MANTRA or OM, a token focused on real-world asset tokenization, continues to make remarkable strides in the blockchain space. In a bid to break to higher levels, OM has reportedly received significant traction after its recent dashboard upgrade. Despite the unpredictable nature of the crypto market, MANTRA remains steady due to its increased focus on Real World Asset (RWA) tokenization, viable partnerships and progressive market strategies.
Renowned firms like Binance Square have backed OM through token giveaways, further supporting the price hike. In addition, a 50 Million token giveaway embarked by MANTRA also made headlines, causing a surge in the price of OM. Massive investments, including a $11M raise, aim to accelerate the tokenization of RWA, highlighting the token's future perspective.
With a series of partnerships related to the tokenization of aviation assets and significant realty assets in UAE, the token attracts numerous investors. The launch of MANTRA's Hongbai Incentivized Testnet indicates significant progression in the sector. To solidify their presence, MANTRA has also introduced an incentivized USDY Vault for stable yields backed by US Treasury Bills, indicating a promising future.
Price forecasts suggest OM might hit $2.7 by 2024. The firm is also teaming up with other firms to tokenize $500M worth of real estate assets and it appears poised to challenge Ethereum’s Layer 1 dominance. Although there may be formidable competitors in the crypto market, MANTRA seems well-positioned to make substantial gains in the future.
MANTRA Token News Analytics from Fri, 08 Dec 2023 08:00:00 GMT to Tue, 10 Sep 2024 15:01:58 GMT - Rating 8 - Innovation 9 - Information 7 - Rumor 9
