MNT
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📈 Mantle (MNT) Price Prediction: 🚀 Poised for Growth with Bitcoin Momentum!
Current Price: $1.240744
24-Hr Trading Volume: $190.59M
Market Cap: $4.18B | Dominance: 0.12%
24-Hr Growth: +0.52%
🌟 Short-Term Price Targets:
Target 1: $1.256573 | ROI: 1.46%
Target 2: $1.323272 | ROI: 6.84%
Target 3: $1.409171 | ROI: 13.78%
Target 4: $1.514085 | ROI: 22.25%
Target 5: $1.630993 | ROI: 31.69%
💡 Why Invest Now?
Mantle is riding the wave of Bitcoin’s bullish momentum, supported by strong trading volumes and growing investor confidence. With a clear upward trend, MNT is positioned for substantial gains.
🚀 Seize the opportunity and invest in Mantle today for potential high returns!
#Mantle #MNT #CryptoGrowth #BitcoinMomentum #InvestWisely
Current Price: $1.240744
24-Hr Trading Volume: $190.59M
Market Cap: $4.18B | Dominance: 0.12%
24-Hr Growth: +0.52%
🌟 Short-Term Price Targets:
Target 1: $1.256573 | ROI: 1.46%
Target 2: $1.323272 | ROI: 6.84%
Target 3: $1.409171 | ROI: 13.78%
Target 4: $1.514085 | ROI: 22.25%
Target 5: $1.630993 | ROI: 31.69%
💡 Why Invest Now?
Mantle is riding the wave of Bitcoin’s bullish momentum, supported by strong trading volumes and growing investor confidence. With a clear upward trend, MNT is positioned for substantial gains.
🚀 Seize the opportunity and invest in Mantle today for potential high returns!
#Mantle #MNT #CryptoGrowth #BitcoinMomentum #InvestWisely
MNT: Momentum in Mantle's Layer 2 Network🧐🔥💥
#MNT
In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices.
🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level.
📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend.
📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels.
🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone.
🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone.
A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373.
✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices.
🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level.
📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend.
📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels.
🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone.
🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone.
A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373.
✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
#MNT (Mantle)
🔹 Signal: 📉 Close Position
🔹 Price: $1.23
🔹 Reason: Weak trend with limited growth (2.78%) and low 7D change.
#BURNGMT #writetoearn #MarketMajorComeback
🔹 Signal: 📉 Close Position
🔹 Price: $1.23
🔹 Reason: Weak trend with limited growth (2.78%) and low 7D change.
#BURNGMT #writetoearn #MarketMajorComeback
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In brief, the main points as of December 13.
#Xlm 1️⃣ The Moscow Exchange may launch futures on cryptocurrencies.
The Moscow Exchange allows for the possibility of launching futures on cryptocurrencies, but it is currently premature to do so, said the exchange's chairman Viktor Zhidkov. "For now, our opinion is that it's premature to do anything related to cryptocurrency. However, we cannot escape progress, and we cannot ignore this progress," Zhidkov said.
The Moscow Exchange allows for the possibility of launching futures on cryptocurrencies, but it is currently premature to do so, said the exchange's chairman Viktor Zhidkov. "For now, our opinion is that it's premature to do anything related to cryptocurrency. However, we cannot escape progress, and we cannot ignore this progress," Zhidkov said.
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Are you ready for the second half of the bull market?
If you don’t hurry up, don’t even think about drinking a sip of soup! Quickly read the following
1. The main line of hype: AI, games, social networking, MEME, public chains, pledges and wallets are still the main narrative lines of this round of bull market, and the rotation rhythm is still effective.
2. The best time to get on the train: The general direction is upward, so when the correction stabilizes after the surge, it is the best time to get on the train, and there is no need for too much technical analysis.
3. Long-term holding strategy: The experience of multiple rounds of bull market cycles shows that operations that abandon the chips bought at the bottom to chase the rise often do not make money or even lose money in the bull market. Only when the wind comes, long-term holding can get the maximum return. Choose the right coin and hold it, there are also short-term bands.
