If we look at the following points and milestones, it is hard to believe that the current panic and price drop is really a scam. I myself am not of the opinion, hold my coins. What do you think?
As of April 20, 2025, Mantra (OM) is trading at approximately $0.58 USD, reflecting a slight decrease of about 0.07% from the previous close. The token has experienced an intraday high of $0.62 and a low of $0.58.
Mantra (OM) has recently garnered significant attention, particularly due to its involvement in the Real World Assets (RWA) sector. The token has seen substantial growth, with its price increasing over 7,170% in 2024. This surge is attributed to several strategic developments:
Strategic Partnerships: Mantra announced a partnership with Google Cloud in late October 2024, enhancing its blockchain infrastructure's scalability and security.
Mainnet Launch: The successful launch of Mantra's mainnet on October 23, 2024, marked a significant milestone, enabling users to build tokenization projects in a secure environment.
Airdrop Initiatives: The announcement of the GenDrop airdrop initiative in November 2024 generated excitement among holders, contributing to increased trading activity.
RWA Integration: Mantra's collaboration with Ondo to create an RWA savings vault allows users to gain exposure to U.S. Treasury yields, bridging traditional finance with blockchain technology.
Despite the recent dip, analysts remain optimistic about Mantra's potential, citing its strategic initiatives and growing influence in the RWA sector as key factors for future growth. This is also my opinion.