#MantaRWA生态

$MANTA 's views, let's communicate together.

First of all, MANTA coin is the native token of Manta Network, a multi-module ecosystem for zero-knowledge (ZK) applications, which consists of two main parts: Manta Pacific and Manta Atlantic.

Manta Pacific is a unique L2 ecosystem for EVM-native ZK applications on Ethereum, which provides a scalable and cheap Gas fee environment for ZK applications so that developers can deploy them using only Solidity. And oh, according to L2Beat data, the Manta Pacific network is currently the fourth largest Ethereum Layer 2 network!

Manta Atlantic is the fastest ZK L1 chain on Polkadot, which brings programmable identity and credentials to web3 through zkSBT. This part is still under development, and its goal is to be used in conjunction with on-chain identity for compliance purposes while protecting user privacy.

Let's take a look at the price of MANTA coins. The current price is about $1.73 (about 12.43 yuan), and the global market value ranks 192nd. Its maximum circulation is 1 billion, and the current circulation is also 1 billion, but the total circulation is only 251 million, and the circulation rate is 25.11%. From these data, it can be seen that the circulation of MANTA coins in the market is still relatively small.

However, some experts have warned that there are some risks in MANTA coins. For example, its founding team is relatively anonymous and lacks sufficient public information; the publicity methods may be exaggerated; there is a lack of transparency in substantive technical support and development; the market value may be manipulated, and the rapid fluctuations in prices may be the result of human manipulation; and the uncertainty of the regulatory environment.

Therefore, although MANTA coins have advanced technology and ecosystems, before considering whether to invest funds, everyone should still treat the market rationally, fully understand the background, team and technical strength of the project, and avoid falling into risk traps because of greed for high returns~