MANTRA ($OM ) is the native token of the first layer (L1) MANTRA blockchain. Over the past year, the cryptocurrency has soared by an impressive 9,660+%. The secret to its success is the popularity of tokenized real-world assets (RWA), which have also become one of the main narratives of 2024.

At the beginning of the year, OM was trading at a rather modest price of ~$0.040. By December 11, the price of the altcoin reached an all-time high of $4.60. At the time of writing this review, OM is trading at $3.76, having already corrected from this peak.

The MANTRA token has reached new price records whenever it broke out of the “descending triangle” pattern. Such situations occurred in June, as well as between November and December

Now the altcoin has a chance to repeat this success. If the forecast is correct, the rate could soar to $5.50 in the first weeks of the new year. But there is a more bearish scenario. The OM price could fall to $2.50 if the market demand for RWA suddenly starts to decline.$PEPE $DOGE