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Mantra (OM), a cryptocurrency focused on Real-World Asset (RWA) tokenization, has experienced significant volatility in 2025. After reaching an all-time high of over $6 in early February, OM's price has since declined, currently trading at approximately $0.73.
Factors Behind the Price Surge
Several developments contributed to OM's earlier price increase:
Strategic Partnerships: Collaborations with entities like Google Cloud enhanced MANTRA's infrastructure, boosting scalability and security.
RWA Integration: MANTRA's initiatives in tokenizing real-world assets, including a $1 billion deal with DAMAC Group, positioned it as a leader in the RWA sector.
Ecosystem Expansion: The launch of the RWAccelerator program and securing an operational license in Dubai signaled MANTRA's commitment to global growth.
Reasons for the Subsequent Decline
Despite these advancements, OM's price faced downward pressure due to:
Technical Issues: A temporary API downtime in March affected investor confidence.
Market Volatility: Broader cryptocurrency market fluctuations influenced by global economic factors contributed to the decline.
Outlook
Analysts remain optimistic about OM's long-term prospects, citing its strong foundation in RWA tokenization and ongoing strategic initiatives. However, investors should remain cautious and monitor market conditions closely.
#om #MantraDao #WhaleMovements #BTCRebound #MarketSentimentToday $OM $PEPE $SHIB
Factors Behind the Price Surge
Several developments contributed to OM's earlier price increase:
Strategic Partnerships: Collaborations with entities like Google Cloud enhanced MANTRA's infrastructure, boosting scalability and security.
RWA Integration: MANTRA's initiatives in tokenizing real-world assets, including a $1 billion deal with DAMAC Group, positioned it as a leader in the RWA sector.
Ecosystem Expansion: The launch of the RWAccelerator program and securing an operational license in Dubai signaled MANTRA's commitment to global growth.
Reasons for the Subsequent Decline
Despite these advancements, OM's price faced downward pressure due to:
Technical Issues: A temporary API downtime in March affected investor confidence.
Market Volatility: Broader cryptocurrency market fluctuations influenced by global economic factors contributed to the decline.
Outlook
Analysts remain optimistic about OM's long-term prospects, citing its strong foundation in RWA tokenization and ongoing strategic initiatives. However, investors should remain cautious and monitor market conditions closely.
#om #MantraDao #WhaleMovements #BTCRebound #MarketSentimentToday $OM $PEPE $SHIB
🚨Mantra DAO Burns 21.23 Million $OM ($132M)
🔹Address 0x63...4Ff2, possibly linked to the Mantra DAO project team, burned 21.23 million OM today at 17:47 UTC+8.
🔹Total OM burned to date: 84.02 million OM, with a total burn value of $524 million.
#MantraDAO #OM #Burning
-Arkham$OM
🔹Address 0x63...4Ff2, possibly linked to the Mantra DAO project team, burned 21.23 million OM today at 17:47 UTC+8.
🔹Total OM burned to date: 84.02 million OM, with a total burn value of $524 million.
#MantraDAO #OM #Burning
-Arkham$OM
#MantraDao the biggest drop this year
Mantra Dao (OM) from worth $8 to $0.3 today losing more than 83% of its price more than 6 billion disappeared overnight there will be great turbulence in the market today $BTC
Mantra Dao (OM) from worth $8 to $0.3 today losing more than 83% of its price more than 6 billion disappeared overnight there will be great turbulence in the market today $BTC
B
BNBUSDT
Perp
Closed
PNL
+1.10USDT
Hello Binance Community,
$OM is currently undergoing a brief consolidation phase—a normal and healthy stage in any asset’s growth trajectory. This period of stabilization reflects market maturity and does not detract from the project’s strong fundamentals.
Backed by sustained market interest and a supportive community, OM remains well-positioned for long-term growth. With these strengths in place, the asset could soon regain upward momentum, with the $9 level once again emerging as a realistic target.
As always, strategic patience and diligent market observation will be essential for those aiming to capitalize on upcoming opportunities.
Stay connected for future updates and continue tracking OM’s progress with us.
