MANTRA ($OM ) recently saw a major price correction, dropping from its $9.00 peak to the current $0.06 level. While the crash was sharp, the project is currently undergoing a massive transition.
The Cause: A "liquidation cascade" on major exchanges wiped out leveraged positions during a low-liquidity period.
The Response: The founder burned 150 million tokens from his personal supply to reduce inflation and support the community.
The Catalyst: MANTRA is currently migrating to its own Mainnet. A 1:4 token swap is in progress, meaning the ecosystem is expanding.
Key Levels to Watch:
$0.15: The first sign of a trend reversal.
$0.50: The return of institutional momentum.
$1.00+: The target for a long-term RWA (Real-World Asset) recovery.
$OM is moving from being just a token to a functional Layer-1 blockchain. Many are asking if this $0.06 entry is the "second chance" before the new Mainnet takes off.
Are you holding through the migration or waiting for more stability?
