The Ethereum spot ETF has been approved, but the funds have not yet arrived. Don't worry, once the funds flow in, Ethereum will rise sharply!
The approval of the Ethereum spot ETF is undoubtedly good news for Ethereum.
The approval of the ETF means that Ethereum will have more investment opportunities and a wider investor group, which will provide strong support for the price of Ethereum.
Although the funds are not in place yet, we are confident that as the funds gradually flow in, the price of Ethereum will usher in a sharp rise.
Looking back at history, the price trend after the approval of the Bitcoin ETF is the best example. At that time, the price of Bitcoin rose from more than 30,000 to 73,000, an astonishing increase.
Therefore, we don't have to worry too much about the short-term fluctuations of Ethereum. When doing spot investment, we need to focus on the big trend, not the short-term fluctuations.
As long as we have firm confidence, hold the chips in our hands, and believe in the power of time, we will definitely be able to reap rich returns.
The approval of the Ethereum spot ETF has opened a new door for the future of Ethereum, and the influx of funds will drive a sharp rise in the price of Ethereum.
Let us look forward to the future performance of Ethereum and believe in the value of time.
Recently, you can pay attention to the new coin sector. Binance IEO sector is really fierce!
First, $BB more than doubled in three days, and today there is another $NOT strong explosion, with an increase of 80% in one day. It is really the most exciting. Other new coins can pay attention to whether there is any news!
Yun Zhongjun recently saw a new coin $MANTA belonging to the modular L2 sector!
After ETH's ETF is passed and can be traded, plus the Prague upgrade, it will bring great positive effects to the ETH-related ecology!
L2 is the hot sector related to ETH, and the new coin MANTA is the hot coin in this sector!
In addition to the recent good news about MANTA, Manta Network recently launched the CeDeFi product. Users can deposit assets such as wBTC/BTCB, wETH/STONE, USDT/USDC/wUSDM into the CeDeFi platform through the three chains of Ethereum, BNB chain and Manta Pacific.
The eDeFi platform is not only the beginning of Manta RWA products, but will also become the issuance platform and interface for more RWA assets in the future, providing users with real benefits.
The CeDeFi platform maps assets to exchanges through the custodian service provider Ceffu, and asset management institutions execute strategies such as rate arbitrage to generate currency-based income.
These strategies originally only served VIP customers of exchanges, but Manta Network brought these advanced strategies to the chain by cooperating with these institutions.
In the bull market, through the CeDeFi ecosystem, users can not only increase the number of tokens in their hands, but also obtain multiplied U-based income when the token price rises. Manta CeDeFi products have therefore become one of the few products on the market that can earn real currency-based income, providing users with unique investment opportunities.
In addition, Manta Network is committed to providing modular blockchain support for zero-knowledge proof (ZK) applications, and its CeDeFi ecosystem has demonstrated outstanding innovation in this field.
Manta Pacific is a modular Layer2 solution built specifically for the EVM ecosystem. It implements ZK-as-a-Service through Manta's universal ZK circuit and uses Celestia's data availability layer to provide modular support, thereby providing users with the lowest Gas cost and the best user experience.
Manta Network's modularity and ZK technology-based technology innovations and advantages are very good, and the potential applications and future development directions of ZK technology are also very large!
Manta's business development (BD) and resource capabilities are also very important in project development!
In addition, please pay attention to Manta's upcoming MEME season activities, don't miss any exciting content and opportunities!