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MANTRA (OM) - USDT

Mkt. Cap.
₮ 468.27 M
Vol. 24H
OM 74.19 M (₮ 20.70 M)
Open 24h
₮ 0.2828
Low/High 24h
₮ 0.2733 - ₮ 0.2889

CryptoCompare Index MANTRA (OM) - USDT Historical Price

CryptoCompare Index MANTRA (OM) - USDT

Line Chart
Logarithmic
Candle Stick
Advanced Chart
Details Token Sale Historical Price Platforms Details Token Sale Historical Price Platforms
Whitepaper
Launch Date
2020-12-17
Max Supply
Not Applicable
Total Supply
1,680,910,561.91
Circulating Supply
1,020,045,702.92
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Stake
Hashing Algorithms
N/A
Block Nr.
-
Block Reward
-
Network H/s
-
MANTRA (OM) is an ERC-20 token and the native token for the MANTRA DAO platform, a decentralized autonomous organization focusing on staking, lending, and governance. It provides a community-governed platform for users to engage in decentralized finance (DeFi) operations and participate in governance. The OM token is used for staking to earn rewards, participating in governance proposals, lending and borrowing mechanisms, and various ecosystem incentives such as rewarding users for participation and collaboration.

MANTRA (OM) Trending Posts

Mantra is making bold moves after a major crash—burning 300 million OM tokens, including the founder’s share, to regain trust. But despite the effort, the token still struggles to win back shaken investor confidence.

🔵Big Token Burn Plan: Mantra will burn 300 million OM tokens, about 16.5% of its total supply, to increase staking rewards.

🔵Founder Joins the Burn: John Mullin, Mantra’s founder, is burning 150 million OM from his original allocation, staked since October 2024.

🔵Why This Matters: The move follows a massive 90% price crash that wiped out $5 billion in value on April 13.

🔵What Caused the Crash: Mantra blames reckless liquidations by crypto exchanges for the price collapse.

🔵Unstaking Process Underway: The 150 million founder tokens are being unstaked and will be burned by April 29.

🔵Market Reaction Still Weak: Despite the burn plan, OM dropped another 3.3%, showing investors remain skeptical.

🔵Mantra’s Business Model: It lets users tokenize real-world assets like real estate and commodities for digital investments.

🔵Past Momentum: OM surged over 400% in 2024 and partnered with the UAE’s DAMAC Group to tokenize $1B in assets.

Even a 300 million token burn and founder sacrifice isn’t enough to instantly fix investor faith. Mantra’s bold cleanup move may set the stage for a rebound—but for now, trust needs time to rebuild in the OM community.
https://coinpedia.org/price-prediction/mantra-om-price-prediction/

After a shocking 90% crash wiped out $5.5B in value, MANTRA is fighting to restore trust. A massive 300 million OM token burn, led by its CEO, could be the spark OM needs for a comeback.

🔵Crash Details: On April 13, OM lost over 90% of its value in just one hour, falling from a peak of $6 to near $0.50, erasing $5.5 billion in market cap.

🔵Rumors of Insider Activity: Panic followed a $40M token deposit to OKX allegedly tied to the team, sparking fears of insider selling and market manipulation.

🔵Community Backlash: Accusations flew about OTC deals, airdrop delays, and concentrated token holdings, reminiscent of past collapses like Terra LUNA.

🔵CEO’s Response: MANTRA CEO JP Mullin will burn 150 million OM tokens from his own allocation and is coordinating with partners for another 150 million burn.

🔵Supply Reduction: The total supply will drop from 1.82B to 1.67B, which may affect staking rewards but aims to stabilize tokenomics.

🔵Current Price Action: OM is trading near support at $0.51, with resistance zones at $0.59 and $0.71. Sentiment recovery is vital for any rebound.

A bold 300M token burn could be OM’s lifeline after its devastating collapse. If trust is restored and sentiment shifts, the dream of OM climbing back to $1 may not be as far-fetched as it seems.
https://coinpedia.org/price-prediction/mantra-om-price-prediction/

Mantra (OM) just exploded with a 50% price jump, becoming top-performing coin! But beneath the excitement lies controversy, uncertainty, and bold plans from the team to restore trust after a sharp fall. Is this a comeback or a trap?

Massive Surge: Mantra (OM) jumped over 50% in one day, peaking at $0.82 with high trading volume.

Still Far From Peak: Despite the spike, OM is still 90% below its all-time high of $9.10.

Founder’s Response: JP Mullin denied any “rug pull,” blaming the price crash on forced liquidations on an unnamed exchange.

Recovery Plans: The Mantra team plans a post-mortem release, a token buyback, and a burn mechanism to regain trust.

Buyback Explained: Project uses treasury funds to purchase OM tokens from the market, potentially increasing price.

Burn Mechanism: Tokens are destroyed (sent to an inaccessible wallet), reducing supply and possibly boosting value.

Boost to Staking Yield: With a 5.4% staking reward, Mantra beats popular tokens like Hedera and TRON.

Caution Ahead: Some analysts warn this might be a bull trap or dead cat bounce, not a real recovery.

Historical Parallels: Similar temporary bounces were seen in collapsed tokens like Terra Luna, Celsius, and FTX Token.

Expert Advice: Analysts suggest waiting, avoiding FOMO, and using strong risk management strategies.

While Mantra’s surge sparks hope, experts warn it could be short-lived. With bold recovery plans in motion, investors face a crucial question—buy into the hype or play it safe? The next move could define OM’s fate.
https://coinpedia.org/price-prediction/mantra-om-price-prediction/

After crashing 94%, MANTRA (OM) surprised traders with a 65% rebound. But is it just a bounce—or the start of a comeback? With trust shaken and charts unclear, OM’s next move could make or break investor sentiment.

- Crash and Recovery: OM plunged 94% but bounced back 65%, sparking speculation.

- Team Response: MANTRA’s team denied insider selling and confirmed healthy tokenomics, easing some fears.

- Recovery Conditions: A 328% rally is possible—if key support holds and volume rises.

Chart Insights:

- OM broke below $0.565 support but quickly rebounded—possible bear trap.

- RSI briefly hit overbought; now near 39, signaling bearish pressure.

- MACD turned neutral-to-bearish with recent death crosses.

- Current Zone: Price is stuck between $0.56 support and $0.65 resistance—needs strong breakout to decide next move.

- Market Mood: Traders remain cautious, waiting for either a volume-backed rally or clearer team direction.

OM’s comeback depends on more than hope. It must break $0.65 resistance or risk falling further. Traders watch closely—if the MANTRA team delivers and buyers step up, a real rally could begin. Until then, sideways action continues.
https://coinpedia.org/price-prediction/mantra-om-price-prediction/

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