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  • Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    • The event is open to everyone, from startup teams to solo creators.
    • The hackathon runs until February 7, 2026.
    • Winning participants will enjoy a $150,000 prize pool.

    Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition.

    The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects.

    The hackathon is open to all enthusiasts globally, with renowned developer ecosystems HackQuest and OpenBuild offering tools, exposure to new projects, and mentorship.

    The event offers builders an opportunity to create practical innovations, and not hype-driven trends.

    Building to solve real-world problems

    Mantle has highlighted what it expects from participants of its hackathon: relevant products that tackle real user issues.

    Meanwhile, the evaluation procedure will prioritize five primary pillars, including scalability, product design, technical execution, Mante integration, and market potential.

    The Mantle team emphasized that successful entries should focus on market utility and not flashy demos.

    Indeed, this hackathon is a platform for serious builders and not short-term speculators. They said:

    Build what lasts, not just what trends. Focus on execution, usability, and real-world relevance. Most importantly, solve what users need.

    Meanwhile, participants have adequate time to design and shape their innovative projects.

    Registration and building start this month, with the winner announcement scheduled for February.

    Creators have the time to plan, test, and polish ideas before presenting their projects to the broader cryptocurrency community and judges.

    For context, the hackathon boasts a diverse judging panel comprising renowned figures in the blockchain world.

    The comprehensive list includes 0x Todd, Trustless State, Notaciccap, and multiple others with experience spanning venture capital, DeFi innovation, and product development.

    The massive judging team adds credibility to the event.

    Moreover, their experience signals high expectations as the panel boasts expertise in evaluating projects with real-world impact and creative innovations.

    Mantle and Bybit prioritize real-world solutions

    The five-month hackathon coincides with Mantle’s current alliance with centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers.

    The duo seeks to democratize the trillion-dollar industry of on-chain finance.

    The initiative reflects Mantle’s mission to expand beyond a blockchain network and create an international developer community to accelerate financial innovation.

    MNT price outlook

    Mantle’s native token mirrored broader sentiments today.

    MNT lost nearly 10% of its value over the past 24 hours to $1.64.

    The faded daily trading volumes indicate trader disinterest in the tokens, as bears rattle the cryptocurrency landscape.

    The value of all digital tokens plunged by 5% the past 24 hours to $3.65 trillion due to factors like tariff tensions.

    Nevertheless, analysts remain confident, predicting massive rebounds in Q4 and into 2026.

    Meanwhile, the ongoing hackathon could boost MNT’s utility and volumes in the coming times, which could catalyze stable price performances.

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  • Shiba Memu close to $4M presale as FOMO kicks in

    Shiba Memu close to $4M presale as FOMO kicks in

    • Investor FOMO drives Shiba Memu to $4 million presale
    • What makes Shiba Memu unique compared to other meme tokens?
    • Is Shiba Memu a good investment?

    Shiba Memu extended its presale after an initial offering saw massive demand from an excited community. Now with cryoto in bullish mood and the presale extension nearing a close, the fear of missing out on what could be a great investment opportunity is driving new interest. 

    Shiba Memu presale near $4 million

    While speculation on what Shiba Memu can achieve is likely behind part of the early enthusiasm about this project, most of it could be down to what makes it unique from other meme tokens.

    Global investors keen to diversify their portfolios with this token have poured millions into the project via the Shiba Memu (SHMU) presale. Having launched for an initial 60 day period in July, the Shiba Memu team moved to extend the offering to October 31. 

    The new timeline has accorded interested investors an opportunity to buy SHMU.

    As of today, the countdown to the presale is down to seven days. Evidently, FOMO has kicked in and as the programmed daily price increases move towards the final offer price of $0.0379, the total amount raised could be well above the $4 million mark.

    Data on the official presale page shows investors have allocated $3,996,517 to SHMU positions.

    Why could Shiba Memu be a good investment?

    As a new meme token, Shiba Memu looks to tap into the power of blockchain and artificial intelligence to create a unique crypto project. The whitepaper outlines how it seeks to leverage AI to create a marketing powerhouse and self-sufficient ecosystem.

    Unlike other tokens that rely on hype generated by influencers and celebrities to gain traction, Shiba Memu will create its own 24/7 marketing machine, underpinned by its AI dashboard. Analysts say this outlook has the capacity to see the native SHMU token eventually overtake leading meme coins in the market.

    This possibility begins when Shiba Memu’s presale ends and SHMU begins to list on some of the world’s largest cryptocurrency exchanges. According to the roadmap, this is expected to roll out in the first quarter of 2024, with BitMart already snapped as the first CEX partner.

    Key Shiba Memu developments lined up

    As the trading support unlocks token utility and helps bulls push higher amid price discovery, the AI marketing tool will launch in the following quarter. Machine learning, launch of the AI dashboard and integration with decentralised applications (dApps) will follow as the market moves deeper into the expected bull market period.

    Community engagement via these developments could put SHMU in the mix as likely revelations among the next bull cycle gems. The FOMO currently being witnessed will only intensify as investors recall the staggering gains tokens like Shiba Inu and Pepe notched during their respective market debuts.

    It means taking a bid during the presale could offer the best route to better returns should the Shiba Memu token rally.

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