Monero

Manta Network

In this analysis, we explore the latest updates concerning Manta Network (MANTA) and the obstacles encountered by Monero (XMR) after Binance decided to remove it from its listings.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Cryptos-Headlines-Token-Airdrop-Is-Live-Claim-Your-Reward-Now-1.png?fit&#61;900%2C200&amp;ssl&#61;1" />Shortly after launching its governance token on January 18, Manta Network (MANTA) encountered a DDoS attack, disrupting its operations on major exchanges. Coin98 is contemplating a partnership to improve accessibility for MANTA. Meanwhile, <a href="https://cryptosheadlines.com/binance-removes-several-aud-trading-pairs-delisting-announcement/" rel="noopener noreferrer nofollow">Binance announced it will delist</a> Monero (XMR) starting February 20, leading to a 19% decline in XMR’s value and affecting other cryptocurrencies on the exchange. OKX had previously made a similar decision for user safety.<h3 id="manta-network-manta-overcomes-ddos-attack">Manta Network (MANTA) Overcomes DDoS Attack</h3>Manta Network (MANTA) encountered a Distributed Denial of Service (DDoS) attack on January 18, shortly after launching its <a href="https://cryptosheadlines.com/ryoshi-plans-to-introduce-governance-token-with-200-million-in-total-supply/" rel="noopener noreferrer nofollow">governance token</a>. This attack disrupted MANTA’s operations on prominent exchanges like KuCoin, Binance, and Bithumb. Coin98, a major crypto platform, has shown interest in partnering with MANTA to enhance accessibility. The attack exploited MANTA’s Remote Procedure Call (RPC), generating nearly 135 million hoax requests that disrupted its operations.Despite these challenges, founder Kenny Li assured that the situation was under control. However, regulatory scrutiny in South Korea over <a href="https://cryptosheadlines.com/the-fbi-seizes-9-cryptocurrency-exchanges-due-to-allegations-of-money-laundering/" rel="noopener noreferrer nofollow">alleged money laundering</a> accusations caused a significant drop in MANTA’s token value since January 22. As of February 11, MANTA was valued at $2.86, down 1.82% over the past week. Nevertheless, experts anticipate a rise to $3.65 by the end of February, leveraging the <a href="https://cryptosheadlines.com/current-crypto-market-trends-decline-in-btc-eth-and-pepe-coin-prices/" rel="noopener noreferrer nofollow">current bullish momentum in the crypto market</a>.<h3 id="monero-xmr-navigating-the-storm-of-delistings">Monero (XMR): Navigating the Storm of Delistings</h3><a href="https://cryptosheadlines.com/attention-required-from-shiba-inu-and-xrp-holders-due-to-recent-binance-announcement/" rel="noopener noreferrer nofollow">Binance Exchange recently announced</a> its decision to delist Monero (XMR) starting February 20, 2024, causing a sharp decline of over 19% in XMR’s value. This move, driven by security concerns, extends beyond Monero (XMR) to other cryptocurrencies also facing delisting from Binance. Similarly, OKX made a similar decision in January to delist certain cryptocurrencies, including Monero (XMR), to ensure user safety.<a href="https://cryptosheadlines.com/ryoshi-plans-to-introduce-governance-token-with-200-million-in-total-supply/" rel="noopener noreferrer nofollow">Also Read: Ryoshi Plans to Introduce Governance Token with 200 Million in Total Supply</a>On-chart data for Monero (XMR) indicates it’s trading in a volatile and bearish zone, despite the broader <a href="https://cryptosheadlines.com/crypto-markets-surge-bitcoin-jumps-3k-to-38k-adds-60b-daily/" rel="noopener noreferrer nofollow">crypto market surge led by Bitcoin</a> (BTC). As of February 11, Monero (XMR) was trading at $118.43, down 29.65% over the past week. Experts anticipate a further decline toward the $100.00 psychological zone due to increased <a href="https://cryptosheadlines.com/nansen-selling-pressure-on-ether-after-shanghai-upgrade-was-insignificant/" rel="noopener noreferrer nofollow">selling pressure</a> and delisting from major exchanges.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

MANTA and Monero (XMR) Price Action Seen as Weak

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