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MantraChain

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241 Discussing
30 May
Bullish
$OM Here’s a trade setup for OM/USDT at the current price of $0.3173 (15-min chart): 📌 Entry Point (EP) $0.3173 🎯 Take Profit Targets (TP) TP1: $0.3240 — near upper Bollinger Band TP2: $0.3275 — local price resistance TP3: $0.3320 — recovery level from recent drop 🛡️ Stop Loss (SL) $0.3085 — just below Bollinger Band lower line (DN: 0.3106), and recent low support zone {spot}(OMUSDT) #om #mantra #OMCoin #MantraChain #MANTA/USDT.
$OM

Here’s a trade setup for OM/USDT at the current price of $0.3173 (15-min chart):

📌 Entry Point (EP)
$0.3173

🎯 Take Profit Targets (TP)
TP1: $0.3240 — near upper Bollinger Band
TP2: $0.3275 — local price resistance
TP3: $0.3320 — recovery level from recent drop

🛡️ Stop Loss (SL)
$0.3085 — just below Bollinger Band lower line (DN: 0.3106), and recent low support zone

#om #mantra #OMCoin #MantraChain #MANTA/USDT.
What MANTRA Chain Just Pulled Off Could Change The RWA Game ForeverIn a market where narratives come and go, #MANTRA Chain is quietly and consistently delivering. It’s not just promising innovation; it’s proving it week after week. This past week marked a pivotal moment for the project. Amid a broader market cooling off, and even a temporary dip in $OM ’s price in April, the MANTRA team has shown what true builders do: they keep building. {spot}(OMUSDT) Here’s why the spotlight is turning toward @MANTRA_Chain and why that attention is well-earned. The First RWA-Focused Chain on Binance Mainnet In a historic step for the Real World Asset (#RWA ) ecosystem, MANTRA Chain has become the first RWA-dedicated blockchain to integrate with #Binance 's mainnet. This move isn’t just symbolic. It unlocks: Seamless access to $OM for millions of usersGreater liquidity across global marketsA powerful boost to credibility and visibility in the blockchain space As the RWA narrative accelerates, MANTRA is positioning itself as its gateway. A New Era for Sports Investment, Powered by Blockchain Through a strategic partnership with WIN Investments, MANTRA is redefining how fans, clubs, and investors engage with the sports world. Together, they’re launching “Transfer Tokens,” allowing investors to earn a share of future player transfers under FIFA’s Solidarity Mechanism. This initiative not only brings transparency and innovation to football financing but also creates a brand-new asset class born on-chain. Blockchain isn't just transforming finance, it's revolutionizing culture. And MANTRA is right at the intersection. OM Debuts on South Korea’s Top Exchange - Upbit As one of the most active crypto markets in the world, South Korea represents a major opportunity for growth, and OM is now officially live on Upbit, the country’s #1 exchange. Listed pairs include: OM/KRWOM/BTCOM/USDT This launch opens MANTRA to a highly engaged, crypto-native audience, bringing new liquidity, demand, and momentum into the ecosystem. Crypto com Listing Brings Global Fiat Onboarding Accessibility matters, and Crypto com is making it more accessible than ever. Now, users can buy and trade $OM in USD, EUR, and 20+ fiat currencies through one of the world’s most user-friendly platforms. The added ability to place limit orders makes it easier for traders to participate with precision, without needing to monitor the market 24/7. This is a key step toward mass adoption and mainstream access. A Validator Upgrade with Institutional Firepower: Nansen Joins In a big win for decentralization, security, and transparency, Nansen, a top blockchain analytics provider, is now part of MANTRA Chain’s validator set. This brings: Enhanced on-chain analyticsImproved validator trust and securityMore institutional-grade infrastructure Users can now redelegate OM to Nansen and earn NSN points, further deepening the ecosystem’s incentive design. $119M+ in Tokenized Assets on Mainnet Numbers don’t lie. As of now, MANTRA Chain has over $119 million in tokenized real-world assets, placing it in the top 10 blockchains globally by RWA volume. This is the kind of metric that turns heads. It’s not just about vision, it’s about execution at scale. The Role of $OM- Utility, Value, and Potential OM is more than a token. It’s the engine behind everything MANTRA is building: Securing the chain through stakingPowering governance decisionsFacilitating transactions and validator rewardsEnabling delegation rewards like NSN points And despite temporary price volatility in April, the fundamentals haven’t wavered. If anything, the recent growth makes a strong case for the long-term value of $OM. Conclusion: From Momentum to Movement MANTRA Chain isn’t just having a good week. It’s executing on a long-term roadmap that’s reshaping how the world interacts with real-world assets on-chain. From landmark listings to real innovation in sports finance, validator expansion, and measurable asset tokenization, this is what leadership in Web3 looks like. The RWA wave is coming. But MANTRA isn’t riding it — it’s steering it. Now is the time to pay attention. Reference Links Can Be Checked in the comment section JP, CEO TweetUPbit Tweet AnnouncementWin-MANTRA Announcement MANTRA Website #MantraChain #Bitcoin2025

