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Mantix pre-sale has launched, intensifying competition with Hyperliquid and dYdX.
According to Deep Tide TechFlow news on May 24, as reported by Coinpedia, the decentralized exchange Mantix has launched its first phase token presale, and analysts predict that its token MTX is expected to achieve a 100-fold rise by 2025.
Mantix provides cross-chain trading, deep liquidity, instant settlement, and up to 1000 times leverage, driven by the MTX Token to power its rewards ecosystem. Token holders can earn platform revenue sharing without directly providing liquidity, and the platform employs a buyback and burn mechanism, giving MTX deflationary attributes.
Meanwhile, Hyperliquid's HYPE Token has entered the global top 20, currently priced at approximately 35.28 dollars, with a market capitalization of 8.77 billion dollars; dYdX has launched a monthly buyback plan, using 25% of its monthly net income to purchase tokens from the market and stake them, which has caused its token price to rise nearly 8.5% to 0.6581 dollars.
The MTX Token is currently priced at $0.02 in the pre-sale, and analysts expect it could achieve a 100x rise by mid-2026.