Analyses about Manta token for SPOT ✍️
Fundamentally, Manta token is due to the use of zkSNARKs technology, ⚡️
which provides private and secure transactions for its users. It has a great potential to have many users.💥
⚡️Due to the great reception of people in the crypto space and the high capital demand from this network, as well as having powerful supporters such as Celestia, investing in the spot mode and also finding the right entry point to have a long position, Manta can be one of the best options of this the days be for us.
Also, according to the technical chart of this token, which is in a good position, it can be said that after breaking the 3.713 point, it is a good time to enter a long position.🔥
Benefit
Keep Alert CPI reported Lower INTENTIONALLYThis is a risk caused by benefit conflict.
Why gov reports CPI lower than prediction?
(1) hide the fact of inflation
(2) higher CPI => investors ask higher interest rate of bonds => gov pays more interest on debts
(3) higher interest rate of bonds => not good for non-growing stocks => companies collect less money from stock markets but need to release more bonds.
I have bought USD. Should I cut loss?
(1) I guess it is stop hunting. If stop hunting is executed, I consider buy more.
What we can do?
(1) I encourage people expose more evidences show CPI is actually higher than gov claims.
(2) Inflation is different from devaluation of debts. If consumer price becomes cheaper, we have more money to return debts, so cheaperer consumer price can also approaches devaluation of debts.