- Despite the recent decline, MNT has a bullish prediction of $4.75 in 2024.
- The price of the token might fall to $5.28 in 2027 but is expected to recover by 2028.
- If the project remains relevant, the price could hit $13 in 2030.
Several projects have become important to the crypto ecosystem, especially for those looking to transact on Ethereum (ETH). One of these projects is Mantle (MNT), which is a Layer-2 on the Ethereum blockchain.
Findings shows that the project offers more than just cheaper fees. However, we won’t let the cat out of the bag now. Find out the rationale behind Mantle in this article. Coin Edition also looks at the MNT, its use case, and price predictions from 2024 to 2030.
Mantle (MNT) Real Time Market Status
| 🪙 Nume | Manta |
| 💱 Simbol | MNT |
| 🏅 Clasament | #34 |
| 💲 Preț | $1.21432556078 |
| 📊 Modificarea prețului (1h) | 1.48% |
| 📊 Modificarea prețului (24h) | -11.01% |
| 📊 Modificarea prețului (7d) | 43.89% |
| 💵 Capitalizarea pieței | $3926810469.86 |
| 💸 Aprovizionare circulantă | 3233737802.03 MNT |
| 💰 Aprovizionare totală | 6219316794.99 MNT |
Manta (MNT) tranzacționează în prezent la $1.21432556078 și stă la număr #34 pe CoinMarketCap în ceea ce privește capitalizarea pieței. Sunt 3233737802.03 MNT monede aflate în circulație în prezent, aducând capitalizarea totală a pieței la $3926810469.86.
Over the past 24 hours, Mantle has decreased by 11.01%. Privind la ultima săptămână, moneda a trecut 43.89%.
Ce este Mantle (MNT)?
Mantle Network is an Ethereum Layer-2 scaling solution and is compatible with the Ethereum Virtual Machine (EVM). For the uninitiated, the EVM is the open-source computational engine fostering smart contract development and transactions on the blockchain.
With Mantle’s unique infrastructure, users can perform transactions and pay cheaper fees compared to the Ethereum Mainnet. However, Mantle depends on Ethereum for maximum security.
It would also interest you to know that the project is the first L2 to integrate with EigenLayer, the restaking protocol on Ethereum. With the partnership, data availability on Mantle has gotten easier.
Unlike many other projects, Mantle does not have one or two particular founders. Instead, there is a Decentralized Autonomous Organization (DAO) behind the project.
Therefore, decisions related to proposals are decided on by a governance structure that involves MNT holders. Beyond on-chain voting, MNT is also used for paying gas fees and contributing to the growth of Mantle’s ecosystem.
MNT Situația curentă a pieței
MNT’s price at the time of writing was $1.20. This value was a 4.95% decrease in the last 24 hours. However, within the same period, the price of the cryptocurrency jumped to $1.52.
But after a wave of selling pressure hit it, the upswing reversed. For example, Lookonchain explained how a certain market participants gained from the recent hike and later sold.
Furthermore, the trading volume increased to $706.97 million. As of this writing, MNT had a market cap of $3.88 billion. Its maximum supply is 6.21 billion MNT tokens while 3.22 billion were in circulation. If you intend to buy MNT, you can access the token on Huobi, Gate.io, MEXC, or Bybit.
Analiza prețurilor Mantle (MNT).
Without price analysis, there would be no feasible price prediction. Due to this, Coin Edition dedicated this segment to discussing MNT’s possible performance in the short term.
Using indicators, and fundamentals, you would also learn about the price predictions from 2024 to 2030. To add spice to this piece, you would also get an idea of how MNT might perform in 2040 and 2050.
Mantle (MNT) Price Analysis- Bollinger Bands
The Bollinger Bands (BB) is an indicator that helps to identify volatility around a cryptocurrency. From the MNT/USD 4-hour chart, the bands expanded, indicating extreme volatility around the token.