#OM #MantraDAO #Xrp🔥🔥 #EthereumFuture #MarketUpdate
$OM is currently undergoing a brief consolidation phase—a normal and healthy stage in any asset’s growth trajectory. This period of stabilization reflects market maturity and does not detract from the project’s strong fundamentals.
Backed by sustained market interest and a supportive community, OM remains well-positioned for long-term growth. With these strengths in place, the asset could soon regain upward momentum, with the $9 level once again emerging as a realistic target.
As always, strategic patience and diligent market observation will be essential for those aiming to capitalize on upcoming opportunities.
Stay connected for future updates and continue tracking OM’s progress with us.
#OM #MantraDAO #Xrp🔥🔥 #EthereumFuture #MarketUpdate
Hello Binance Community,
$OM is currently navigating through a brief consolidation phase — a healthy and expected part of any asset's growth cycle. Despite this short-term stabilization, the project remains fundamentally strong, with consistent market interest and community support driving its long-term potential.
With these solid foundations in place, $OM appears well-positioned to regain upward momentum, with the $9 level once again within reach. As always, patience and careful market observation will be key for those looking to capitalize on future opportunities.
Stay tuned for more updates and continue to follow OM’s journey closely!
$XRP #xrpetf #om #MantraDao #EthereumFuture
$OM is currently navigating through a brief consolidation phase — a healthy and expected part of any asset's growth cycle. Despite this short-term stabilization, the project remains fundamentally strong, with consistent market interest and community support driving its long-term potential.
With these solid foundations in place, $OM appears well-positioned to regain upward momentum, with the $9 level once again within reach. As always, patience and careful market observation will be key for those looking to capitalize on future opportunities.
Stay tuned for more updates and continue to follow OM’s journey closely!
$XRP #xrpetf #om #MantraDao #EthereumFuture
🌍 MANTRA DAO ($OM ) – Stability in Volatility? 🤔$OM
💰 Current Price: $6.34
📈 5D Prediction: $6.41 (+0.35% 📊)
📉 1M Prediction: $6.13 (-4.10% ⚠️)
📉 3M Prediction: $6.07 (-4.98% ❌)
📉 6M Prediction: $6.16 (-3.60% ❌)
📉 1Y Prediction: $6.24 (-2.29% 😬)
With DeFi projects booming, will OM stay stable or break out? 🤔📊
🔔 Follow us for daily predictions! Let’s hit 5,000 followers for more updates! 🚀📊
#MantraDAO #OM #Crypto #DeFi #Blockchain
💰 Current Price: $6.34
📈 5D Prediction: $6.41 (+0.35% 📊)
📉 1M Prediction: $6.13 (-4.10% ⚠️)
📉 3M Prediction: $6.07 (-4.98% ❌)
📉 6M Prediction: $6.16 (-3.60% ❌)
📉 1Y Prediction: $6.24 (-2.29% 😬)
With DeFi projects booming, will OM stay stable or break out? 🤔📊
🔔 Follow us for daily predictions! Let’s hit 5,000 followers for more updates! 🚀📊
#MantraDAO #OM #Crypto #DeFi #Blockchain
🚀 Why $OM is Up
Today’s surge isn’t just hype—it’s backed by a mix of supply squeeze (burn), massive volume, regulatory narrative, and technical strength.
Strong volume (> $1B) fuels sharp rally
🔥 150M OM burned → scarcity hype
📈 Tapping into RWA/compliance narrative
🚀 Solid TA: key support held, upward momentum intact
Ready to ride the next wave? Stay tuned for upcoming catalysts and trend updates. Still, given OM’s history of volatility (90% crash in April ), it’s wise to stay alert for potential pullbacks also.
#OM #MantraDAO #CryptoSurge
Today’s surge isn’t just hype—it’s backed by a mix of supply squeeze (burn), massive volume, regulatory narrative, and technical strength.
