Bitcoin (BTC) Testing Range Lows, and Ethereum Has Tapped Its Lowest Price Since November 2023 Today – So It’s a Huge Opportunity

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Bitcoin (BTC) and Ethereum (ETH) have been hot topics of conversation throughout 2024, but another cryptocurrency that has performed exceptionally well this year is Mantra.

While the total crypto market cap is down 3.8% in the past 24 hours, and Bitcoin and Ethereum have also bled lower, Mantra is up 2.5% in the same window. Clearly, investors see real value in the Mantra use case.

Indeed, Mantra is a real-world assets-focused layer 1 blockchain, providing a regulatory-adherent environment for institutions to tokenize their assets. This use case veers outside the walled garden of normal crypto use cases and penetrates the traditional financial system.

It’s a unique angle that few other blockchains offer, and it could be a key factor in Mantra’s stellar price performance this year.

Mantra price surges 2,000% in 2024

Mantra has a $6 billion market cap, placing it among the hottest-five cryptocurrencies. It’s also now more valuable than XRP and Ethereum.

Those following the crypto market closely will know that these superb highs come after a year of continual strength for Mantra.

In fact, Mantra’s price has surged by 2,000% in the past year, while Bitcoin and Ethereum managed gains of around 150% and 350%, respectively, in the same period.

This shows just how valuable investors believe Mantra is becoming, and it’s no surprise to see the coin performing so well even as the market bleeds out.

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