But before the recent volatile nature, MNT consolidated as the bands contracted between March 18 and 26. During that period, the price of the token traded between $0.76 and $0.88. However, the consolidation phase ended as the bulls helped the price break out in March.
At press time, the upper band of the BB had touched MNT’s price at $1.29, indicating that it was overbought. This condition forced the value back to $1.20. With the high volatility, increased buying pressure might send MNT as high as $1.49. However, if profit-taking overrides buying, the price might decline to $0.93.
Mantle (MNT) Price Analysis – Relative Strength Index
Indications from the Relative Strength Index (RSI) showed that MNT was oversold on March 19. Moments later, the oscillator reverse in the upward direction. With solid bullish momentum, the RSI was able to hit 93.40.
But the reading implied that the token was overbought just like the Bollinger Bands indicated. As of this writing, the positive divergence formed by the indicator has been quenched. The reading as shown below was a sign that sellers had taken some gains. However, a resurgence in buying momentum could drive MNT to restest the $1.30 region.
Mantle (MNT) Price Analysis – Moving Average Convergence Divergence
As of this writing, the Moving Average Convergence Divergence (MACD) hinted at a bullish momentum. The positive value of the MACD indicated that there has been more buying pressure for MNT as the 12 EMA (blue) had outpaced the 26 EMA (orange).
However, the trend of 12 and 26 EMAs was in the upward direction, indicating that sellers were trying to catch up with buyers. If this happens, MNT’s price might experience a retracement that could send it to $1.09. However, if the positions remain the same, the value of the token might climb back higher.
Predicția de preț Mantle (MNT) 2024
For 2024, the price of MNT is expected to increase much more than it has done in recent times. From a technical perspective, the 50 EMA (blue) had topped the 200 EMA (yellow), suggesting that the trend might be bullish in the long run.
As it stands, it is unlikely for MNT to drop as low as $0.89 in the short term. But if a widespread correction begins with altcoins, MNT might not be spared, and its value could hit $0.96 at some point.
However, the price of the token would most likely rebound and tap new highs. Therefore, MNT’s price prediction for 2024 might be around $4.75.
Mantle (MNT) Price Prediction – Resistance and Support Levels
Analysis from the 4-hour timeframe showed that the $0.83 region was once a resistance point. However, bulls turned the same level to support on March 25 as MNT’s solid uptrend began.
As the price jumped, MNT faced another hurdle at $0.91. But bears were not strong enough to reject the price. Hence, the upswing continued to $1.30. At press time, another resistance stood at $1.29.
If bulls successfully clear this path, MNT might retest $1.36. However, the inability to break past the region could grind the potential uptrend to a halt.
Predicția de preț Mantle (MNT) 2025
By 2025, the price of MNT might hit $6. One of the reasons for this projection is that a lot of crypto users might have adopted L2s since they now offer cheap gas fees, and Mantle might not be left out.
Predicția de preț Mantle (MNT) 2026
2026 could be a big year for MNT. By this time, it is expected that the market cap of many altcoins have doubled. For Mantle, it could be the same case. As such, the price of the token could hit $8.95 in 2026.
Predicția de preț Mantle (MNT) 2027
The price of MNT might not be as bullish as the previous predictions in 2027. If we are to go by history, the crypto market might be in a bear cycle in 2027. If this is the case and a lot of liquidity does not come into the ecosystem, the price of MNT might fall to $5.28.
Predicția de preț Mantle (MNT) 2028
MNT might experience respite in 2028 as market participants might have capitalized on the 2027 dips. As such, buying pressure might have increased and the price might restest $7.74.
Predicția de preț Mantle (MNT) 2029
In 2029, Mantle’s community might have doubled or tripled. As a result of this, the adoption of the token might hit new heights. Increased adoption most times translates to high demand. Hence, MNT might hit double-digits like $10 in 2029.
Predicția de preț Mantle (MNT) 2030
In 2030, MNT might continue its strong uptrend. Although there might be times when the price drops, it is expected that the value of the cryptocurrency might reach $13 by December 2030.
