What is Mantle (MNT)?

Cryptocurrency
What is Mantle (MNT)?
Mantle (MNT) is an innovative Layer-2 blockchain solution developed to address Ethereum’s issues with speed, cost, and scalability. Mantle allows users to perform transactions much faster and at lower fees while maintaining Ethereum’s secure infrastructure.
This structure ensures more efficient operation of DeFi, NFT, and Web3 projects. Thanks to its modular design, Mantle provides flexibility to developers and enhances the overall performance of the network. Thus, it offers a powerful infrastructure for projects that aim for high efficiency while operating in integration with the Ethereum ecosystem.

What is MNT Coin?

MNT Coin is the native cryptocurrency of the Mantle Network. It is used in governance processes within the network, allowing users to have a say in decisions about the ecosystem’s future. It also plays an active role in paying transaction fees, staking, and incentive mechanisms.
MNT Coin is built on Ethereum’s ERC-20 standard. Therefore, users can safely store MNT in Ethereum-compatible wallets. Positioned at the center of the Mantle ecosystem, MNT supports network security and encourages user participation.

Which Country Does MNT Coin Belong To?

MNT Coin does not have developers from a specific country. However, Mantle Network is a decentralized project managed by a global community. The project originated with contributions from Asia-based developer communities but is now supported by independent developers worldwide.
Since Mantle aims to improve Ethereum’s scalability on a global scale, it is independent of any geographical boundaries. Awareness of MNT Coin is also increasing in Turkey, especially among users interested in Ethereum-based DeFi projects.

When Was MNT Coin Released?

mnt coin

The Mantle (MNT) project was officially launched in 2023. It emerged from the restructuring of the BitDAO ecosystem and quickly attracted attention in the crypto world.
The project aimed to create a faster, lower-cost, and more scalable infrastructure for users transacting on the Ethereum network. After its launch, MNT Coin began trading in crypto markets as both a governance and an in-ecosystem utility token.
Since Mantle’s development process is built on a community-supported structure, the project is guided by developer communities rather than a central organization.

How Does Mantle (MNT) Work?

Mantle is a blockchain network built on modular Layer-2 architecture. It relies on Ethereum’s security but processes transactions on its own second layer and submits the results to the main network in batches. This structure, enabled by “Rollups technology,” provides high speed and low costs.
Mantle’s uniqueness lies in separating the execution, consensus, and data availability layers. This allows the network to maintain high performance even under heavy transaction loads.
In short, Mantle operates in a structure compatible with Ethereum, offering both developers and users a faster and more efficient transaction experience.

How to Buy MNT Coin?

To buy MNT Coin, you must first create an account on a reliable cryptocurrency exchange. In Turkey, one of the platforms where users can trade easily, quickly, and securely is CoinTR. You can complete your purchase by following these steps:
  1. Register and complete your identity verification (KYC).
  2. Deposit Turkish Lira (TRY) into your account.
  3. Go to the Spot Trading section and select the MNT/USDT or MNT/TRY trading pair.
  4. Enter the amount you wish to buy and confirm the transaction.
  5. The purchased MNT Coin balance will automatically appear in your CoinTR wallet.
CoinTR makes the MNT Coin purchasing process secure, fast, and easy with its user-friendly interface, high liquidity, low transaction fees, and strong security measures.

Where to Buy MNT Coin?

MNT Coin can be easily purchased through CoinTR, a reliable cryptocurrency exchange operating in Turkey. CoinTR offers users a safe trading experience with TRY pairs, low transaction fees, high liquidity, and a strong security infrastructure.
Both beginner and experienced investors can easily buy and sell MNT Coin on the CoinTR platform in just three steps. With CoinTR, crypto trading is that easy!

MNT Coin Review

MNT Coin is the native token of the Mantle Network, which stands out with its modular architecture. The project was developed to enhance scalability within the Ethereum ecosystem, increase transaction speed, and reduce costs.
The Optimistic Rollups structure used by Mantle ensures that transactions are executed more efficiently and securely. This makes MNT Coin not only a governance tool but also a functional unit of value within the ecosystem.
Recently, Mantle has been actively adopted by developers and DeFi projects. This situation supports the expansion of MNT Coin’s use cases within the ecosystem.

MNT Coin Future Outlook

Mantle (MNT) is one of the most notable projects focusing on scalability and transaction efficiency within the Ethereum ecosystem. Its modular structure allows the network to maintain performance even with increasing transaction volumes, making Mantle one of the strong projects for the future.
The project’s development process is based on a community-driven governance model. This increases the sustainability of the ecosystem and allows users to contribute directly to the project.
As Ethereum-based DeFi and Web3 applications continue to grow, the adoption rate of the Mantle Network may also increase. The future of MNT Coin is closely related to the network’s technical development, developer interest, and general market conditions.

MNT Coin Conclusion

Feature Information
Project Name Mantle (MNT)
Token Symbol MNT
Network Ethereum (ERC-20)
Launch Year 2023
Total Supply 6.2 billion MNT
Technology Layer-2 “Modular Rollups”
Use Case Governance, incentives, transaction fees
Listed Exchange CoinTR (MNT/TRY, MNT/USDT)
Category Scalability / Layer-2 / Ethereum Ecosystem
 

FAQ

Is MNT Coin supply limited?

Yes. The total supply of MNT Coin is set at 6.2 billion units. This supply amount enters circulation gradually over time and may be updated according to governance decisions.

What was MNT Coin’s all-time high?

After its launch, MNT Coin reached its all-time high (ATH) of approximately $0.60 in July 2023. This value may vary depending on market conditions and general crypto trends.

Which network is MNT Coin on?

MNT Coin is an ERC-20 token running on the Ethereum network. This structure allows users to securely store their assets in Ethereum-compatible wallets and interact with on-chain applications.

How much is MNT Coin in USD?

The current price of MNT Coin varies according to market conditions. For the most accurate and real-time price information, you can check the MNT/USDT trading pair on CoinTR.

How much is MNT Coin in Turkish Lira (TRY)?

The value of MNT Coin in Turkish Lira (TRY) changes depending on the dollar exchange rate and crypto market movements. Users can easily view the current TRY price by checking the MNT/TRY trading pair on CoinTR.
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Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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