Strong volume (> $1B) fuels sharp rally
🔥 150M OM burned → scarcity hype
📈 Tapping into RWA/compliance narrative
🚀 Solid TA: key support held, upward momentum intact
Ready to ride the next wave? Stay tuned for upcoming catalysts and trend updates. Still, given OM’s history of volatility (90% crash in April ), it’s wise to stay alert for potential pullbacks also.
#OM #MantraDAO #CryptoSurge
🚀 $OM to $0.40?🚀📊📊
Momentum is building again — and $OM could reclaim the $0.40 level soon 📈
If you’ve been watching from the sidelines, this might be your second chance 👀
Don’t fade the strength.
#MantraDAO #Om
Momentum is building again — and $OM could reclaim the $0.40 level soon 📈
If you’ve been watching from the sidelines, this might be your second chance 👀
Don’t fade the strength.
#MantraDAO #Om
As of May 2025, the status of Mantra (OM) coin is contentious, with significant developments affecting its viability.
🔻 April 2025 Price Collapse
On April 13, 2025, OM's price plummeted by over 90%, dropping from approximately $6.30 to below $0.50 within an hour, erasing nearly $6 billion in market capitalization. The Mantra team attributed this crash to "reckless liquidations" on an unnamed exchange, denying any insider misconduct and stating that team-held tokens remained locked.
🏗️ Project Developments
Despite the turmoil, Mantra has pursued strategic initiatives:
Partnership with DAMAC: In January 2025, Mantra entered a $1 billion deal with Dubai-based DAMAC Group to tokenize assets like real estate and data centers.
Regulatory Licensing: Mantra obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling it to operate as a regulated digital asset service provider in the UAE.
RWAccelerator Program: Launched in February 2025, this program supports startups focused on real-world asset tokenization.
⚠️ Community Concerns
However, several issues have raised red flags:
Unfulfilled Promises: Claims from four years ago about launched prototypes and significant total value locked (TVL) have not materialized.
User Complaints: Reports have emerged of exorbitant fees, with one user stating that withdrawing $1,000 from staking incurred $2,700 in costs.
Low Engagement: Despite a large follower count on social media, the project's posts receive minimal interaction, suggesting low community engagement.
🔍 Conclusion
While Mantra is not a defunct project, the April 2025 price crash and subsequent controversies have significantly impacted its credibility. The team continues to pursue strategic initiatives, particularly in the UAE, but unresolved issues and community concerns persist. Potential investors should exercise caution and conduct thorough research before engaging with OM.
#om #mantra #MantraDao #Binance #MarketSentimentToday $OM $XRP $SOL
🔻 April 2025 Price Collapse
On April 13, 2025, OM's price plummeted by over 90%, dropping from approximately $6.30 to below $0.50 within an hour, erasing nearly $6 billion in market capitalization. The Mantra team attributed this crash to "reckless liquidations" on an unnamed exchange, denying any insider misconduct and stating that team-held tokens remained locked.
🏗️ Project Developments
Despite the turmoil, Mantra has pursued strategic initiatives:
Partnership with DAMAC: In January 2025, Mantra entered a $1 billion deal with Dubai-based DAMAC Group to tokenize assets like real estate and data centers.
Regulatory Licensing: Mantra obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), enabling it to operate as a regulated digital asset service provider in the UAE.
RWAccelerator Program: Launched in February 2025, this program supports startups focused on real-world asset tokenization.
⚠️ Community Concerns
However, several issues have raised red flags:
Unfulfilled Promises: Claims from four years ago about launched prototypes and significant total value locked (TVL) have not materialized.
User Complaints: Reports have emerged of exorbitant fees, with one user stating that withdrawing $1,000 from staking incurred $2,700 in costs.
Low Engagement: Despite a large follower count on social media, the project's posts receive minimal interaction, suggesting low community engagement.
🔍 Conclusion
While Mantra is not a defunct project, the April 2025 price crash and subsequent controversies have significantly impacted its credibility. The team continues to pursue strategic initiatives, particularly in the UAE, but unresolved issues and community concerns persist. Potential investors should exercise caution and conduct thorough research before engaging with OM.
