Manta Token & Memecoin Season For Manta

Manta announced that they will be listing on the 18th of January, that is three days from today. In my little experience, I have realised that when a project lists, due to high liquidity getting flooded into the chain, memecoins of that chain emerge and trading increases drastically. I saw it happen with Arbitrum, I saw it happen with Optimism, saw it happen with Canto and more. It’s usually after an airdrop, this is usually because, the community is excited and want to play around with their new liquidity. People sometimes focus on meme tokens coming up on these chains during these periods.

Screenshot 2024-01-15 at 10.49.19 PM.png

You have to be careful because, times like this will have a lot of rugs that will make you lose your money, so it’s usually advisable to risk what you can afford to lose and don’t forget to diversify, don’t put all your eggs in one basket. Manta is a great EVM chain, it’s been on a hype for the past weeks, the airdrop has increased its hype and the trading volume on the chain is about to go off the roof when their native token get listed. Sometimes crypto events repeat theirselves, if you know how the game is played you will be able to make some cool profit.

In December there was a rumour about Starknet launching in January, Starknet memecoin started trending and people started trying to position theirselves for the airdrop. But they have gotten bored and have moved on, because people need liquidity and the airdrop was supposed to provide this liquidity. Manta is launching on the 18th, liquidity is about to flow, this means memecoins might likely print some huge profit. This is not a financial advise but do with it as you please.

Posted Using InLeo Alpha



0
0
0.000
1 comments
avatar

I see a couple of Manta airdrops but seems you need an invite code.
Good advice, they do use their airdrop liquidity on memecoins right enough

0
0
0.000