Predicția de preț Mantle (MNT) 2040
The 2040 price prediction for MNT might not be as bullish as the community might assume. In the foreseeable future, the crypto market might encounter more regulatory hurdles. This could cause the prices of tokens to decline. However, MNT might recover as pressure from the regulatory environment has reduced. Hence, the price might hit $14.78 in 2040.
| Prețul minim | Prețul mediu | Preț maxim |
| $7.64 | $10.33 | $14.78 |
Predicția de preț Mantle (MNT) 2050
In 2050, the price of MNT might have increased. At maximum value, the token could hit $20.52. However, a bearish scenario could see the cryptocurrency trade at $11.35
| Prețul minim | Prețul mediu | Preț maxim |
| $11.35 | $15.93 | $20.52 |
Concluzie
In conclusion, the emergence of Mantle seems to be good for the ecosystem. However, that does mean the price of MNT would continue to surge without a stop. While the price might hit new highs, it could also tap new lows in the price. Therefore, it is important that you watch out for updates about the project.
Întrebări frecvente
MNT is the native cryptocurrency of Mantle, an Ethereum Layer-2 project. With MNT, users can participate in governance, access data easily on-chain, also get cheaper gas fees.
You can buy MNT on exchanges. Some of the exchanges that offer the token include MEXC, Bybit, and Gate.io. By doing your research, you can also find other platforms that have MNT listed.
If you bought MNT in August 2023, then MNT might have proven to be a good investment considering that the price has increased by 153%. However, the past performance does not mean that another tremendous hike would happen soon.
At the same time, that does not imply that MNT is not a good investment. But you would need to track developments within the ecosystem and check what’s happening with the community before you conclude.
MNT’s all-time high was $1.52 on March 27.
It might take some time before MNT hits $10 as that would mean its market cap would reach almost $40 billion. While this is not impossible, it might not happen this cycle as demand for the cryptocurrency is not mind-blowing enough to drive a 10x climb within a few months. But yes, MNT can reach $10 later in the future.
The maximum supply of MNT is 6.21 billion tokens. Out of this, 3.23 billion are in the circulating supply.
MNT can surpass its current ATH, and this is due to several reasons. First, Ethereum’s Dencun upgrade has allowed users to access cheaper gas fees on L2s like Mantle. With the development, the adoption of MNT might skyrocket.
The other reason is linked to ETH which might have a spot ETF soon. If the SEC approves Ethereum ETFs, then the prices of projects linked to it might gain.
MNT’s lowest price was $0.32. The token hit the price in October 2023.
Mantle does not have one particular founder as it uses a DAO structure. However, there were early contributors to the project including Ben Zhou and jacobc.eth.
Mantle (MNT) was launched in 2023.
You can store MNT on a wallet like MetaMask or Trust Wallet. If you have a hardware wallet like Trezor or Ledger, you can also store the tokens there. However, there are other options like the aforementioned exchanges where you can also store MNT.
The 2024 price prediction for MNT is $4.75.
MNT’s price prediction in 2025 is $6.
The price of the token might hit $8.95 in 2026
In 2028, the price of MNT might experience dips that could see it drop to $5.28
MNT’s price might recover from its lows in 2028 and reach $7.74.
MNT might rally toward $10 by 2029
MNT’s price is expected to hit $13 in 2030
By 2040, the price of the cryptocurrency could be $14.78.
At minimum, the price of MNT might hit $11.35 in 2050. But the bullish prediction for the token remains $20.52.
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Avertisment: Informațiile prezentate în acest articol au doar scop informativ și educațional. Articolul nu constituie sfaturi financiare sau sfaturi de nici un fel. Coin Edition nu este responsabil pentru nicio pierdere suferită ca urmare a utilizării conținutului, produselor sau serviciilor menționate. Cititorii sunt sfătuiți să fie precauți înainte de a lua orice acțiune legată de companie.
Source: https://coinedition.com/mantle-mnt-price-prediction/