#MNT (Mantle)

Why the mantle is so fascinating to look at

1. Bybit + Bitdao = Mantle 
   This means that Bybit has a backup. 
2. Mantle's ecosystem is very young, with a $200 million eco-fund for Mantle's DeFi summer.

3. Mantle's financials are very healthy compared to FDV, and it appears to be diversifying its assets relative to other projects.
4. It is unknown in many ways, and it is possible to stably increase assets.
   1. airdrop by contributing to the early mantle ecosystem through MNT tokens

2. MNT price appreciation and interim profits from the launchpad and launchpool on the Bybit exchange
   3. significant profit share from Mantle dapps (15% for USDT and ~7% for ETH in total, with mETH being the 4th largest LSD)

There will continue to be other Layer 1s besides Ethereum, and there will continue to be chains that are used in other senses of the word, but from a security perspective, institutional and retail investors will continue to use Ethereum-based Layer 1s, so Layer 2 will continue to be a growing market.

My personal view

Mantle believes the ecosystem is just gaining momentum and will continue to grow.
At the moment, it has room to rise to $1.5 to $2, but it certainly looks attractive from a distance. Among exchanges, Bybit is ranked third overall, and would only need to follow BNB's path for half the price increase.