#om #mantra #MantraDao #Binance #MarketSentimentToday $OM $XRP $SOL
BOOM 👊
$OM has broken key resistance and is looking for continuation.
The bull flag is shaping up nicely. If this pattern plays out, we could see $20+ by Q2
{spot}(OMUSDT)
$OM has broken key resistance and is looking for continuation.
The bull flag is shaping up nicely. If this pattern plays out, we could see $20+ by Q2
{spot}(OMUSDT)
💥 Remember how OM shone like a Christmas tree in January?
At the beginning of 2025, it was worth $6+ — and everyone shouted 'to the moon!'
Then April came and… no, not spring — a funeral.
📉 Down 90% in a week. Just took off like trust in Web3 did in 2022.
The CEO explained: this is not a dump, but 'automatic liquidations'.
Well, yes, we also love to hit the snooze button when we oversleep.
#
⸻
⚡️ But wait. This is a comeback!
OM suddenly came back to life, like a hero in the finale of a series:
🔹 +46% in a day
🔹 $1.1 billion in volume — this is not a 'dead cat bounce', it’s like a cat on steroids
🔹 Zero news. Just silently went up. As if someone knows something, and you don’t.
📉📈 The charts are also in shock:
✔️ Double-bottom broken — technically this is 'hello, bull market'
✔️ MACD — like on Red Bull
✔️ Volumes — growing like a salary for those who got in at $0.3
⸻
🔥 And now seriously.
OM is not the first alt that has fallen, but not everyone stands up so confidently.
📌 Token burn, fresh listings, growing volumes, cautious targets from analysts ($0.50, and then — $1)
⸻
💬 A question for you:
⚡️ the start of a comeback
💣 a calm before a new hit to the bottom?
👇 As for myself, I decided, I AM IN THE GAME!
#OM #MantraDao #CRYPTO #altcoins
At the beginning of 2025, it was worth $6+ — and everyone shouted 'to the moon!'
Then April came and… no, not spring — a funeral.
📉 Down 90% in a week. Just took off like trust in Web3 did in 2022.
The CEO explained: this is not a dump, but 'automatic liquidations'.
Well, yes, we also love to hit the snooze button when we oversleep.
#
⸻
⚡️ But wait. This is a comeback!
OM suddenly came back to life, like a hero in the finale of a series:
🔹 +46% in a day
🔹 $1.1 billion in volume — this is not a 'dead cat bounce', it’s like a cat on steroids
🔹 Zero news. Just silently went up. As if someone knows something, and you don’t.
📉📈 The charts are also in shock:
✔️ Double-bottom broken — technically this is 'hello, bull market'
✔️ MACD — like on Red Bull
✔️ Volumes — growing like a salary for those who got in at $0.3
⸻
🔥 And now seriously.
OM is not the first alt that has fallen, but not everyone stands up so confidently.
📌 Token burn, fresh listings, growing volumes, cautious targets from analysts ($0.50, and then — $1)
⸻
💬 A question for you:
⚡️ the start of a comeback
💣 a calm before a new hit to the bottom?
👇 As for myself, I decided, I AM IN THE GAME!
#OM #MantraDao #CRYPTO #altcoins
Another Bold and Accurate $OM Prediction Delivered!
What more proof do you need, legends? We called it—and OM just smashed through expectations, hitting $0.8255 as forecasted.
Massive gains. Explosive momentum. Early entries turned into four-figure profits.
This is what winning trades look like.
🚨 OM/USDT is on FIRE – Bullish Momentum is Unstoppable
OM has surged +47.9%, rocketing from $0.5568 to $0.8255 within hours. With a staggering 24h volume of 1.85B OM and 1.11B USDT, this rally is not slowing down anytime soon.
If bulls hold strong above $0.79, the next key targets are:
$0.88
$0.95
$1.10
However, if a pullback occurs, watch the $0.74–$0.72 zone for a prime re-entry opportunity.
Ride the momentum, lock in profits, and stay alert—OM has officially awakened.
Trade smart. Stay ahead.
