Can Mantle Gain 100% As Analysts Are Optimistic & TVL At ATH?
The post Can Mantle Gain 100% As Analysts Are Optimistic & TVL At ATH? appeared on BitcoinEthereumNews.com.
The Mantle (MNT) Network is built on an ETH chain and is an L-2 solution of scalability, as well as an ERC20 token. It is an EVM-compatible tech that’s solely designed to scale Ethereum efficiently and cost-effectively. MNT drives the Mantle network ecosystem, as major fuel to it, this token of could be used as the collateral assets for Mantle Network nodes, contributing towards network security and stability. By 2024 First Half, Mantle (MNT) TVL had Surged 4x! The Mantle total value locked (TVL), which is the total USD values of digital assets that are staked or locked on the ETH chain, has been inclining since the start of 2024, when it was around at $120 Million. Mantle (MNT) TVL | By DefiLlama.com In what has been seen as a confidence booster, when the Total Value Locked of MANTLE (MNT) over the Defilama platform increases, its liquidity, popularity, and usability also increase. This reflects that the higher TVL makes the MNT asset more reliable and less riskier. The total TVL almost rose 4x and stood at an ATH $465.22 Million as per the DefiLlama, by June 6th, 2024. Mantle- One of the Top Daily Gainers on CMC According to Alt Crypto Talk’s tweet post on X, Mantle (MNT) has shown a 9.27% intraday increase and is among the top daily gainers on CoinMarketCap, along with Stacks (STX), SUI (SUI), Cronos (CRO), and ORDI. Top Daily Crypto Gainers | 6/6/24 1- @0xMantle $MNT2- @Stacks $STX3- @SuiNetwork $SUI4- @Cronos_Chain $CRO5- #Ordi $ORDI Source: @CoinMarketCap pic.twitter.com/f7Av1MECaG — AltCryptoTalk (@AltCryptoTalk) June 6, 2024 Furthermore, Mantle crypto optimized by 6.33% in market value and massively optimized by 103.07% in trading volume in the last 24 hours, as per CMC. Where its market value stands at $3.392 Billion, and its trading volume of the last 24…
Filed under: News - @ June 6, 2024 9:26 pm