What MANTRA Chain Just Pulled Off Could Change The RWA Game Forever

In a market where narratives come and go, #MANTRA Chain is quietly and consistently delivering. It’s not just promising innovation; it’s proving it week after week.
This past week marked a pivotal moment for the project. Amid a broader market cooling off, and even a temporary dip in $OM ’s price in April, the MANTRA team has shown what true builders do: they keep building.

Here’s why the spotlight is turning toward and why that attention is well-earned.
The First RWA-Focused Chain on Binance Mainnet
In a historic step for the Real World Asset (#RWA ) ecosystem, MANTRA Chain has become the first RWA-dedicated blockchain to integrate with #Binance 's mainnet.
This move isn’t just symbolic. It unlocks:
Seamless access to $OM for millions of usersGreater liquidity across global marketsA powerful boost to credibility and visibility in the blockchain space
As the RWA narrative accelerates, MANTRA is positioning itself as its gateway.
A New Era for Sports Investment, Powered by Blockchain
Through a strategic partnership with WIN Investments, MANTRA is redefining how fans, clubs, and investors engage with the sports world.
Together, they’re launching “Transfer Tokens,” allowing investors to earn a share of future player transfers under FIFA’s Solidarity Mechanism. This initiative not only brings transparency and innovation to football financing but also creates a brand-new asset class born on-chain.
Blockchain isn't just transforming finance, it's revolutionizing culture. And MANTRA is right at the intersection.
OM Debuts on South Korea’s Top Exchange - Upbit
As one of the most active crypto markets in the world, South Korea represents a major opportunity for growth, and OM is now officially live on Upbit, the country’s #1 exchange.
Listed pairs include:
OM/KRWOM/BTCOM/USDT
This launch opens MANTRA to a highly engaged, crypto-native audience, bringing new liquidity, demand, and momentum into the ecosystem.
Crypto com Listing Brings Global Fiat Onboarding
Accessibility matters, and Crypto com is making it more accessible than ever. Now, users can buy and trade $OM in USD, EUR, and 20+ fiat currencies through one of the world’s most user-friendly platforms.
The added ability to place limit orders makes it easier for traders to participate with precision, without needing to monitor the market 24/7.
This is a key step toward mass adoption and mainstream access.
A Validator Upgrade with Institutional Firepower: Nansen Joins
In a big win for decentralization, security, and transparency, Nansen, a top blockchain analytics provider, is now part of MANTRA Chain’s validator set.
This brings:
Enhanced on-chain analyticsImproved validator trust and securityMore institutional-grade infrastructure
Users can now redelegate OM to Nansen and earn NSN points, further deepening the ecosystem’s incentive design.
$119M+ in Tokenized Assets on Mainnet
Numbers don’t lie. As of now, MANTRA Chain has over $119 million in tokenized real-world assets, placing it in the top 10 blockchains globally by RWA volume.
This is the kind of metric that turns heads. It’s not just about vision, it’s about execution at scale.