Buy & Trade $OM
here
📈🔥💸
#MantraDao #MANTRAblockchain #WCTonBinance #BitcoinWithTariffs
What more proof do you need, legends? We called it—and OM just smashed through expectations, hitting $0.8255 as forecasted.
Massive gains. Explosive momentum. Early entries turned into four-figure profits.
This is what winning trades look like.
🚨 OM/USDT is on FIRE – Bullish Momentum is Unstoppable
OM has surged +47.9%, rocketing from $0.5568 to $0.8255 within hours. With a staggering 24h volume of 1.85B OM and 1.11B USDT, this rally is not slowing down anytime soon.
If bulls hold strong above $0.79, the next key targets are:
$0.88
$0.95
$1.10
However, if a pullback occurs, watch the $0.74–$0.72 zone for a prime re-entry opportunity.
Ride the momentum, lock in profits, and stay alert—OM has officially awakened.
Trade smart. Stay ahead.
Buy & Trade $OM
here
📈🔥💸
#MantraDao #MANTRAblockchain #WCTonBinance #BitcoinWithTariffs
$OM 🚀 $OM Showing Strong Bullish Momentum — Market Heating Up!
$OM is gaining traction and could be gearing up for a major bullish move! 🔥
Buyers are stepping in at key support levels, and trading volume is rising — classic signs of accumulation and momentum building.
With growing adoption of the MANTRA DAO ecosystem, increasing DeFi activity, and positive community sentiment, fundamentals are aligning perfectly with this bullish market setup. A breakout above resistance could trigger the next leg upward! 🚀
Always stay alert and stick to the Alpha coins I share — because when we move together, we win together! 💎
#OM #BullishVibes #CryptoAlert #MarketMomentum #MANTRADAO
$OM is gaining traction and could be gearing up for a major bullish move! 🔥
Buyers are stepping in at key support levels, and trading volume is rising — classic signs of accumulation and momentum building.
With growing adoption of the MANTRA DAO ecosystem, increasing DeFi activity, and positive community sentiment, fundamentals are aligning perfectly with this bullish market setup. A breakout above resistance could trigger the next leg upward! 🚀
Always stay alert and stick to the Alpha coins I share — because when we move together, we win together! 💎
#OM #BullishVibes #CryptoAlert #MarketMomentum #MANTRADAO
$OM MANTRA will host a community call on YouTube on October 7th at 13:00 UTC. The event will provide a summary of recent team developments and an outline of forthcoming initiatives.
🚀
#MantraDao #mantra
🚀
#MantraDao #mantra
🚨🚨 #MantraDAO 🚨 $OM 🚨🚨
🚨 NEW: Mantra’s OM token crashes by over 90% in just 24 hours! 😱
In a huge market shock, the price of OM, the native token of Mantra DAO, dropped from $6.30 to less than $0.50 in just one day. That’s a loss of over $5 billion in market cap. Here's what happened:
🔑 Key Takeaways:
The Crash: OM's price plummeted by 90% in a matter of hours — from $6.30 to a low of $0.37, though it’s recovering slightly now, sitting around $1.00.
What Caused It?: According to JP Mullin, co-founder of Mantra, this was due to “reckless liquidations” on centralized exchanges (CEXs) during periods of low liquidity, not any wrongdoing by the Mantra team.
Team's Stance: Mullin also reassured the community that Mantra's Telegram is still active, and no team-held OM tokens have been touched. The team is still committed to the project despite the setback.
Market Chaos: The crash led to over $50 million in liquidations in futures markets tied to OM. That's a huge shock to the market!
The Recovery: Despite the drop, OM has already bounced back by 200%, showing signs of potential recovery.
---
Mantra’s team is planning to connect with the community soon on X (formerly Twitter) to address concerns and provide more updates.
🚨 NEW: Mantra’s OM token crashes by over 90% in just 24 hours! 😱
In a huge market shock, the price of OM, the native token of Mantra DAO, dropped from $6.30 to less than $0.50 in just one day. That’s a loss of over $5 billion in market cap. Here's what happened:
🔑 Key Takeaways:
The Crash: OM's price plummeted by 90% in a matter of hours — from $6.30 to a low of $0.37, though it’s recovering slightly now, sitting around $1.00.
