#OMC
đđOM Coin (MANTRA) Bounces Back
OM Price Rebound: As of May 21, 2025, $OM (Mantra) is staging a strong comeback. Itâs trading around $0.4386 â roughly +12.9% in 24âŻh. 24âŻh trading volume has surged over $407M, highlighting a rush of investor activity. This rally follows Aprilâs historic crash: OM plunged ~90% in hours (from ~$6.21 to $0.49) during a forced-liquidation event. Mantraâs team responded with aggressive measures (e.g. burning ~150M OM tokens) to stabilize the market.
đč Price (May 21): ~$0.4386 (âČ+12.89% 24h)
đ 24h Volume: â$407M (surged trading activity)
â ïž April Crash: -90% plunge (from $6.21 to $0.49)
đ„ Recovery Moves: Burned ~150M OM; governance upgrades under way
đ Investor Interest: OM still holds a sizeable market cap, signaling ongoing institutional/retail support
Technical Outlook: Charts show that $0.50 has acted as a strong support zone and a breakout above ~$0.58 could ignite fresh buying interest. Moving averages are flattening, suggesting stabilization and potential upside momentum. Despite Aprilâs crash, Mantraâs real-world asset focus and staking yields are drawing attention. In fact, analysts note OMâs retained market cap implies continued institutional & retail confidence. Altogether, the data and technicals point to cautious optimism for OM, as investors eye further gains amid broader crypto rally.
what's your opinion
Follow for more insight đĄ