this is the last cook price

$MNT relative strength against is quite impressive. Higher lows, multiple bottoms, and now breaking out. One of the easiest bets of this cycle with strong fundamentals: Mantle DeFi, Mantle Banking, and Gaming.

$MNT Finding support where it should have and has been seeing a nice bounce the past few days on the back of market wide strength and $ETH moving. I also got my eyes on $COOK of which I bought some at the currenet $7M market cap. The $mETH protocol still has $700M+ TVL (in ETH) so if ETH keeps going up I'd expect these kind of protocols to gain some momentum as well.

San's Research Diary 4.20 sol In the morning, I saw moonshot on wizard, it was only at 2m when I saw it, but because I don't understand overseas culture and community popularity, I didn't know what it was, so I didn't dare to invest. When I checked again, it was at 6m. Previously, I tried to observe some overseas communities, but maybe I joined the wrong ones, as I didn't feel like I got any alpha information. Where exactly are the core overseas communities? $dark will have a team formed by Solana officials. It initially dropped below, then pulled back, and now it's around 30m again. Many heavy investors are still holding, and the top addresses haven't moved. $mtn has also dropped back to around 8m. bnbchain The big truck refunded, and the small market cap opened. Many people are talking about the big picture, and they didn't even leave BNB to pump, so how much the presale can earn depends on how much secondary market funds rush in. If you're not a scientist, rushing in at the opening might leave you stuck on the mountain. The truth is often hard for many to hear. Ponke's TikTok followed $biao, and I've seen $biao's TikTok narrative many times. I checked out $biao's TikTok, and the videos are quite interesting. Mainly, the price has been very stable, making it a comfortable holding. Other Information $cook mining has already started, and from now on, there will be a 4x points reward for two weeks. Each chain has different rewards, and the mining method is simple: just hold or buy AI tokens. I didn't pay much attention when methane was hitting, and I still have a somewhat cautious attitude towards the BTC ecosystem. However, now that methane is rising so much, it's clear there's a big player pushing it. The strategy remains the same: follow the big player. I checked $ordi's trend, and there's no reaction yet. If the BTC ecosystem is really going to be pushed up, $ordi needs to explode first. Let's see if this big player has the strength. Anyway, it's worth paying attention to the BTC ecosystem; both big and small can earn some.

Relative strength in a down-only market $MNT has one of the smallest 30-day drawdowns among $ETH and other L2 EVMs, holding steady at around -14%, while others have experienced steeper drops On top of that, Mantle’s treasury remains strong at a solid $2.3B and the team is not just sitting idly on it. The treasury is quite actively used to reward $MNT and the broader Mantle ecosystem through a range of community campaigns: $MTN Reward Booster Season 2: 1.5M $MNT (~$1m USD) tokens are up for grabs by simply locking $MNT into the shared pool. Lock-in periods are highly flexible - from 0 to 300 days - with longer durations offering a higher share of rewards @mETHProtocol Methamorphosis S3: Powder emissions continue, which will be redeemable for future $COOK rewards (I’ll share a separate deep dive into @mETHProtocol soon) TLDR: Team keeps cooking -> strong relative performance -> actively leverages massive war chest -> incentivize $MNT and ecosystem holders