The cryptocurrency sector is witnessing significant developments, with Mantle's $MNT token reaching a new all-time high (ATH) of $0.95, marking a 20% increase and attributed to its strategic growth initiatives and the expansion of its DeFi ecosystem. Mantle has secured a substantial funding of $2.5 billion, positioning it with the second-largest crypto treasury, alongside a $200 million ecosystem fund aimed at enhancing its DeFi ecosystem. This financial backing is expected to bolster Mantle's offerings, including the mETH token, which offers a 7.2% annual percentage yield (APY) plus additional benefits such as ecosystem airdrops and EigenLayer points. Concurrently, Flare Networks has announced a $35 million private funding round, signaling continued investor interest in blockchain technologies. These developments underscore the dynamic nature of the cryptocurrency market and the growing investor confidence in blockchain's potential.
New ATH for $MNT The growth flywheel for @0xMantle gets stronger the higher $MNT goes. https://t.co/7jpkXsEM7T
New ATH for $MNT The growth flywheel gets stronger the higher $MNT goes. https://t.co/Hwh5YD7qZP
CoinGecko shows that the L2 network Mantle token MNT has increased by more than 20% in the past 24 hours to about $0.95, hitting a record high, which may benefit from the continued construction of the Mantle DeFi ecosystem known as DeFi paradise. In addition, the L2 sector also…
$FLR (@FlareNetworks) price is up +15% in the last 24 hours. This comes after the following news - Flare raises $35 million in a private round from Kenetic and Aves Lair - Early investors in the project have voluntarily agreed to extend token distribution from 2024 to the first… https://t.co/RqYvygODUL
Given Mantle’s substantial funding I’m bullish on Mantle Funding: 2.5B treasury, the second largest crypto treasury and a $200M ecosystem fund made to boost its defi ecosystem Also, their $mETH gets you: 7.2% APY + ecosystem airdrops + EigenLayer points https://t.co/15jPpErWl7
CRYPTO FUNDING: EigenLayer is seeing major funding — and its ecosystem is coming along for the ride https://t.co/SjZo46DtRe
$MNT is on the cusp of price discovery right now. If you don't know why, then give this interview on @0xMantle a read. @0xGabe_ goes through Mantle's growth strategy, why they created mETH, 2024 plans & alpha on the $MNT token. https://t.co/il7M9nEBjm