The **Mantra cryptocurrency**, represented by the **OM token**, is reportedly on the cusp of a **massive breakout** as its **staking yield decreases**. This follows a sudden 35% surge and a climb to a **new all-time high**. Despite the massive gains, some analysts warn that this rally may be short-lived due to a potential **market correction**. The mainnet launch of the Mantra Chain has played a significant role in this bullish trajectory. The blockchain is poised to pioneer the **tokenization of real-world assets** (RWA), signaling an innovative leap in the crypto space. There's been substantial **whale accumulation** of Mantra, SUI, and RBLK, causing a spike in their prices. Furthermore, an impending **airdrop event** and continuous **mainnet anticipation** have kept Mantra in the high price range. Also, the **partnership with Google Cloud** is likely to boost Web3 expansion. The token has stayed strong despite Bitcoin's dip. Market speculations suggest that the Mantra token might soon surpass the $10 mark. However, caution is urged as bearish breakout signs surface. A partnership with **Zand Bank** for RWA compliance promises further token strength, but an **ongoing legal case in Hong Kong** may present new challenges.
MANTRA Token News Analytics from Fri, 26 Jan 2024 14:21:14 GMT to Wed, 18 Dec 2024 14:58:26 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -5