Projects listed: 276 |
BTC Dominance: 51.10% | Volume (24h): $42,482,881,719 | Market Cap: $2,612,564,751,601
Mantle
MNT
$0.85
Sector
Layer 2
Exchange Debut
2023-08-04
Market Cap
2,789,169,830
Maxim Supply
6,219,316,794
Circulating Supply
3,266,841,708
Circ. Supply(%)
52.53%
Mantle
MNT
Price
$0.85
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
148420654
0.866175675741
0.811486440886
Change 24h
Change 7d
Change 30d
3.0886
-4.4959
10.7947
Maxim supply
Circulating supply
Circulating supply(%)
6,219,316,794
3,266,841,708
52.53%
What is Mantle – MNT?
Understanding Mantle Network and MNT Token
Mantle Network is a cutting-edge L2 technology designed to scale Ethereum. It boasts a unique modular architecture that splits transaction execution, data availability, and transaction finality into distinct modules. This design allows each module to be updated separately, ensuring the adoption of the latest technological innovations.
A standout feature of the Mantle Network is its compatibility with the Ethereum Virtual Machine, ensuring a seamless connection with the renowned Ethereum platform. Furthermore, the modular design is pivotal in achieving hyper-scaled network performance, ensuring reduced fees and faster transaction finality. This promotes the creation of DApps that offer superior user experience without compromising Ethereum’s trusted security.
MNT Token and Its Role
At the heart of this network lies the MNT token, serving multiple vital functions. It is essential for paying gas fees, fostering the growth of the ecosystem, and empowering the community with governance rights. Such a multi-faceted role strengthens the fundamental analysis of the Mantle – MNT cryptocurrency.
Pioneering a New Era of L2 Technology
In addition to its innovative architecture, Mantle Network is also the world’s premier DAO-spawned L2. This puts it at the forefront of promoting widespread adoption of token-governed technologies. The Mantle Ecosystem doesn’t stop there; it includes a robust network of partners and collaborators. These alliances are strategically formed to assist projects from their nascent stages to infrastructure support and effective market launch.
Moreover, Mantle’s commitment to nurturing the next wave of tech innovators is evident through initiatives like the Mantle Grants Program and the Mantle EcoFund. The latter is an impressive $200M capital pool designed to catalyze growth and innovation.
In conclusion, Mantle Network’s groundbreaking approach, combined with its vast ecosystem and MNT’s multifunctional role, underscores its potential in the realm of L2 technologies and blockchain ecosystems.
- Latest analysis update: October 23, 2023
Mantle - MNT performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
