If you didn't purchase $MANTA prior to its listing on Binance, it is advisable not to do so now.
Certainly, I comprehend the allure of acquiring a recently listed token on Binance with the anticipation of its price rising further post-listing. Nevertheless, this doesn't always unfold as expected, as numerous tokens tend to experience a brief uptick before undergoing a downward trend.
In managing recently listed tokens on Binance to maximize profitability, keep the following advice in mind:
Begin by monitoring Binance's new listings. If there are rumors or speculations regarding the addition of a new token, consider locating and purchasing that token on other platforms where it is already listed. Subsequently, await its listing on Binance.
Take advantage of the profit potential associated with speculation-driven price increases. Once you've realized gains, strategically execute profit-taking measures and allow for the inevitable price correction.
Key Information About the MANTA Project:
MANTA serves as the native token for Manta Network, a modular blockchain platform specializing in zero-knowledge applications.
- 🚀The total supply of MANTA is capped at 1 billion tokens, adhering to a deflationary model.
- 🚀MANTA finds utility in staking rewards, governance participation, miner incentives, and plays a vital role within the broader Manta Network ecosystem.
- 🚀Launching on Binance Launchpad on January 16, 2024, MANTA allowed users to farm the token through staking BNB and FDUSD. Trading commenced on Binance, Bybit, and Kucoin on January 18, 2024.
- 🚀As part of the innovative New Paradigm campaign by Manta Network, MANTA introduces diverse earning opportunities, including the potential for an airdrop based on the program.
- 🚀MANTA demonstrates support for Polkadot, integrating with its para-chain mainstream cryptocurrencies and stablecoins, thereby offering robust cross-chain interoperability.