Easy way to Buy MAMANTA token(MANTA) Online with Wigwam crypto app

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MANTA token | MANTAMANTA token1,223 MANTA

How to buy and hold MANTA with Wigwam

MANTA

1. Choose a token number that you want to buy

2. Create a wallet, where to store your crypto

3. Pay with credit card

704.90 MANTA

4. Check your crypto in the created wallet

Why Wigwam is the best crypto wallet for MANTA token (MANTA) storage

Ultimate security, only you have access to your MANTA token tokens

Send, Receive, Store your MANTA token tokens free and without limitations

Check the real-time value of your crypto tokens

Buy, Sell, Exchange MANTA token (MANTA) directly in the wallet

Stake MANTA token (MANTA) by connecting Wigwam to the popular DeFi dApps

No KYC or personal data collected

Why Wigwam is the best crypto wallet for MANTA token (MANTA) storage

About Wigwam MANTA crypto wallet

Experience the future of Web3 with Wigwam, the innovative MANTA network wallet that makes crypto experience seamless and intuitive. Designed for both newcomers and experienced users, Wigwam offers a modern platform for trading tokens, exploring decentralized finance (DeFi), and diving into the exciting world of NFTs. Wigwam simplifies digital asset management, making it easy to unlock the potential of the MANTA network.

Key features for MANTA web wallet users:

  1. Instant crypto purchases: Buy MANTA and other cryptocurrencies on the MANTA blockchain directly with your card through Wigwam.
  2. Multi-blockchain support: Interact effortlessly with various blockchains using Wigwam, perfect for navigating the MANTA ecosystem without any technical expertise.
  3. Cross-chain exchange integration: Easily swap tokens with Wigwam’s intuitive inbuilt exchange, optimized for seamless use within the MANTA network.
  4. Comprehensive MANTA portfolio tracking: Stay informed with real-time updates on the value of your tokens.
  5. Reliable security measures: Enjoy peace of mind with Wigwam’s non-custodial, externally audited crypto wallet, which is compatible with Ledger devices for improved security within the MANTA ecosystem.

MANTA token review 

MANTA token is the native ERC-20 currency token of the Manta network (including both Manta Pacific and Manta Atlantic), it acts as a medium of exchange in its ecosystem. The token offers benefits such as low gas fees and sequencer revenue on Manta Pacific, meanwhile, on Manta Atlantic, the token is utilized for network usage fees, as a medium of exchange, and as a reward for participation. MANTA tokens have an important role in the Manta Network because they unite the interests of all members of the Manta community with governance rights.

About MANTA token

The Manta network is a unique multi-modular ecosystem designed to overcome the limitations of existing blockchain networks. The network consists of two blockchains; Manta Pacific and Manta Atlantic.

Manta Pacific is a scalable Ethereum Layer 2 solution that provides high scalability with ZK applications that are EVM-compatible. Meanwhile, Manta Atlantic runs Polkadot as a Layer-1 solution that provides the fastest ZK implementation with a focus on interoperability, offering modular on-chain compliance identities. 

MANTA Coin Use Cases

The MANTA coin plays many crucial roles in its ecosystems, such as:

Governance: MANTA token holders get to decide the destiny of the Manta Network via voting on crucial proposals and electing council members on the Manta Pacific and Manta Atlantic chains.

Staking: Collators are required to stake MANTA as collateral for generating blocks, and token holders have the option to delegate their tokens to collators too.

Network Fees: Manta Atlantic utilizes MANTA tokens as transaction expenses, which are later dispensed among new projects, treasury, and rewards for collators.

Native Liquidity: The MANTA token serves as native liquidity within the ecosystem offering various applications and services.

Rewards: A huge part of the MANTA supply is utilized for numerous ecosystem initiatives and rewards, encouraging users’ participation in its environment for imparting liquidity and producing blocks.

zkSBTs and zkKYCs: MANTA tokens can be used to buy credentials like zkSBTs (Zero-Knowledge Scalable Bitcoin Trees) and zkKYCs (Zero-Knowledge Know Your Customer) within the Manta ecosystem.

DeFi Ecosystem: Manta Network offers an emerging DeFi ecosystem where users can use MANTA tokens and earn additional yields. 

Economic Value

MANTA tokens have a maximum supply of 1,000,000,000 tokens, it is set to be issued at an annual mint rate of 2% from its inception since it follows a deflation model. This means that 2% of the total MANTA tokens issued each year will be minted and will be added to the circulation supply from 30 January 2024 onwards. It has a circulation supply of 250,036,078 tokens.

Challenges

The MANTA token has faced many challenges since its public launch, with the main challenge being the Distributed Denial of Service (DDoS) attack that caused a significant increase in transaction requests, and network overload, resulting in long transaction times, and higher gas fees. Negatively affecting user experience and network performance.

The attack also caused a temporary drop in the price of the MANTA token as the token was initially trading around $2.70, but after the attack, it dropped 22%, trading at $2.08 This change has affected investor confidence in the MANTA token and Manta Network.

Disclaimer

This article is for informational purposes only and should not be interpreted as financial or investment advice. The views expressed herein represent solely the opinion of the author and are not intended to provide specific trading or investment recommendations. We do not guarantee the accuracy, completeness, or reliability of the information contained in this article. The cryptocurrency market is known for its high volatility and unpredictable fluctuations. Investors, traders, and anyone engaging with cryptocurrency are advised to conduct thorough research, consider a variety of perspectives, and acquaint themselves with applicable local regulations prior to making any investment decisions.

FAQ

MANT tokens can be purchased through various cryptocurrency exchanges, including Binance, KuCoin, and Kraken.

Yes, MANTA tokens can be staked within the Manta Network as collateral or delegated to collators.

To see your address activities on the blockchain, you can go to either Etherscan or Polkascan and enter your wallet address in the search bar.

To add a MANTA token to the crypto wallet, follow the below-defined steps:

Open your crypto wallet, Navigate to “Manage Assets”, and then click on “Add Token” and then enter the MANTA token details as follows:

  1. MANTA Token Contract Address: https://pacific-info.manta.network/
  2. Token Symbol: MANTA
  3. Decimal Precision: With 9 Decimals

Risks associated with purchasing MANTA tokens include potential market volatility, regulatory uncertainty, and the inherent risks of investing in cryptocurrencies InvestorsObserver research assigns a low risk to Manta Network, which means relatively complex risk profiles. However, the cryptocurrency market is known for volatility in prices, which can affect the value of MANTA tokens.