We asked @_jhunsaker of @monad why investors are burned out on infra tokens.
"I think people are burnt out on Infra just because a lot of Infra hasn't been innovative."
"Infra has also been, I've said in some of my tweets, one trick ponies."
"It's not really their fault, it's the people that go along with it and throw their money at that thing."
"These guys came up with this one little improvement to a consensus algo and somehow that led to an entire new chain."
The Rollup
NEW EP: The Monad Thesis With James Hunsaker
The real bottlenecks holding back crypto adoption are latency and economic incentives, not just TPS.
In today's episode, @ayyyeandy sits down with @_jhunsaker of @monad to explore:
> How Sports Betting Inspired Monad's Vision
> Why TPS Numbers Are Misleading
> The Truth About Latency vs Throughput
> If Market Makers Really Need Nanosecond Speed
> Why Infra Tokens Burned Out Investors
Full episode links below.
Timestamps:
00:00 Intro
00:46 Magic Ad
01:16 Starknet Ad
01:41 Current State of High TPS Chains
09:01 Exploring CLOBs
14:42 Making Quality Trading Systems
17:02 Builder and UX Tradeoffs
26:07 SummerFi Ad
26:49 Mantle Ad
27:29 James' Takes on Latency
29:02 Monad’s Transaction Processing Time
32:03 L1 App Value Accrual
40:08 Monad Eco Thoughts
45:07 James Reacts to His Tweets
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코루
$MNT
If we're talking about the best performing coin among L2s, I definitely think it's Mantle.
But what about Arbitrum and Optimism? Why is that?
Well, it's because it's a coin from @Bybit_Official.
Looking at the movements of Bybit and MNT, it's clear that they aim to expand into the overall asset market, which is now referred to as traditional finance in crypto.
Bybit connects the outside world to crypto.
$MNT is trying to create an environment where crypto can provide the same experience as external markets.
I think this combination is really good.
——
While attracting external funds is important, having those external funds "stay" is a different level.
Both are important... but doing both is really difficult.
However, it feels like Bybit and Mantle are managing this quite well...
Anyway, that's the feeling I get~ and the actual performance of $MNT being better than other L2s is something you can see with your own eyes.
I think it will be necessary to keep an eye on it.
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24
Eliza Crichton-Stuart
Party Icons $100K+ Prize Pool
Party Icons has launched Closed Beta 3, introducing the first-ever X League - a 14-day competitive event with real rewards.
Here's what's new:
➡️ $100K+ prize pool, community-funded and growing
➡️ 3M $PARTY token airdrop, plus $MNT and $RON rewards
➡️ New gameplay modes: Party Heist (Solo) and Carnival Clash
➡️ Join by purchasing an X-PASS or signing a free sponsorship contract
➡️ Earn through gameplay or passively as a Mask or Stakeholder
The X League runs from July 20 to August 3, giving players a limited-time chance to compete, earn, and have fun!
Read more here:
Show original
6.46K
11
CUZZIN 🇺🇸
A lot of green this week in the top 💯
Show original
15.09K
4
MNT price performance in USD
The current price of mantle is $0.000032236. Over the last 24 hours, mantle has increased by +241.07%. It currently has a circulating supply of 1,000,000,000 MNT and a maximum supply of 1,000,000,000 MNT, giving it a fully diluted market cap of $32.24K. The mantle/USD price is updated in real-time.
5m
+35.80%
1h
+241.07%
4h
+241.07%
24h
+241.07%
About Mantle (MNT)
Mantle (MNT) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Mantle (MNT)?
As a decentralized currency, free from government or financial institution control, Mantle is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Mantle involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Mantle (MNT) prices and information here on OKX today.
How to buy and store MNT?
To buy and store MNT, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying MNT, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.8K new posts about Mantle, driven by 567 contributors, and total online engagement reached 210K social interactions. The sentiment score for Mantle currently stands at 84%. Compared to all cryptocurrencies, post volume for Mantle currently ranks at 3489. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Mantle.
Powered by LunarCrush
Posts
1,780
Contributors
567
Interactions
209,858
Sentiment
84%
Volume rank
#3489
X
Posts
1,688
Interactions
209,006
Sentiment
85%
MNT FAQ
What’s the current price of Mantle?
The current price of 1 MNT is $0.000032236, experiencing a +241.07% change in the past 24 hours.
Can I buy MNT on OKX?
No, currently MNT is unavailable on OKX. To stay updated on when MNT becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of MNT fluctuate?
The price of MNT fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Mantle worth today?
Currently, one Mantle is worth $0.000032236. For answers and insight into Mantle's price action, you're in the right place. Explore the latest Mantle charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Mantle, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Mantle have been created as well.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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