What Caused It?: According to JP Mullin, co-founder of Mantra, this was due to “reckless liquidations” on centralized exchanges (CEXs) during periods of low liquidity, not any wrongdoing by the Mantra team.
Team's Stance: Mullin also reassured the community that Mantra's Telegram is still active, and no team-held OM tokens have been touched. The team is still committed to the project despite the setback.
Market Chaos: The crash led to over $50 million in liquidations in futures markets tied to OM. That's a huge shock to the market!
The Recovery: Despite the drop, OM has already bounced back by 200%, showing signs of potential recovery.
---
Mantra’s team is planning to connect with the community soon on X (formerly Twitter) to address concerns and provide more updates.
Discover Mantra (OM): The Project that Combines DeFi, Real Assets and Partnerships with Giants like Google Cloud.
MANTRA PROJECT (OM)
Mantra (OM) is a cryptocurrency launched in 2020 that initially used the Ethereum blockchain. However, it currently has its own layer 1 blockchain, designed to be a multifunctional token in the decentralized finance (DeFi) universe. Mantra's main objective is to integrate the first Real World Assets (RWA) blockchain capable of adhering to and complying with real-world regulatory requirements.
STRATEGIC PARTNERSHIPS
Mantra has established strategic partnerships that strengthen its infrastructure and increase its credibility in the market.
Google Cloud: Became the largest validator of the Mantra blockchain, increasing the trust and visibility of the project.
DAMAC Group: In January 2025, Mantra announced an agreement with DAMAC Group, a renowned real estate group in the United Arab Emirates, to tokenize at least $1 billion in assets. The partnership will enable token-based financing for sectors such as real estate, hospitality, and data centers.
VALUE AND PERFORMANCE
Mantra (OM) has stood out in the market with a strong appreciation in recent months.
In November 2024, the price of the token increased by 171% after the launch of its own blockchain and the partnership with Google Cloud.
Between January and December 2024, the value of Mantra (OM) increased by 6418.3%, going from $0.0584 to $3.81.
This impressive growth makes Mantra one of the best performing projects in the cryptocurrency market.
$OM $BTC #AltSeasonComing #Mantra(om)
#MantraDao
MANTRA PROJECT (OM)
Mantra (OM) is a cryptocurrency launched in 2020 that initially used the Ethereum blockchain. However, it currently has its own layer 1 blockchain, designed to be a multifunctional token in the decentralized finance (DeFi) universe. Mantra's main objective is to integrate the first Real World Assets (RWA) blockchain capable of adhering to and complying with real-world regulatory requirements.
STRATEGIC PARTNERSHIPS
Mantra has established strategic partnerships that strengthen its infrastructure and increase its credibility in the market.
Google Cloud: Became the largest validator of the Mantra blockchain, increasing the trust and visibility of the project.
DAMAC Group: In January 2025, Mantra announced an agreement with DAMAC Group, a renowned real estate group in the United Arab Emirates, to tokenize at least $1 billion in assets. The partnership will enable token-based financing for sectors such as real estate, hospitality, and data centers.
VALUE AND PERFORMANCE
Mantra (OM) has stood out in the market with a strong appreciation in recent months.
In November 2024, the price of the token increased by 171% after the launch of its own blockchain and the partnership with Google Cloud.
Between January and December 2024, the value of Mantra (OM) increased by 6418.3%, going from $0.0584 to $3.81.
This impressive growth makes Mantra one of the best performing projects in the cryptocurrency market.
$OM $BTC #AltSeasonComing #Mantra(om)
#MantraDao
Mantra (OM) Maintains 90% of Holders in Profit – Are Further Gains on the Horizon?
The cryptocurrency market has been under significant pressure as major altcoins continue to experience sharp downtrends following the November rallies. Ethereum (ETH), for example, has declined from its early December high of $4,000 to $1,878, triggering a broader correction across the altcoin sector.