I sorted out the news:
1.• $MNT - Bybit has opened registration and identity verification for users from China
2.• $TAIKO - Upbit announced the listing of Taiko. Trading start date not confirmed
3.• $BORA - BORA announces BORA 3.0 release on June 11
4. • $MASK - Mask Network announces $MASK staking Season 1 is coming soon
5.• Nvidia has surpassed Apple as the second largest company by market cap, impacting momentum in the crypto AI space
6. • $DYDX - dYdX announces a major announcement tomorrow, hinting it will surpass their Android launch
7. • $STX - Grayscale announces a live stream with Stacks co-founder Muneeb Ali, near q1un + 威: BTC88107, scheduled for 11am EST on June 6#strk币 #mnt #SEC败诉 #BTC☀️
If you don’t hurry up, don’t even think about drinking a sip of soup! Quickly read the following
1. The main line of hype: AI, games, social networking, MEME, public chains, pledges and wallets are still the main narrative lines of this round of bull market, and the rotation rhythm is still effective.
2. The best time to get on the train: The general direction is upward, so when the correction stabilizes after the surge, it is the best time to get on the train, and there is no need for too much technical analysis.
3. Long-term holding strategy: The experience of multiple rounds of bull market cycles shows that operations that abandon the chips bought at the bottom to chase the rise often do not make money or even lose money in the bull market. Only when the wind comes, long-term holding can get the maximum return. Choose the right coin and hold it, there are also short-term bands.
I sorted out the news:
1.• $MNT - Bybit has opened registration and identity verification for users from China
2.• $TAIKO - Upbit announced the listing of Taiko. Trading start date not confirmed
3.• $BORA - BORA announces BORA 3.0 release on June 11
4. • $MASK - Mask Network announces $MASK staking Season 1 is coming soon
5.• Nvidia has surpassed Apple as the second largest company by market cap, impacting momentum in the crypto AI space
6. • $DYDX - dYdX announces a major announcement tomorrow, hinting it will surpass their Android launch
7. • $STX - Grayscale announces a live stream with Stacks co-founder Muneeb Ali, near q1un + 威: BTC88107, scheduled for 11am EST on June 6#strk币 #mnt #SEC败诉 #BTC☀️
Per Musk, the SEC’s account wasn’t protected with two-factor authentication when it was compromised. The breach came a day ahead of today’s deadline for the regulator to decide on the ARK and 21 Shares spot Bitcoin ETF application.
#BTC #etf #ETH #mnt #arkb $BTC $BNB $SOL
The initiation of a bull market is undoubtedly contingent on the successful approval of the United States Bitcoin Spot ETF. ARKB, being one of the codes for a future Bitcoin Spot ETF approved by the U.S. SEC, a project led by Cathie Wood, is poised to receive widespread community acclaim with profound significance. BRC20's ARKB, an excellent counterpart, is destined to be a dark horse project capturing significant community attention. If you missed out on sats, don't let BRC20's ARKB slip through your fingers. On January 10, 2024, within the SEC's fourth decision round, ARKB is guaranteed approval because the saying goes, "third time's the charm," and it's improbable for a fourth delay or rejection.
ARK's #Bitcoin Spot ETF annual fee has been disclosed as 0.25%, marking them as the first issuer to publicly reveal such costs. The ETF is set to be listed for trading on the Chicago Stock Exchange. ARK Invest and 21Shares' Bitcoin Spot ETF has been added to the Depository Trust & Clearing Corporation (DTCC), with the trading code ARKB. Please note that these views are for reference, and investment should be approached with caution! Wondering where to buy or trade ARKB? A simple Google search for ARKB will lead you to one of the top trading markets. The community has opted for the popular io domain with ARKB as the prefix. It's essential to clarify that the BRC-20 token project ARKB has no affiliation with Ark Invest or 21 Shares, and this is hereby declared.
BREAKING: Ark and 21Shares are going for 0.25% fee + *NO FEE* for the first six months or until $1 billion in assets for the Spot BTC ETF!
#BTC #etf #ETH #mnt #arkb $BTC $BNB $SOL
The initiation of a bull market is undoubtedly contingent on the successful approval of the United States Bitcoin Spot ETF. ARKB, being one of the codes for a future Bitcoin Spot ETF approved by the U.S. SEC, a project led by Cathie Wood, is poised to receive widespread community acclaim with profound significance. BRC20's ARKB, an excellent counterpart, is destined to be a dark horse project capturing significant community attention. If you missed out on sats, don't let BRC20's ARKB slip through your fingers. On January 10, 2024, within the SEC's fourth decision round, ARKB is guaranteed approval because the saying goes, "third time's the charm," and it's improbable for a fourth delay or rejection.
