MANTRA's growth over the past month has been significant, with the
cryptocurrency's value soaring
70% in just 17 days. This growth has led some to hail
OM as the ultimate real-world asset (RWA) token. However, notable sell-offs by large holders, or
'whales', have raised concerns about the token's future as they dumped
$760M in OM, potentially hindering its rally toward
$10. But Mantra Finance has sought to enhance its credibility and further its reach by securing a
Dubai VASP license, allowing it to focus on
asset tokenization. Mantra's steady rise to its current
all-time high has piqued interest from investors and sparked speculation about its growth trajectory despite the whale sell-off. Its price has surged to new records, leading to predictions about the OM price surging to
$10 in the near future. Furthermore, the increase in values of
ONDO, Mantra's OM, and Chintai's CHEX tokens has further cemented investor confidence in the
RWA tokens sector due to their superior performance when compared with BTC price gains. Mantra's
partnerships have also played a significant role in its growth, including a major deal with
DAMAC to tokenize
$1 billion in the Middle East. The launch of Mantra's
mainnet in October has heightened anticipation of the cryptocurrency's future, with speculation forecasting significant growth ahead.
MANTRA Token News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Wed, 19 Feb 2025 18:15:52 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -1
