's approach is centered around maintaining user privacy and control over their identity and transaction history in a compliant and cost-effective environment, leveraging the power of zero-knowledge cryptography.
When Was Manta Network (MANTA) Coin Launched?
Manta Network was established in 2020 by Victor Ji, Shumo Chu, and Kenny Li, and is a venture of P0x Labs. It has attracted significant investment from top entities in the web3 sector, such as Binance Labs and Polychain Capital, and is supported by prestigious accelerators in the web3 domain.
In 2023, Manta Network raised $25 million in a Series A funding round led by Polychain Capital and Qiming Venture Partners, increasing its valuation to $500 million. The company launched the Manta Pacific testnet, a crucial step in developing its ecosystem, focusing on Zero-Knowledge (ZK) applications. The testnet integrates with Celestia's data layer and Optimism's OP Stack to foster ZK product adoption. Manta Pacific, the first EVM-native modular execution layer, simplifies ZK application development and enhances scalability while reducing gas fees.
Manta Atlantic, the Layer 1 solution, has a significant user base, with its NPO platform minting over 300,000 zkSBTs and its wallet installed over 200,000 times. The testnet features various zkApps, and with Qiming Venture Partners' backing, Manta Network plans to expand into Asian markets.
How to Use MANTA Token
MANTA is the native token of the Manta Network and has the following use cases:
1. Governance
Holders of MANTA tokens have the right to vote on proposals that shape the future of the Manta Network, such as:
> Deciding on network upgrades and feature implementations
> Approving the use of treasury fund
> Setting parameters for network fees and rewards
> Electing members of the Manta Council (governance body)
2. Staking MANTA on Manta Network
Users can stake MANTA tokens to secure the network and earn rewards in return. This involves locking up tokens to validate transactions and maintain consensus, ensuring network security and integrity.
Staking rewards are distributed proportionally to the amount of MANTA staked, providing an incentive for users to participate in governance and contribute to network stability.
3. Paying Fees on Manta Network
MANTA tokens are used to pay for various fees within the Manta Network, such as:
> Transaction fees for using Manta's privacy-preserving features (e.g., private transfers and private swaps)
> Fees for deploying smart contracts on Manta
> Fees for using Manta's decentralized exchange (DEX)
4. Trade MANTA on KuCoin
Trade Manta Network crypto on the KuCoin Pre-Market or KuCoin Spot Market against other digital assets to make the most of changing market conditions and volatility. Buy or sell MANTA or hold it long-term if you believe in the future potential of the Manta Network project. Remember to undertake trading decisions in the crypto market only after you DYOR.
Manta Network (MANTA) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0616 | 6.76% |
| 7 Days | $-0.0636 | -6.14% |
| 30 Days | $-0.031 | -3.09% |
| 3 Months | $-0.7672 | -44.15% |
24H Investment Barometer
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Risk warning：Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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FAQ
How much is 1 Manta Network (MANTA) worth?KuCoin provides real-time USD price updates for Manta Network (MANTA). Manta Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MANTA to USD exchange rates.
Is Manta Network (MANTA) a Good Investment?
Here are some of the advantages associated with investing in Manta Network:
1. Innovative Layer-2 Technology: Manta Network focuses on privacy and scalability, two critical aspects of blockchain technology. Their use of zero-knowledge proofs (ZKPs) to enhance privacy and scalability is at the forefront of blockchain innovation.
2. Growing Manta Network Ecosystem: Manta Network has been developing a diverse ecosystem, including various dApps and strategic partnerships, which could contribute to the network's growth and utility.
3. Blockchain Interoperability and Flexibility: Manta Network's architecture, designed for interoperability across different blockchain platforms, can be a significant advantage in the evolving crypto space where cross-chain functionality is increasingly important.
4. Backing from Major Investors: The network has received support and investment from notable entities in the blockchain space, which might be seen as a vote of confidence in its technology and potential.