ARK's #Bitcoin Spot ETF annual fee has been disclosed as 0.25%, marking them as the first issuer to publicly reveal such costs. The ETF is set to be listed for trading on the Chicago Stock Exchange. ARK Invest and 21Shares' Bitcoin Spot ETF has been added to the Depository Trust & Clearing Corporation (DTCC), with the trading code ARKB. Please note that these views are for reference, and investment should be approached with caution! Wondering where to buy or trade ARKB? A simple Google search for ARKB will lead you to one of the top trading markets. The community has opted for the popular io domain with ARKB as the prefix. It's essential to clarify that the BRC-20 token project ARKB has no affiliation with Ark Invest or 21 Shares, and this is hereby declared.
BREAKING: Ark and 21Shares are going for 0.25% fee + *NO FEE* for the first six months or until $1 billion in assets for the Spot BTC ETF!
📈 Analysis and Prediction (SHIB and MNT):
👍 #SHIB/USDT - Technical analysis on the weekly timeframe indicates that since August 2022, the price of #shib has fallen below the descending trend resistance line. The decline led to a minimum of $0.0000054 in June 2023. After several unsuccessful attempts to break through, Shiba Inu finally rose above the descending trend resistance line. At that point, the resistance had persisted for just over 480 days. After the breakthrough, the price reached a maximum of $0.000011 and started to fall again. However, last week, SHIB confirmed the trend line as support and rebounded. Forecast: The daily chart leans towards a positive trend. Price action shows that SHIB has been trading inside an ascending parallel channel since June 2022. Movement within the pattern led to a maximum of $0.0000119 on December 17, 2023. The rise confirmed the channel resistance line and initiated a downward movement. During the decline, the meme coin's price dropped below the channel's midline, and the RSI fell below 50. However, on January 8, Shiba Inu formed a bullish candle, rising above the minor support at $0.0000092. If the asset holds above this level, it could grow by 27% to the channel resistance line at $0.0000123.
🚀 #MNT/USDT - Well-known crypto traders and analysts remain optimistic about the future trend of MNT. Forecast: Technical analysis on the six-hour timeframe indicates that the price of #mnt will continue its parabolic rise. This is related to the wave pattern: the most likely calculation suggests that the asset is in the third wave of a five-wave growth. A 1:1 ratio of the first and third waves will lead to a maximum of $0.93, which is 17% higher than the current price. However, since the third wave often expands, it may reach a length of 1.61 times the first wave at $1.14.
📢 Share your insights with others and stay informed!
👍 #SHIB/USDT - Technical analysis on the weekly timeframe indicates that since August 2022, the price of #shib has fallen below the descending trend resistance line. The decline led to a minimum of $0.0000054 in June 2023. After several unsuccessful attempts to break through, Shiba Inu finally rose above the descending trend resistance line. At that point, the resistance had persisted for just over 480 days. After the breakthrough, the price reached a maximum of $0.000011 and started to fall again. However, last week, SHIB confirmed the trend line as support and rebounded. Forecast: The daily chart leans towards a positive trend. Price action shows that SHIB has been trading inside an ascending parallel channel since June 2022. Movement within the pattern led to a maximum of $0.0000119 on December 17, 2023. The rise confirmed the channel resistance line and initiated a downward movement. During the decline, the meme coin's price dropped below the channel's midline, and the RSI fell below 50. However, on January 8, Shiba Inu formed a bullish candle, rising above the minor support at $0.0000092. If the asset holds above this level, it could grow by 27% to the channel resistance line at $0.0000123.
🚀 #MNT/USDT - Well-known crypto traders and analysts remain optimistic about the future trend of MNT. Forecast: Technical analysis on the six-hour timeframe indicates that the price of #mnt will continue its parabolic rise. This is related to the wave pattern: the most likely calculation suggests that the asset is in the third wave of a five-wave growth. A 1:1 ratio of the first and third waves will lead to a maximum of $0.93, which is 17% higher than the current price. However, since the third wave often expands, it may reach a length of 1.61 times the first wave at $1.14.
📢 Share your insights with others and stay informed!
See original
MBL 1 hour, 4 hours
👉AI 24-hour trading strategy
I don’t know how to look at the current trend, is it going up or down?
Don’t know how to look at support and pressure? I don’t even know what level of buying and selling points are currently operating.
A complete set of AI trading strategies: "long and short prompts for entry and stop loss levels". As long as a novice follows the prompt rules, the winning rate is 99%!
#MBL.24小时交易 #sei #DYM #mnt #PIXEL $MBL
👉AI 24-hour trading strategy
I don’t know how to look at the current trend, is it going up or down?
