Ethereum (ETH) Backers Buy Into AI-Driven Mantix (MTX) As New Crypto Platform Impresses In ICO

Ethereum is walking on a tightrope! Trump’s tariff threat against the EU and Apple has rattled the crypto market. The US President said he’s “not looking for a deal,” which resulted in a $560M liquidation in the crypto market. Ethereum wasn’t spared. The altcoin fell below $2,500.

However, while many Ethereum investors were reeling from losses, the forward-thinking ones doubled down with a new crypto gem, Mantix Exchange. This DeFi protocol has made a name for itself and its presale stats are a testament to its potential. Over $600k was raised on the opening day and analysts believe it could emerge as a top-five DEX protocol after launch. Let’s find out why.

Ethereum risks double-digit loss as Trump’s tariff threat triggers $560M liquidation.

The crypto market is down in the dumps after the US President threatened the EU and Apple with a 50% levy on EU goods and a 25% tariff on foreign-made iPhones. The global market trembled, and crypto wasn’t spared. The threat resulted in a staggering $560 million wipeout in crypto positions. Ethereum took a hit, too. The altcoin has slipped 10% from its monthly high of $2,730 after an electrifying month on the chart. 

Analysts at Glassnode reported a surge in investors’ cost basis. In other words, ETH investors are jumping the ship. A sustained momentum can trigger a double-digit percent decline to $2,100 and below. Adding to the challenge, Ethereum is losing its grip on DeFi. The network now commands just 51.24% of the $117.8 billion Total Value Locked in DeFi down from 91% in 2021, with Solana, SUI, Tron and Bitcoin closing in fast.

Despite the gloomy outlook, institutional interest in Ethereum is still strong. The altcoin saw $120.54 million in net inflows from whales, and US spot ETF. Analysts believe Ethereum can get back on track if it can rebound near the psychological resistance at $2,800. Meanwhile, failure to hold the line could open the floodgates to more corrections.

Flight to safety: Ethereum maxis flock to Mantix Exchange presale for 100x gains

Ever since Mantix Exchange launched its presale, it has taken over crypto media headlines and Ethereum investors have been snapping up their shares. The stats don’t stutter! The MTX presale raised a colossal $600k on day 1. Analysts are even more bullish, pointing to Mantix’s unique trading engine, which allows everyone to trade any asset in a seamless, faster and cheaper way.

At its core, Mantix Exchange offers gas-optimized smart contracts and L2 rollups for slippage-free instant execution. The Mantix solution goes beyond speed. Its focus on security with noncustodial wallets and multi-sig systems shows the protocol’s dedication to reducing DeFi exploitations and hacks. Then, there are AI-driven trading strategies for traders to make informed trading decisions more effectively.

Add to that hyper-deflationary tokenomics and a visionary roadmap that includes staking, governance and cross-chain expansion and it’s no wonder many are calling Mantix the sleeper hit of the next altcoin cycle. Its ongoing presale is making this a reality. Thousands of Ethereum investors are in and demand has been consistently skyrocketing.

Conclusion

Trump’s decision to raise the EU and Apple tariffs has triggered a wave of liquidation. Ethereum is feeling the heat the most, but investors are increasingly turning to Mantix’s presale for gains. Fortunately, the presale just got started! The presale price is just $0.02 and if analysts’ prediction is anything to go by, Mantix should reach $1 after tier-one listings.

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