MANTRA DAO (PoS), an Ecosystem Token built on the Polygon protocol, has experienced fluctuations and predictions of potential correction in the cryptocurrency market. Despite hitting a high value,
Mantra's price chart suggests a strong breakout soon. The
Mantra token witnessed a sharp surge of 35% in 24 hours, gaining investor attention, however, this remained short-lived. The platform has moved towards digitizing real-world assets (RWA) with partners like the UAE-based builder,
MAG Group. Still, price surges often lead to selloffs by
crypto whales, affecting the market.
The MANTRA platform has planned to launch its mainnet in October, which sees increased interest from investors, even as
Bitcoin dips. The rise of MANTRA coincides with the launch of STX, fostering the DeFi movement. The platform aims to tokenize RWAs, which leads to a price rise of the OM token. With the lure of staking rewards and the giveaway of 50 million tokens, anticipation grows for the mainnet launch and subsequently an airdrop.
MANTRA has achieved milestones while focusing on expanding RWAs, even as the markets remain flat at times. Partnerships with Google Cloud and successful mainnet launch points towards more bullish predictions in the future. However, bearish sentiments remain given market volatility and unexpected selloffs from whales.
MANTRA Token News Analytics from Thu, 08 Feb 2024 18:27:25 GMT to Tue, 03 Dec 2024 14:35:00 GMT -
Rating 6
- Innovation 8
- Information 8
- Rumor 3