The Role of $OM - Utility, Value, and Potential
OM is more than a token. It’s the engine behind everything MANTRA is building:
Securing the chain through stakingPowering governance decisionsFacilitating transactions and validator rewardsEnabling delegation rewards like NSN points
And despite temporary price volatility in April, the fundamentals haven’t wavered. If anything, the recent growth makes a strong case for the long-term value of $OM .
Conclusion: From Momentum to Movement
MANTRA Chain isn’t just having a good week. It’s executing on a long-term roadmap that’s reshaping how the world interacts with real-world assets on-chain.
From landmark listings to real innovation in sports finance, validator expansion, and measurable asset tokenization, this is what leadership in Web3 looks like.
The RWA wave is coming. But MANTRA isn’t riding it — it’s steering it.
Now is the time to pay attention.
Reference Links Can Be Checked in the comment section
JP, CEO TweetUPbit Tweet AnnouncementWin-MANTRA Announcement MANTRA Website
#MantraChain #Bitcoin2025
23 Dec 2024
Bullish
$OM BUY ALERT #MANTA Another must Hold Coin in ur portfolio and this could be the last Chance to accumulate Manta at Cheap Price Accumulation Range - 0.863 - 0.60 Targets - 2x - 5x - 10x $OM #MANTRA $OM #MantraChain
$OM BUY ALERT

#MANTA

Another must Hold Coin in ur portfolio and this could be the last Chance to accumulate Manta at Cheap Price

Accumulation Range - 0.863 - 0.60

Targets - 2x - 5x - 10x

$OM #MANTRA $OM #MantraChain
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$OM has reached a new ATH and still has plenty of room to climb! 🚀🔥 The Mantra (OM) token continues on an impressive trajectory, breaking records and demonstrating strength in the market. With high demand and growing volume, the asset is consolidating itself as one of the highlights of the DeFi sector. Now, the big question is not whether OM will rise further, but when it will reach US$ 10! If the current pace continues, this next milestone may be closer than many imagine. Keep an eye on market movements and take advantage of this upward trend! 👀 #MantraChain #AltSeasonComing #cripto #Binance #altcoins 🚀🔥
$OM has reached a new ATH and still has plenty of room to climb! 🚀🔥

The Mantra (OM) token continues on an impressive trajectory, breaking records and demonstrating strength in the market. With high demand and growing volume, the asset is consolidating itself as one of the highlights of the DeFi sector.

Now, the big question is not whether OM will rise further, but when it will reach US$ 10! If the current pace continues, this next milestone may be closer than many imagine.

Keep an eye on market movements and take advantage of this upward trend! 👀

#MantraChain #AltSeasonComing #cripto #Binance #altcoins 🚀🔥
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#OM MANTRA, a Level 1 blockchain designed for tokenizing real-world assets (RWA), has launched RWAccelerator, a dedicated startup acceleration program. The initiative aims to fund, mentor, and support early-stage projects focused on bringing real-world assets to the blockchain. RWAccelerator provides startups with investment capital, expert guidance, AI-powered solutions, and access to Google Cloud infrastructure. RWAccelerator is designed to fast-track innovation in RWA tokenization, focusing on real estate, financial products, and alternative assets. Participants will have access to: • Funding opportunities to accelerate startup growth • Technical mentoring from blockchain and finance experts • AI support to streamline operations • Google Cloud resources, including technical workshops and how-to guides. The program aligns with the growing RWA market, which the World Economic Forum predicts will account for 10% of global GDP ($10 trillion) by 2027. $OM #BinanceAlphaAlert #MantraChain #mantraRWA
#OM MANTRA, a Level 1 blockchain designed for tokenizing real-world assets (RWA), has launched RWAccelerator, a dedicated startup acceleration program. The initiative aims to fund, mentor, and support early-stage projects focused on bringing real-world assets to the blockchain.
RWAccelerator provides startups with
investment capital, expert guidance, AI-powered solutions, and access to Google Cloud infrastructure.
RWAccelerator is designed to fast-track innovation in RWA tokenization, focusing on real estate, financial products, and alternative assets. Participants will have access to:
• Funding opportunities to accelerate startup growth
• Technical mentoring from blockchain and finance experts
• AI support to streamline operations
• Google Cloud resources, including technical workshops and how-to guides.
The program aligns with the growing RWA market, which the World Economic Forum predicts will account for 10% of global GDP ($10 trillion) by 2027.
$OM

#BinanceAlphaAlert
#MantraChain
#mantraRWA
7 Mar
Bearish
See original
Overview $OM I will try to be brief So, $OM successfully broke the 0.618 Fibonacci level at $6,745 and went lower, which may indicate further declines in the chart down to the next Fibonacci level of 0.786, with the next likely bounce point at $6,178. At the moment, I plan to observe the situation for a couple of days and possibly open a short position until the next level. You can also follow my strategy along with me and keep up with the updates by subscribing and leaving a like, but before opening any trades, conduct your own market analysis and remember, you are solely responsible for your money. May the alt season be with you! Good luck! $OM {future}(OMUSDT) #OMUSDT #MantraChain
Overview $OM

I will try to be brief

So, $OM successfully broke the 0.618 Fibonacci level at $6,745 and went lower, which may indicate further declines in the chart down to the next Fibonacci level of 0.786, with the next likely bounce point at $6,178.

At the moment, I plan to observe the situation for a couple of days and possibly open a short position until the next level.

You can also follow my strategy along with me and keep up with the updates by subscribing and leaving a like, but before opening any trades, conduct your own market analysis and remember, you are solely responsible for your money.
May the alt season be with you! Good luck!
$OM

#OMUSDT #MantraChain
14 Apr
Bearish
JP Mullin, CEO of #MANTRA Chain, spoke at the BTCON RWA Summit today about the wild $OM price crash overnight 👇 $OM 🚫 No hack 🚫 No insider or investor dumping 💥 Just big wallets using $OM as collateral got liquidated = crash happened fast He said a full post-mortem is coming soon, and no team members made profit from this mess. 🙊💦 They even pulled out from a planned ETH Seoul 🇰🇷 side event to focus on the situation. Looks like they’re taking it seriously — let’s see what comes next. 👀 DYOR! #OM  #MANTRAChain  #CryptoNews  #LiquidationWipeout {future}(OMUSDT)
JP Mullin, CEO of #MANTRA Chain, spoke at the BTCON RWA Summit today about the wild $OM price crash overnight 👇
$OM
🚫 No hack
🚫 No insider or investor dumping
💥 Just big wallets using $OM as collateral got liquidated = crash happened fast
He said a full post-mortem is coming soon, and no team members made profit from this mess. 🙊💦 They even pulled out from a planned ETH Seoul 🇰🇷 side event to focus on the situation. Looks like they’re taking it seriously — let’s see what comes next. 👀 DYOR! #OM  #MANTRAChain  #CryptoNews  #LiquidationWipeout
14 Apr
Bullish
#MantraChain community experienced turbulence in the last 24 hours following a sharp price drop of the $OM token. My analysis indicates that: 1. Founding partners and the MANTRA team did not sell tokens during the crash. 2. There was no exploit. 3. On-chain data confirms that a large forced liquidation triggered the crash and led to panic selling. This information suggests there are no fundamental problems with their ecosystem. 4. The Mantra CEO is perceived as responsible. 5. There is a significant investment of $108 million. 6. Potential economic growth due to a possible tariff pause could be beneficial. I expect the project's price to rebound. You could buy $OM now at a low price and aim for a 1x to 2x profit margin for a safer return. #DYOR* {spot}(OMUSDT)
#MantraChain community experienced turbulence in the last 24 hours following a sharp price drop of the $OM token.
My analysis indicates that:
1. Founding partners and the MANTRA team did not sell tokens during the crash.
2. There was no exploit.
3. On-chain data confirms that a large forced

liquidation triggered the crash and led to panic selling.
This information suggests there are no fundamental problems with their ecosystem.

