#Manta . Why are so many people holding Manta tokens?
Is it layer 2 blockchain? Because its price is at the bottom,? Or because of technology...?
but you should review, # actually manta is nothing special, if it were special and then the price would be 30-50$? No, if it was that good, whales wouldn't let it stay below $3 for so long for you to collect. Look at TIA, ENA, ETHFi... they run up in price very quickly.
Big potential projects will increase in price very quickly to match the potential and you have to buy at a high price.
What do we have with Manta:
- 1 layer 1 development is not attractive on Dot network and has to move to layer 2 but there is nothing special to attract like Arb, OP or ZK...
- It took them 5 years to develop, not because they were special, but because they took time to change their original direction. Now they need to sell tokens for maintenance money and you are the liquidity.
Of course, in bullrun, the price of Manta will still increase, but if you wait for x15 or 20, it will be difficult to achieve. And you should not hold it in the next season when it is not special and many tokens have been unlocked