5. Potential for Adoption in DeFi and Privacy-focused Applications: As DeFi continues to grow, there's an increasing demand for privacy-preserving solutions, which is the primary focus of Manta Network.
6. Potential First-Mover Advantage in ZK Space: Being one of the early adopters in the ZK technology space might give Manta Network a competitive edge as this technology becomes more mainstream in blockchain solutions.
7. Focus on Real-World Use Cases: Manta Network's approach to solving real-world problems through its technology could drive broader adoption and increase the $MANTA token's utility.
What Is Manta Network Price Prediction?
Due to the volatility in the crypto market, it is challenging to provide a precise MANTA price prediction over any timeframe. However, the following factors could help you understand the price movements in the Manta Network token:
1. Market Demand and Supply of MANTA Tokens: The basic economic principles of demand and supply significantly influence the Manta Network price. Increased demand with limited supply typically leads to appreciation in the MANTA price, and vice versa.
2. Overall Crypto Market Trends: The broader cryptocurrency market trends often impact individual crypto assets. Bullish or bearish trends in the market can affect the price of MANTA.
3. Future Developments in the Manta Network Roadmap: Advancements and updates in Manta Network’s technology, such as new features, improvements in scalability and privacy, or successful implementation of roadmap goals, can positively impact the MANTA token price.
4. Manta Network’s Partnerships and Integrations: Strategic partnerships with other blockchain projects, companies, or the integration of Manta Network's technology into new platforms can boost investor confidence and affect the $MANTA price.
5. Investor Sentiment: Investor perception and sentiment, often driven by news, social media, and market analysis, play a crucial role in the MANTA crypto movements.
6. Manta Network Performance and Security: The security and performance of the Manta Network, including how it handles privacy and scalability, can influence investor trust and Manta Network token value.
How to Claim Manta Network Airdrop
To claim the Manta Network (MANTA) airdrop, you'll need to follow a series of steps. It's important to note that eligibility for the airdrop includes various groups such as Manta Atlantic early supporters, active zkApp users, MantaFest participants, and others. Here's a general overview of the steps:
1. Check Your Eligibility: First, you need to visit the Manta Network eligibility checking page. There, you can connect your Manta Pacific wallet and/or Polkadot wallet.
2. Connect and Continue: After connecting your crypto wallet, click on “Continue” to proceed.
3. Claim Your Tokens: If you are eligible, you will see the MANTA tokens that you can claim. The specific categories of eligible users include Manta Atlantic early supporters, active zkApp users, MantaFest participants, among others.
4. Await the Claim Date: The actual claim of the airdrop will be available at a later date. It's recommended to follow Manta Network’s social channels for the latest updates.
5. Additional Opportunities: Manta Network is also offering MANTA airdrop for TIA stakers when the claim goes live.
You must stay updated with Manta Network's official announcements for the most accurate and timely information, as the steps and eligibility criteria might change. Additionally, always exercise caution and ensure you're following the official procedures to avoid scams or fraudulent sites.
What is the all-time high price of Manta Network (MANTA)?
The all-time high price of Manta Network (MANTA) is $4.0800. The current price of MANTA is down 0.76% from its all-time high.
What is the all-time low price of Manta Network (MANTA)?
The all-time low price of Manta Network (MANTA) is $0.7301. The current price of MANTA is up 0.33% from its all-time low.
How much Manta Network (MANTA) is there in circulation?
As of 7 27, 2024, there is currently 373,589,205 MANTA in circulation. MANTA has a maximum supply of 1B.
What is the market cap of Manta Network (MANTA)?
The current market cap of MANTA is $358.44M. It is calculated by multiplying the current supply of MANTA by its real-time market price of $358.44M.
How do I store Manta Network (MANTA)?
You can securely store your Manta Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MANTA include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert ChainGPT (CGPT) to cash?
You can instantly exchange your ChainGPT (CGPT) for cash using KuCoin's Fast Trade feature. This feature enables you to convert CGPT to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
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2024-07-27 08:35:58 (UTC+8)
24h Volume1,593,978,252USDT