4. The Mantra CEO is perceived as responsible.
5. There is a significant investment of $108 million.
6. Potential economic growth due to a possible tariff pause could be beneficial.

I expect the project's price to rebound. You could buy $OM now at a low price and aim for a 1x to 2x profit margin for a safer return.

#DYOR*
15 Apr
Bullish
See original
after I saw Jp Mullin as Co-Founder of Mantra $OM he will conduct a token burn for their team to maintain the price stability of token $OM but I would advise for future updates to implement a supply cap, so it cannot be printed again at another time, this can increase investor confidence. #om #mantra #MantraDao #MANTRA. #MantraChain
after I saw Jp Mullin as Co-Founder of Mantra $OM he will conduct a token burn for their team to maintain the price stability of token $OM but I would advise for future updates to implement a supply cap, so it cannot be printed again at another time, this can increase investor confidence.

#om #mantra #MantraDao #MANTRA. #MantraChain
17 Apr
Bullish
My Assets Distribution
BNSOL
OM
Others
50.24%
26.83%
22.93%
$OM OM Token Isn’t Dead—It’s Being Set Up for a Pump Right now, OM (Mantra) looks weak. The price is low, volume’s dried up, and people are saying, “It’s dead.” But that’s exactly what market makers want you to believe. This is their classic move: Suppress the price Shake out retail holders Accumulate silently Then pump hard when no one’s looking When small holders finally FOMO back in, they exit with profit, and retail is left holding the bag—again. Don’t fall for the trap. OM isn’t dead. It’s just being loaded. #om #BTC #MantraChain
$OM OM Token Isn’t Dead—It’s Being Set Up for a Pump

Right now, OM (Mantra) looks weak. The price is low, volume’s dried up, and people are saying, “It’s dead.” But that’s exactly what market makers want you to believe.

This is their classic move:

Suppress the price

Shake out retail holders

Accumulate silently

Then pump hard when no one’s looking

When small holders finally FOMO back in, they exit with profit, and retail is left holding the bag—again.

Don’t fall for the trap. OM isn’t dead. It’s just being loaded.
#om #BTC #MantraChain
22 Apr
See original
The Mantra chain will burn 46,748,029,438 tokens worth $176 million, let's discuss: John Patrick Mullin, CEO and founder of Mantra chain, is burning an allocation of 150 million tokens of 46,748,029,438 from his team share. In addition, MANTRA will also burn an additional 150 million tokens from the team and core contributors after the unstaking period ends. This strategic move will decrease the bonded ratio from 31.47% to 25.30%, which automatically increases the staking APR. Is this good news?.. Good. Will this make the Mantra token shine again?.. perhaps not. It seems that the CEO of MANTRA does not understand the concept that once disappointed, trust is hard to regain. So what will be burned? The initial supply of Mantra tokens was 888M when it was still on Ethereum. After moving to the Mantra chain, the total supply became 1.77M. As of April 2025, the supply increased to around 1.82M, so after the plan to burn 300 million Mantra tokens, the supply will drop to around 1.52M. The CEO and the Mantra chain team seem to like joking 😅 3171428494121309227558#mantracoin
The Mantra chain will burn 46,748,029,438 tokens worth $176 million, let's discuss:

John Patrick Mullin, CEO and founder of Mantra chain, is burning an allocation of 150 million tokens of 46,748,029,438 from his team share. In addition, MANTRA will also burn an additional 150 million tokens from the team and core contributors after the unstaking period ends.

This strategic move will decrease the bonded ratio from 31.47% to 25.30%, which automatically increases the staking APR.

Is this good news?.. Good.
Will this make the Mantra token shine again?.. perhaps not.
It seems that the CEO of MANTRA does not understand the concept that once disappointed, trust is hard to regain.

So what will be burned? The initial supply of Mantra tokens was 888M when it was still on Ethereum. After moving to the Mantra chain, the total supply became 1.77M.

