$OM *OM Token Surge: 33.55% Uptick Ahead of Rebranding to MANTRA 😬*
OM surged 33.55% to $0.0648, driven by exchange support and rebranding to MANTRA. Key points:
- Binance and Bybit support OM token swap and rebranding to MANTRA with 1:4 split scheduled for March 2, 2026
- Market cap increases to $68.13M with 7-day gain of 41.43%, though still down 12.83% over 30 days
- Strategic pivot to Real-World Asset (RWA) tokenization with launch of mantraUSD stablecoin and $1B asset tokenization agreement with DAMAC Group
- Google Cloud partnership drives infrastructure development and market confidence
*Technical Analysis:*
- RSI indicates strong negative momentum below 30, suggesting oversold conditions
- MACD shows bearish signals, but recent price surge on high volume suggests potential for short-term momentum trading
- Key resistance at $0.04546, $0.04652, and $0.04809
*Trading Strategy:*
- Consider accumulation strategy around current levels with tight stop-loss
- Target resistance zones if bullish momentum continues
- High volatility risk and concentration risk with top traders showing strong sell signals ¹ ² ³
Follow-up questions:
- What's the impact of rebranding on MANTRA's ecosystem?
- How does MANTRA's tokenomics compare to other RWA-focused projects?
- Are there upcoming events or announcements that could affect MANTRA's price?
