MANTRA, represented by the OM token, is making waves in the cryptocurrency market. The second-largest
RWA (Real World Asset) token, it has surged multiple times in recent weeks, leading to speculation over potential market changes. Some foresee the price nearing $7 while others anticipate a larger jump to $10. Increases have been seen of 12% and 10% in the market, with market technicals giving strong indications of further gains. Nevertheless, optimism remains cautious as bearish divergence and whale activity signify potential reversal and selloffs. In a major move, MANTRA has collaborated with real estate developer
DAMAC, to tokenize $1 billion in the Middle East, a landmark development that positions it as a leading player in RWA tokenization. However, the sustainability of these price surges is in question with some investors predicting a potential crash. Its all-time high has left some retail traders cautious, with the possibility of a
short-lived rally and price correction. Interestingly, its trading volume hit record highs predicting a potential price rally. Yet, the inflow of whales into the market might change the game. Despite the fluctuations, the token remains an asset to watch, with mention of Mantra alongside popular cryptocurrencies Bitcoin, Ether, and Solana. Notably, a 64-fold increase in its value within a year has propelled its market cap significantly. Major developments like
mainnet launch, tokenizing huge real estate assets, and significant partnerships have secured its stronghold in the market.
MANTRA Token News Analytics from Wed, 03 Jul 2024 07:00:00 GMT to Wed, 19 Mar 2025 22:23:58 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 5