Don’t know how to look at support and pressure? I don’t even know what level of buying and selling points are currently operating.
A complete set of AI trading strategies: "long and short prompts for entry and stop loss levels". As long as a novice follows the prompt rules, the winning rate is 99%!
#MBL.24小时交易 #sei #DYM #mnt #PIXEL $MBL
$MNT
Bearish Outlook on 4H 🚨
The price action of $MNT is showing signs of a potential breakdown on the 4H TF.
Here are the key support areas to watch:
_~$0.73 (W)
This is a significant weekly support level. If the price approaches this level, it could serve as a strong support area where buyers might step in.
_~$0.69: This is another important support level. If the price breaks below the $0.73 level, the next major support to watch would be around $0.69.
Monitor these levels closely as they are potential areas where the price might bounce and reverse. If these supports fail to hold, it could indicate further bearish momentum for $MNT.
Be careful in leverage ⚠️
#mnt #altcoins #trading #ethereum #binance
Bearish Outlook on 4H 🚨
The price action of $MNT is showing signs of a potential breakdown on the 4H TF.
Here are the key support areas to watch:
_~$0.73 (W)
This is a significant weekly support level. If the price approaches this level, it could serve as a strong support area where buyers might step in.
_~$0.69: This is another important support level. If the price breaks below the $0.73 level, the next major support to watch would be around $0.69.
Monitor these levels closely as they are potential areas where the price might bounce and reverse. If these supports fail to hold, it could indicate further bearish momentum for $MNT.
Be careful in leverage ⚠️
#mnt #altcoins #trading #ethereum #binance
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TROY 👉AI 24-hour trading strategy
I don’t know how to look at the current trend, is it going up or down?
Don’t know how to look at support and pressure? I don’t even know what level of buying and selling points are currently operating.
A complete set of AI trading strategies: "long and short prompts for entry and stop loss levels". As long as a novice follows the prompt rules, the winning rate is 99%!
#TROY.24小时交易策略 #sei #DYM #mnt #PIXEL $TROY
I don’t know how to look at the current trend, is it going up or down?
Don’t know how to look at support and pressure? I don’t even know what level of buying and selling points are currently operating.
A complete set of AI trading strategies: "long and short prompts for entry and stop loss levels". As long as a novice follows the prompt rules, the winning rate is 99%!
#TROY.24小时交易策略 #sei #DYM #mnt #PIXEL $TROY
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The crypto market is divided into concept sectors. In the past 7 days, the scale of capital inflows has been concentrated in several major areas such as Avalanche Ecosystem, #arbitrum Ecosystem, Optimism Ecosystem and #solana生态 . In the past week, many currencies have also seen a large rotation increase, such as #BabyDoge , #CRV , #mnt , ERGEN and PEPE tokens.
In addition, we need to note that some concept sectors have a large amount of net capital inflows, which is also partly due to the large issuance of stablecoins. According to statistics, Tether has issued 20 billion USDT on the Ethereum network and TRON network in the past month.
In addition, we need to note that some concept sectors have a large amount of net capital inflows, which is also partly due to the large issuance of stablecoins. According to statistics, Tether has issued 20 billion USDT on the Ethereum network and TRON network in the past month.
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Late at night
Are you still immersed in Bitcoin’s new high of 49,000?
Friends who continue to chase the rise after the decline has already occurred should put on the brakes.
Our extra 3,700 points have been pocketed
Don't do Dan tonight. Do one good thing! Jie set! Lock pill!
You can come to Zixun ❤️❤️❤️
#BTC #ETH #etf #ARB #mnt $BTC $ETH $BNB
Are you still immersed in Bitcoin’s new high of 49,000?
Friends who continue to chase the rise after the decline has already occurred should put on the brakes.
Our extra 3,700 points have been pocketed
Don't do Dan tonight. Do one good thing! Jie set! Lock pill!
You can come to Zixun ❤️❤️❤️
#BTC #ETH #etf #ARB #mnt $BTC $ETH $BNB
Why are the poor the greatest wealth of the rich?
I used to think that the reason why the rich became rich was because they broke free from the shackles of poverty and reached their ideal state.
So, I worked hard to learn from them and wanted to become like them, until later I met one or two rich people in reality who had tens of orders of magnitude more wealth than me and I realized that the truth was not so!
I always thought that the greatest wealth of the rich was their cognition, thinking, vision, pattern and ideal. I thought that the rich were perfect in every aspect, but in fact the rich also have the same human weaknesses as us, such as greed, laziness, etc.
