Just noticed something interesting with $OM...
Been watching how #MANTRA is building: first regulated L1 focusing purely on real-world assets. The Dubai ecosystem they're creating with the MAG & Novus is impressive.
Market's telling a clear story:
- Shorts getting absolutely rekt ($20M+ liquidated)
- Meanwhile, only ~$400K in long liquidations
- Most holders staking at 18% APY
- Real institutional players involved
Reminds me of early $SOL days, but with actual use cases already live.