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Manta Price Prediction and Tokenomics Analysis
Total supply = 1,000,000,000
Annual inflation rate = 2%
Circulating supply at TGE = 251 million
⭐️ Similar to other projects, Manta allocates over 30% of their tokenomics to the team, advisors, investors, and fundraising rounds. Here's the breakdown:
- Team: 10% = 100 million Locked for 18 months, then vesting for 48 months
- Institutional Investors: 6% = 60 million Locked for 12 months, then vesting for 36 months
- Strategic Investors: 6.17% = 61.8 million Locked for 12 months, then vesting for 36 months
- Private Round: 12.94% = 129.4 million Locked for 12 months, then vesting for 36 months
🔐 The above tokenomics are locked, so there won't be selling pressure at TGE.
⭐️ Selling pressure will come from:
- Foundation: 13.5% = 13.5 million Linear vesting over 72 months from TGE (135 million distributed evenly over 72 months, approximately 1.9 million tokens per month)
- Ecosystem: 21.19% = 211.9 million 50 million unlocked at TGE, the rest vesting over 48 months
- Advisors: 8.1% = 81 million 25 million unlocked at TGE, the rest vesting over 30 months
- Public Sale: 8% = 80 million 50% at TGE, 50% vesting over the next 6 months
- Airdrop 1: 5.6% = 56 million 100% unlocked at TGE (claim period of 6 months)
- Airdrop 2: 6.5% = 65 million 50 million unlocked at TGE, 15 million unlocked 3 months later
- Binance Launchpool: 3% = 30 million 100% unlocked at TGE on Binance
Circulating supply at TGE:
1.9 + 50 + 25 + 40 + 56 + 50 + 30 = 252.9 million
The largest selling pressure is expected to come from the airdrop recipients.
Total airdrop tokens received at TGE from New Paradigm and Into the Blue = 106 million
Additionally, selling pressure from the project's ICO is noteworthy, as the ICO price was $0.36/token -> at the current OTC price, they are making a profit of 7x.
💵 Token price prediction at TGE:
With a circulating supply of 252.9 million, a reasonable price would be $2-2.5.
However, it's possible to see a scenario similar to -, where airdrop recipients sell and the price increases by 10x.
The market cap would be around $500-650 million.
Similarly, if someone bought OTC at $4, there's a possibility of buying the peak.
Buying OTC at $4-5, then dropping to $1.2, and TGE at $1.
The above is personal analysis, not investment advice. Please use this information to understand the project better and refrain from making investment decisions solely based on it.
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