However, despite the prevailing market downturn, Mantra ($OM ) has emerged as a standout performer. The token has registered an impressive 53% gain over the past 90 days, positioning itself as one of the best-performing assets in the space. This resilience has ensured that the vast majority of its investors remain in profit.
90% of Holders in Profit
According to recent data from CryptoRank, Mantra (OM) ranks second among the top 10 tokens with the highest percentage of profitable holders, with 90% of its investors currently in profit.
The primary driver behind this success has been OM's staggering 11,700% growth since January 2024, a performance that has significantly outpaced most other altcoins struggling under bearish conditions.
Are Further Gains Possible?
A technical analysis of OM’s daily chart suggests that the recent market-wide downturn led to a test of its 50-day Moving Average (50MA) support, as well as its ascending trendline support (highlighted in the green circle). However, the token has demonstrated resilience, rebounding above these levels to trade at $6.38.
Historically, similar 50MA support tests (marked in orange circles) have resulted in strong rebounds, often leading to significant price surges. If this pattern continues, OM could be on track to retest its all-time high (ATH) of $9.11, with the potential for further upside momentum.
However, holding the current support level is critical for sustaining a bullish outlook. A successful rebound could drive additional gains, while a breakdown below this key level could increase selling pressure, potentially leading to a retest of lower support zones.
Conclusion
Despite the broader market challenges, Mantra (OM) continues to outperform most altcoins, backed by strong technical support and historical price action favoring a bullish trajectory. As long as the 50MA support remains intact, OM could see further upward movement, making it a token to closely monitor in the coming weeks.
However, despite the prevailing market downturn, Mantra ($OM ) has emerged as a standout performer. The token has registered an impressive 53% gain over the past 90 days, positioning itself as one of the best-performing assets in the space. This resilience has ensured that the vast majority of its investors remain in profit.
90% of Holders in Profit
According to recent data from CryptoRank, Mantra (OM) ranks second among the top 10 tokens with the highest percentage of profitable holders, with 90% of its investors currently in profit.
The primary driver behind this success has been OM's staggering 11,700% growth since January 2024, a performance that has significantly outpaced most other altcoins struggling under bearish conditions.
Are Further Gains Possible?
A technical analysis of OM’s daily chart suggests that the recent market-wide downturn led to a test of its 50-day Moving Average (50MA) support, as well as its ascending trendline support (highlighted in the green circle). However, the token has demonstrated resilience, rebounding above these levels to trade at $6.38.
Historically, similar 50MA support tests (marked in orange circles) have resulted in strong rebounds, often leading to significant price surges. If this pattern continues, OM could be on track to retest its all-time high (ATH) of $9.11, with the potential for further upside momentum.
However, holding the current support level is critical for sustaining a bullish outlook. A successful rebound could drive additional gains, while a breakdown below this key level could increase selling pressure, potentially leading to a retest of lower support zones.
Conclusion
Despite the broader market challenges, Mantra (OM) continues to outperform most altcoins, backed by strong technical support and historical price action favoring a bullish trajectory. As long as the 50MA support remains intact, OM could see further upward movement, making it a token to closely monitor in the coming weeks.
[OM Coin Analysis (MANTRA DAO): Opportunity or Risk?]
Hello crypto community! Today we will discuss OM (MANTRA DAO), one of the coins that focuses on the DeFi ecosystem.
What is OM?
$OM is the native token of MANTRA DAO, a community-driven DeFi platform built to provide services such as staking, lending, and borrowing. The main goal of MANTRA DAO is to create a more transparent and decentralized financial system.
Key Points About OM:
1. Use Case:
OM is used in the MANTRA DAO ecosystem for staking, voting in governance mechanisms, and access to other DeFi services.
What is OM?
$OM is the native token of MANTRA DAO, a community-driven DeFi platform built to provide services such as staking, lending, and borrowing. The main goal of MANTRA DAO is to create a more transparent and decentralized financial system.
Key Points About OM:
1. Use Case:
OM is used in the MANTRA DAO ecosystem for staking, voting in governance mechanisms, and access to other DeFi services.
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