OM Rallies Over 10%, Top Gainer of the Day
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MANTRA rallied over 10% on Oct. 28 after a god candle formed on the daily chart.
Mantra (OM) surged to $1.40 over the lost 24 hours, marking a 66% increase from its September low after a ‘god candle’ propelled the token from $1.26 to $1.46, pushing its market cap to $1.22 million.
OM’s price rally comes as its daily trading volume surged three-fold, surpassing $92 million, with the majority concentrated on Binance.
One of the key factors behind OM’s rally is the recent launch of the MANTRA Chain mainnet which went live on Oct. 23, allowing users to bridge OM tokens from other blockchains to the MANTRA Chain Mainnet, enabling them to stake it to secure the network and earn staking rewards.
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