Later I understood that the greatest wealth of the rich was actually the poor!
The poor are their money trees. It is the poor who provide them with the opportunity to make money!
They told me that if you want to get rich quickly, you should study where the poor spend their time and money, and then try to empty their pockets!
Otherwise, look at some treasure, some duo, some sound, some group, some hand. Who are their main consumer groups?
99% are wage earners, how many real rich people would waste time and money in these places?
I suddenly realized that the rich just seized a weakness of the poor and catered to their preferences, and they could always make money from the poor.
When the whole society has a low understanding of wealth and falls into the trap of consumerism, the wealthy capitalists can often "lie down" and make money!
#BTC #ETH #strk #PIXEL #mnt
$BTC $ETH
I used to think that the reason why the rich became rich was because they broke free from the shackles of poverty and reached their ideal state.
So, I worked hard to learn from them and wanted to become like them, until later I met one or two rich people in reality who had tens of orders of magnitude more wealth than me and I realized that the truth was not so!
I always thought that the greatest wealth of the rich was their cognition, thinking, vision, pattern and ideal. I thought that the rich were perfect in every aspect, but in fact the rich also have the same human weaknesses as us, such as greed, laziness, etc.
Later I understood that the greatest wealth of the rich was actually the poor!
The poor are their money trees. It is the poor who provide them with the opportunity to make money!
They told me that if you want to get rich quickly, you should study where the poor spend their time and money, and then try to empty their pockets!
Otherwise, look at some treasure, some duo, some sound, some group, some hand. Who are their main consumer groups?
99% are wage earners, how many real rich people would waste time and money in these places?
I suddenly realized that the rich just seized a weakness of the poor and catered to their preferences, and they could always make money from the poor.
When the whole society has a low understanding of wealth and falls into the trap of consumerism, the wealthy capitalists can often "lie down" and make money!
#BTC #ETH #strk #PIXEL #mnt
$BTC $ETH
See original
🚀 News Flash 🚀
Livio Weng, chief operating officer of HashKey Group, revealed that Hong Kong is ushering in a wave of virtual asset spot ETFs! About ten fund companies are actively preparing to launch this new financial product, and seven or eight of them have entered the actual promotion stage. Behind this news is the U.S. Securities and Exchange Commission’s expectation for approval of 13 Bitcoin spot ETFs, as well as the important measures of the Hong Kong Securities Regulatory Commission and the Hong Kong Monetary Authority to announce in December 2023 that they are ready to accept applications for recognition of virtual asset spot ETFs.
🌟 This means that Hong Kong is expected to become the first market in Asia to allow the listing of virtual asset spot ETFs, bringing huge development opportunities to the entire industry. HashKey Exchange, as one of the only two virtual asset exchanges in Hong Kong licensed by the Hong Kong Securities and Futures Commission, will play a key role in the launch of virtual asset spot ETFs and participate in important links involving virtual asset trading and custody.
🔍 The emergence of this emerging market marks that virtual asset financial products are gradually moving into the mainstream, providing investors with more diversified choices. It is expected that in Hong Kong, an international financial center, virtual asset spot ETFs will bring more convenience and opportunities to investors. #BONK #mnt #ETH #OP #ARB $LDO $PERP $REQ
Livio Weng, chief operating officer of HashKey Group, revealed that Hong Kong is ushering in a wave of virtual asset spot ETFs! About ten fund companies are actively preparing to launch this new financial product, and seven or eight of them have entered the actual promotion stage. Behind this news is the U.S. Securities and Exchange Commission’s expectation for approval of 13 Bitcoin spot ETFs, as well as the important measures of the Hong Kong Securities Regulatory Commission and the Hong Kong Monetary Authority to announce in December 2023 that they are ready to accept applications for recognition of virtual asset spot ETFs.
🌟 This means that Hong Kong is expected to become the first market in Asia to allow the listing of virtual asset spot ETFs, bringing huge development opportunities to the entire industry. HashKey Exchange, as one of the only two virtual asset exchanges in Hong Kong licensed by the Hong Kong Securities and Futures Commission, will play a key role in the launch of virtual asset spot ETFs and participate in important links involving virtual asset trading and custody.
🔍 The emergence of this emerging market marks that virtual asset financial products are gradually moving into the mainstream, providing investors with more diversified choices. It is expected that in Hong Kong, an international financial center, virtual asset spot ETFs will bring more convenience and opportunities to investors. #BONK #mnt #ETH #OP #ARB $LDO $PERP $REQ
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COOK coin airdrop value (YT MNT) vs PT MNT, which one is better?
