After months of waiting, MANTRA (
$OM ) has made good on its promise ā and it wasnāt just symbolic. 150 million tokens (worth over $82 million) have been permanently burned, wiping 11% of total supply off the market in one bold move.
As I expected, the price is currently not moving much. However, it is important that you continue to watch ;)
For early believers and dip buyers who scooped up
$OM after its brutal -90% crash, this could be the turning point theyāve been waiting for.
Why This Burn Matters
This isnāt your average PR stunt. This is a supply shock ā and itās measurable:
⢠š„ 150M
$OM gone ā permanently removed from circulation
⢠š 11% of total supply destroyed ā reducing future sell pressure
⢠š”ļø Confidence restored ā MANTRA delivered what it said it would
Letās not forget: many projects talk about deflationary strategies but rarely follow through. MANTRA just did.
Post-Burn Price Action: Is the Tide Turning?
At the time of writing, OM trades at $0.527, having recovered from a recent dip near $0.50. Itās holding just above the critical support level ā and showing signs of stabilization.
Price Action Snapshot:
⢠Current Price: $0.527
⢠Support Zone: $0.50 (must hold for bullish bias to remain)
⢠Resistance Levels:
ā TP1: $0.60 ā key psychological barrier
ā TP2: $0.75 ā post-burn euphoria target
ā TP3: $1.00+ ā longer-term if RWA traction materializes
What Traders Should Watch Next:
⢠ā
Hold above $0.50ā$0.52 = strong base for next move
⢠š Break above $0.60 = signal that bulls are regaining control
⢠ā ļø Lose $0.50 = opens downside risk to $0.45
But Is the Rally Sustainable?
The burn alone isnāt enough to sent OM back to ATHs ā but it does restore credibility and resets the tokenomics in a more bullish direction. Add to that the teamās renewed focus on Real World Assets (RWA) and DeFi infrastructure, and you have a foundation that could support a true reversal ā not just a dead cat bounce.
Bottom Line
If you bought OM After the crash and held on ā this is your moment. The promised burn is real, supply is down, and the market is paying attention again. Itās still early, but the pieces are falling into place for a serious recovery ā if momentum holds.
Another Analyses for transparancy ā¬ļø ššµļøāāļø
Keep your eyes on volume, resistance levels, and broader market sentiment. MANTRA just made a move. The question is: will the market follow?
#OM #MantraDAO #TokenBurn #RWA #Altcoins #BullishReversal #CryptoRecovery