Get ready, the launch is approaching! Cryptocurrencies that will rise more than 1000%.
Manta Network is a blockchain project focused on privacy-preserving applications and functionalities within the web3 ecosystem. Here's a breakdown of what they offer:
Modular Blockchain for ZK Apps: Manta Network positions itself as a modular blockchain specifically designed for zero-knowledge (ZK) applications. ZK proofs are cryptographic techniques that allow verification of information without revealing the information itself. This is particularly useful for protecting user privacy in financial transactions and other blockchain interactions.
Manta Pacific: This is the current operational blockchain of Manta Network. It leverages Celestia, a separate blockchain for data storage, and a modified Optimistic Rollup (OP) stack for faster transaction processing. This combination aims to achieve scalability (handling many transactions) with low gas fees (transaction costs).
Focus on dApp development: Manta Network positions itself as a suitable environment for building and deploying decentralized applications (dApps) that utilize ZK technology. Their technology stack, including "Universal Circuits," is designed to streamline this process for developers.
Manta Network today, June 26th, 2024:
Price: The live price of Manta Network (MANTA) is around $1.01 USD.
Performance: It's been a bit of a mixed bag for Manta Network recently. Over the past 24 hours, the price is down slightly (around 0.10%). However, it's up over 28% compared to its all-time low just two days ago on June 24th.
Trading Volume: There's been a decrease in trading activity compared to yesterday. The 24-hour trading volume is around $24.7 million USD, which is down about 41% from the previous day.
Overall, Manta Network seems to be in a period of consolidation after a recent price dip. While trading activity is down, the price has recovered somewhat from its all-time low.