Manta is the latest in a rising cohort of new blockchains that offer faster transactions at lower costs than popular networks, such as Ethereum. These newer networks are usually backed by prominent funds and extensively market their blockchain in crypto circles on X and other social media platforms, hoping to capture market share and fees, which bolsters the value of their tokens.
Source: https://www.coindesk.com/tech/2024/01/19/manta-network-hit-by-ddos-attack-day-after-token-issuance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines