Manta Network is a privacy-preserving decentralized banking network based on the Substrate foundation, akin to Polkadot. It addresses issues surrounding transaction privacy and speed. Manta ensures the secrecy and security of transactions by leveraging robust cryptographic algorithms. It facilitates faster transaction processing, alleviating scalability challenges encountered by numerous cryptocurrencies.
The governance token of the Manta Network is called MANTA. Holders can participate in governance decisions and several network functions. For those interested in this token as an investment, we discuss this assetās future price for the next few years in this MANTA price prediction.
Manta Network (MANTA) overview
As of May 12, 2024, MANTA was the 155th most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes other relevant data for the same date.
Manta Network (MANTA) price history
Manta Network was launched in September 2023, but it got the attention of the crypto world when its MANTA token hit the trading market on January 18, 2024. The open MANTA price was approximately $2.3. This token rapidly increased its price, reaching nearly $3.8 on January 29. During the first week of March, the MANTA price fluctuated around $3. This token skyrocketed in the second week of March, reaching its all-time high of $4.1 on March 12. However, the MANTA price experienced a correction and fluctuated around $3 for the next three weeks.
On April 12, the MANTA price plummeted, reaching $2. Since then, the MANTA price has progressively declined. As of May 12, 2024, MANTA traded at about $1.6.
Manta Network (MANTA) price prediction
MANTA price prediction for 2024
Most predictions indicate that the MANTA price will expand in 2024.PricePrediction expects MANTA to trade at an average of $2.1 this year, reaching a potential maximum of $2.3. Cryptopolitan predicts an average MANTA price of $2.2 in 2024, with a possible maximum of $2.5. DigitalCoinPrice is more optimistic, forecasting an average price of $3.3 and a maximum of $3.4 this year. In this case, a MANTA investment at the current $1.6 per token could grow by +106% this year.
MANTA price prediction for 2025
For 2025, PricePrediction and Cryptopolitan agree that MANTA will trade at an average of $3.1, with a potential maximum of $3.6. DigitalCoinPrice predicts a better scenario, with an average MANTA price of $3.8 and a maximum of $4. Hence, a MANTA investment at the current $1.6 could yield a return of +150% in 2025.
MANTA price prediction for 2026
According to PricePrediction, MANTA will trade at an average of $4.3 in 2026, with a potential maximum of $5.1. Cryptopolitan predicts an average price of $4.4 and a maximum of $5.2 for the same year. DigitalCoinPrice is more optimistic, with an average MANTA price of $5.5 and a maximum of $5.6. In this case, a MANTA investment at the current trading price of $1.6 could increase its worth by +250% by 2026.
MANTA price prediction for 2030
Long-term MANTA price predictions significantly differ. DigitalCoinPrice predicts an average MANTA price of $11.3 in 2030, with a potential maximum of $11.7. In contrast, Cryptopolitan forecasts an average price of $18.6 and a maximum of $22.3. PricePrediction is slightly more optimistic, indicating an average MANTA price of $19.8 and a maximum of $22.9. Hence, an investment at the current $1.6 per token could grow by +1,331% by 2030.
Conclusion
Manta Network caused an initial buzz because of its innovative technology through a modular zero-knowledge (ZK) rollup for Ethereum, featuring Solidity smart contracts. But its MANTA token has failed to trigger bullish momentum as it faces a consolidation around support lines. However, this token might significantly increase its price in the long run, making it a profitable long-term investment.
FAQs
Is Manta Network (MANTA) a good investment?
MANTA might be a good long-term investment. However, it would be best to research this asset thoroughly before investing.
How high can the MANTA token go?
According to PricePrediction, MANTA will trade at a maximum of $75.5 in 2033. In the distant future, MANTA could reach $1,565 in 2040 and $2,197 in 2050.
Where can I get the MANTA token?
Several crypto exchanges list MANTA for trading, including LetsExchange.io, a go-to exchange hub supporting the largest number of cryptocurrencies among similar platforms.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesnāt constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.