Continuing the theme mentioned in yesterday's article, we will update some data. After half a day of accumulation, YT has now dropped back to 29x bonus effect, and PT has increased to 45.25% APY.
I know that many friends who use $PENDLE like to use YT to amplify their profits, but in today's case, I have a more conservative view on the estimated value of COOK tokens.
Although many people in the community now calculate FDV based on the total amount and initial supply of COOK and estimate that the initial currency price of COOK may be 0.03~0.07. (I won’t quote other people’s calculations here. Those who are interested can use the information I just mentioned to calculate)
But I think the more important point is
1. COOK does not have the participation of investment institutions, which means that it does not have a private placement price. Everything is priced by the market after it is put on the shelves.
2. At this stage, COOK does not reveal much information except the project name and basic token economics. The purpose of the token and the corresponding currency price support are not clear.
In short, all price estimates will eventually return to how much value the market is willing to accept. Friends can think for themselves: Will you buy it for the narrative of "liquidity re-hypothecation protocol tokens"? Then you will know how much you are willing to pay to support its initial currency price in its early stages.
Author's note:
As far as I am concerned, I have a conservative investment style, and I prefer real returns, so I think the PT of 45% APY is more attractive to me and attractive enough.
Of course, friends can still use YT to pursue higher revenue and critical hit rates, but they just need to bear the relative cost risks.
-------------------------------------------------- --------
※ The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and assess their personal risk tolerance.
#PENDLE🔥🔥 #COOK #Airdrops! #FDV #mnt
Continuing the theme mentioned in yesterday's article, we will update some data. After half a day of accumulation, YT has now dropped back to 29x bonus effect, and PT has increased to 45.25% APY.
I know that many friends who use $PENDLE like to use YT to amplify their profits, but in today's case, I have a more conservative view on the estimated value of COOK tokens.
Although many people in the community now calculate FDV based on the total amount and initial supply of COOK and estimate that the initial currency price of COOK may be 0.03~0.07. (I won’t quote other people’s calculations here. Those who are interested can use the information I just mentioned to calculate)
But I think the more important point is
1. COOK does not have the participation of investment institutions, which means that it does not have a private placement price. Everything is priced by the market after it is put on the shelves.
2. At this stage, COOK does not reveal much information except the project name and basic token economics. The purpose of the token and the corresponding currency price support are not clear.
In short, all price estimates will eventually return to how much value the market is willing to accept. Friends can think for themselves: Will you buy it for the narrative of "liquidity re-hypothecation protocol tokens"? Then you will know how much you are willing to pay to support its initial currency price in its early stages.
Author's note:
As far as I am concerned, I have a conservative investment style, and I prefer real returns, so I think the PT of 45% APY is more attractive to me and attractive enough.
Of course, friends can still use YT to pursue higher revenue and critical hit rates, but they just need to bear the relative cost risks.
-------------------------------------------------- --------
※ The above content is purely personal sharing and does not constitute investment advice (NFA). Users are advised to DYOR and assess their personal risk tolerance.
#PENDLE🔥🔥 #COOK #Airdrops! #FDV #mnt
How to earn up to 95x $COOK mining points on Pendle?
Earlier today, Pendle launched a new product - MNT pool on Mantle Chain.
Let’s take a look at how to use the MNT in your hands to maximize the benefits of COOK tokens!
MNT products on Pendle (screenshot from Pendle website)
Through Pendle, MNT holders can exchange MNT for YT (leverage point income), PT (fixed income), or provide LP liquidity. The following are respectively explained:
1. Product function
1.1 YT MNT
YT MNT (screenshot from Pendle website)
Earnings: YT can provide a leverage effect to help MNT holders improve the efficiency of Mantle Power for staking COOK tokens at Mantle Rewards Station. Currently, the highest point income is 95x.
Let’s take a look at how to use the MNT in your hands to maximize the benefits of COOK tokens!
MNT products on Pendle (screenshot from Pendle website)
Through Pendle, MNT holders can exchange MNT for YT (leverage point income), PT (fixed income), or provide LP liquidity. The following are respectively explained:
1. Product function
1.1 YT MNT
YT MNT (screenshot from Pendle website)
Earnings: YT can provide a leverage effect to help MNT holders improve the efficiency of Mantle Power for staking COOK tokens at Mantle Rewards Station. Currently, the highest point income is 95x.