Top cryptocurrencies to watch this week: MANTA, SHIB, FTT
Manta Network (MANTA), Shiba Inu (SHIB), and FTX Token (FTT) are among the top cryptocurrencies to command considerable attention this week.
- Manta is currently trading at $3.54.
- Shiba Inu, $0.0000091342
- FTT, $2.80
MANTA clinches new ATHs
Manta Network launched its native token MANTA last week, with a total supply of 1 billion tokens and a 2% annual inflation rate. The token has been positioned for purposes bordering on fees, staking and liquidity.
MANTA opened trading on Jan. 18 with a $0.05 price. It continued to appreciate in value. The asset eventually rallied by a massive 6,559% to a new all-time high of $3.33 that day. Despite a correction that ensued following the $3.33 high, MANTA retained most of its gains, closing Jan. 18 with a 4,240% rise.
The days that followed were marked by drops and upswings, but the token maintained a general uptrend. MANTA sustained this uptrend into this week despite recording a massive 8.89% decline on Jan. 22, its largest intraday drop.
The asset recovered these losses, securing a new all-time high on Jan. 28, as it rallied to $3.89 amid another batch of consistent daily gains. MANTA has secured eight intraday gains in 11 days, as it looks to rally its way into the limelight. The token surged 34% this past week.