As of April 2025, the supply increased to around 1.82M, so after the plan to burn 300 million Mantra tokens, the supply will drop to around 1.52M. The CEO and the Mantra chain team seem to like joking 😅

3171428494121309227558#mantracoin
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A melon with 70% accuracy is considered understood: 1️⃣ The actual founder of Mantra is Calvin, who hired 4 Americans to be the front 2️⃣ The 4 fronts jointly kicked Calvin out, and both sides are still in a lawsuit 3️⃣ Ni Da is not Calvin #MantraChain
A melon with 70% accuracy is considered understood:
1️⃣ The actual founder of Mantra is Calvin, who hired 4 Americans to be the front
2️⃣ The 4 fronts jointly kicked Calvin out, and both sides are still in a lawsuit
3️⃣ Ni Da is not Calvin
#MantraChain
Mantra (OM) just crashed below $0.50, and here’s why you should buy the Dip! 🐋 A big whale dumped 2M OM on Binance — taking a $25M loss! 😱 Market panicked. Price fell to $0.4152. 📉 RSI is 17.2 — extremely oversold. 📊 On-chain data is weak: low growth, whales leaving, few in profit. But wait — the OM team is firing back! 🔥 CEO announced a 300M OM token burn Less supply = possible price bounce? Still, a real comeback needs: ✅ More users ✅ Stronger fundamentals ✅ Real utility So… is this a short-term rebound or long-term revival? Stay alert, DYOR — and watch OM closely. #OM #AltcoinWatch #MantraChain #CryptoTrends2024 #CryptoAlert
Mantra (OM) just crashed below $0.50, and here’s why you should buy the Dip!
🐋 A big whale dumped 2M OM on Binance — taking a $25M loss!
😱 Market panicked. Price fell to $0.4152.
📉 RSI is 17.2 — extremely oversold.
📊 On-chain data is weak: low growth, whales leaving, few in profit.

But wait — the OM team is firing back!

🔥 CEO announced a 300M OM token burn
Less supply = possible price bounce?

Still, a real comeback needs:
✅ More users
✅ Stronger fundamentals
✅ Real utility

So… is this a short-term rebound or long-term revival?

Stay alert, DYOR — and watch OM closely.

#OM #AltcoinWatch #MantraChain #CryptoTrends2024 #CryptoAlert
Is $OM Still a Viable Investment After Its 470x Surge?$OM {spot}(OMUSDT) , the native token of the Mantra Chain, has experienced a staggering rise of 470 times, surging from a low of 0.017 in October 2023 to around 8u today. This remarkable growth has raised questions about the future of OM, especially given the broader market downturn. Some believe OM is now a major whale coin, while others argue that it still has room to grow, with projections suggesting it could eventually reach 10u. Let's take a closer look at OM, its underlying technology, and the potential risks and rewards for investors. OM Token Overview The Mantra Chain was founded in Hong Kong in 2020 by John Patrick Mullin, a Tongji University graduate, and has raised substantial funding, particularly from Middle Eastern investors and Chinese venture capitalists. Initially launched as an ERC20 token on Ethereum, OM was created for decentralized finance (DeFi) applications and boasts a total supply of 888,888,888 tokens. In 2022, the project began developing its own blockchain, and by February 2024, OM officially became the token for the Mantra Chain. Mantra's platform is built on the Cosmos ecosystem, utilizing a Proof-of-Stake (POS) consensus mechanism designed specifically for Real-World Asset (RWA) tokenization. The blockchain emphasizes flexibility and compliance, allowing users to address RWA regulatory concerns at the application layer, rather than the consensus layer, providing a more adaptable solution for on-chain compliance. Features and Developments The Mantra Chain provides several key features, including: DID (Decentralized Identity) functionality to bind users' real identities with their wallets.Guard Module for analyzing user permissions and access levels.MTS (Mantra Token Services), which facilitates RWA tokenization.A DEX that focuses on the trading of RWA tokens, with whitelisted assets to ensure security.LEEP Liquidity Solutions, designed to address liquidity shortages in the RWA space (still under development). Mantra’s current ecosystem also includes a bridge to move OM tokens between Ethereum and the Mantra mainnet, a staking platform with up to 5.65% annual yield, and the Chakra Pool, which allows users to earn USDY (a stablecoin) and additional OM rewards by staking USDC. Investment Opportunity and Risks OM presents a unique opportunity for those looking to invest in the growing RWA sector, offering potential rewards through staking and being used as gas fees on the Mantra blockchain. The ongoing hype around RWAs, coupled with the project’s innovative features, adds to its appeal. However, there are notable risks. Mantra’s TVL (Total Value Locked) is relatively low at around $4.41 million, a stark contrast to its large market cap of $7.2 billion. Furthermore, the ability of the project team to mint additional tokens could lead to inflation, and the small number of validators on the network raises concerns about centralization. Additionally, there are no live RWA applications yet, and the token distribution has seen large amounts concentrated in the hands of top holders. In conclusion, while OM has certainly captured attention with its remarkable growth, potential investors should carefully weigh both the rewards and the risks before making decisions. Its future may depend heavily on the successful development of RWA applications and increased network adoption. #OM #MantraChain #RWA #CryptocurrencyAnalysis

