ManyswapMANY
$0.0206
Market/Exchange
MANY Price Prediction and Price Movement
MANY has been down 59.33 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that MANY's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if MANY is backed by a solid development team and whether MANY's technology has any potential to grow.
Please note that this analysis is purely base on MANY's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Manyswap Price Chart
About Manyswap
MANYSWAP is a Auto Market Maker DEX with affiliate system on Binance Smart Chain. ManySwap enables the user to swap tokens and to create a new liquidity pair. By adding to the LP pair users can earn LP token and LP fees. On referring user can earn 0.1% of trading fees. Stake your LP tokens in the farm and earn MANY.
It launched in 25th February 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. Manyswap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. Manyswap also allows users to farm additional tokens such as BNB, BUSD, CAKE in StaFi Pool. On the pool, users can deposit BNB, BUSD or CAKE and get rewarded with MANY.
Manyswap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn MANY, stake MANY to earn more MANY.