$MANTA Feeling the Heat? what's going on? The token price has been on a downward spiral lately, leaving some folks wondering if it's still kicking. đ«
Here's a quick rundown of what's been happening: đ
1) Price Slump: #MANTA 's down over 10% this week, and the daily trading volume is pretty low at around $30 million. Not exactly a party atmosphere.
2) Far From Glory Days: The current price of $1.555 is a whopping 60% below its all-time high of $4.05. Ouch! đ€ź
3) TVL Takes a Hit: TVL has also dropped from $799 million to $742 million in the past week. đ
4) Unlock on the Horizon: A big unlock of 6.67 million MANTA tokens (around $10 million) is coming up on May 18th. This could put further pressure on the price. đ„¶
So, what's the takeaway? MANTA is definitely going through a rough patch.The upcoming token unlock is something to keep an eye on, as it might cause additional price volatility.
DYOR !! before making any investment decisions! #notcoin #Memecoins #BinanceLaunchpool