Is $OM Still a Viable Investment After Its 470x Surge?

$OM

, the native token of the Mantra Chain, has experienced a staggering rise of 470 times, surging from a low of 0.017 in October 2023 to around 8u today. This remarkable growth has raised questions about the future of OM, especially given the broader market downturn. Some believe OM is now a major whale coin, while others argue that it still has room to grow, with projections suggesting it could eventually reach 10u. Let's take a closer look at OM, its underlying technology, and the potential risks and rewards for investors.
OM Token Overview
The Mantra Chain was founded in Hong Kong in 2020 by John Patrick Mullin, a Tongji University graduate, and has raised substantial funding, particularly from Middle Eastern investors and Chinese venture capitalists. Initially launched as an ERC20 token on Ethereum, OM was created for decentralized finance (DeFi) applications and boasts a total supply of 888,888,888 tokens. In 2022, the project began developing its own blockchain, and by February 2024, OM officially became the token for the Mantra Chain.
Mantra's platform is built on the Cosmos ecosystem, utilizing a Proof-of-Stake (POS) consensus mechanism designed specifically for Real-World Asset (RWA) tokenization. The blockchain emphasizes flexibility and compliance, allowing users to address RWA regulatory concerns at the application layer, rather than the consensus layer, providing a more adaptable solution for on-chain compliance.
Features and Developments
The Mantra Chain provides several key features, including:
DID (Decentralized Identity) functionality to bind users' real identities with their wallets.Guard Module for analyzing user permissions and access levels.MTS (Mantra Token Services), which facilitates RWA tokenization.A DEX that focuses on the trading of RWA tokens, with whitelisted assets to ensure security.LEEP Liquidity Solutions, designed to address liquidity shortages in the RWA space (still under development).
Mantra’s current ecosystem also includes a bridge to move OM tokens between Ethereum and the Mantra mainnet, a staking platform with up to 5.65% annual yield, and the Chakra Pool, which allows users to earn USDY (a stablecoin) and additional OM rewards by staking USDC.
Investment Opportunity and Risks
OM presents a unique opportunity for those looking to invest in the growing RWA sector, offering potential rewards through staking and being used as gas fees on the Mantra blockchain. The ongoing hype around RWAs, coupled with the project’s innovative features, adds to its appeal.
However, there are notable risks. Mantra’s TVL (Total Value Locked) is relatively low at around $4.41 million, a stark contrast to its large market cap of $7.2 billion. Furthermore, the ability of the project team to mint additional tokens could lead to inflation, and the small number of validators on the network raises concerns about centralization. Additionally, there are no live RWA applications yet, and the token distribution has seen large amounts concentrated in the hands of top holders.
In conclusion, while OM has certainly captured attention with its remarkable growth, potential investors should carefully weigh both the rewards and the risks before making decisions. Its future may depend heavily on the successful development of RWA applications and increased network adoption.
#OM #MantraChain #RWA #CryptocurrencyAnalysis
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