The post Why Are Sui and Avalanche Holders So Excited About Mantix (MTX): What We Know About the New Impressive ICO appeared first on Coinpedia Fintech News
The emergence of a new decentralised exchange, Mantix, currently in the presale stage, has continued to excite crypto investors and enthusiasts, who are liquidating their holding in tokens like Sui (SUI) and Avalanche (AVAX) to buy high-potential altcoins like $MTX.
It’s no news that cryptocurrency investors are always searching for high-potential altcoins to buy. And $MTX is turning investors’ heads, making them consider their investment decisions in SUI and AVAX.
Although Sui (SUI) and Avalanche (AVAX) were once top investment choices, the tokens seem to have run out of momentum. With no major upgrades, enthusiasm or utility, SUI and AVAX’s outlook is bearish.
BanklessTimes, a crypto update platform, predicted a bearish outlook for the Avalanche price: “Avalanche price has remained in a technical bear market after crashing by over 30% from its highest level in December. The AVAX token crashed to $36 as other cryptocurrencies plunged. The outlook isn’t looking good.”
So why is Mantix making investors excited?
A Revolutionary Dex
Unlike typical decentralised exchanges, Mantix offers a clear vision and ready-to-deploy utility. It offers every utility a trader can ever dream of: cross-chain swaps, bridge, deep liquidity and stake across different blockchain networks all at a low fee.
It also offers up to 1000x leverage for futures traders, a feature typically reserved for centralised platforms like Binance or BitMEX, but now fully decentralised.
Revenue-sharing and governance perks
Mantix isn’t just a regular Dex; it’s built on transparency and decentralised governance, prioritising its community. Mantix’s native token, $MTX, functions beyond a trading token; it’s a utility and governance asset.
Presale buyers and early holders will benefit from a revenue-sharing model they will earn passively by holding a token and participating on the platform. This is a fantastic offer to Sui (SUI) and Avalanche (AVAX) investors, who are used to staking and participating in risky liquidity pools before earning.
Mantix is built on decentralised governance, holders can vote and participate in decisions about the platform’s future upgrades and direction. The bigger your $MTX bag, the greater your voting power.
Mantix is transparent and there’s no risk of whales manipulating the $MTX price or making decisions in the dark.
Scarcity, burns and long-term sustainability
The Mantix presale is pegged at a fixed supply of 1.2 billion tokens. With a $10 million soft cap and a $30 million hard cap, the ICO is designed for long-term sustainability.
Furthermore, Mantix’s token burn mechanisms and buybacks from trading revenues will help control supply, which will cause scarcity over time and increase the token price. $MTX is clearly a better option than SUI and AVAX.
You are still early. Join the $MTX presale now at $0.02 before the 100x surge!
Find Out About The Newest Online Trading Platform Below
Website: https://mantix.exchange