$OM - Massive Burn Could Spark a Rally!
🚀 MANTRA burns 150M OM tokens (worth $82M) — Is a price surge coming?
In a huge deflationary move, MANTRA has permanently burned **150M OM** (11% of the supply).
What this means for investors:
✅ **Supply Shock:** Fewer tokens = higher scarcity = potential price boost.
✅ **Trust Boost:** Solidifies commitment to long-term growth over quick pumps.
✅ **HODLers Win:** Reduced sell pressure supports long-term holders.
CEO John Patrick Mullin’s Vision
MANTRA is focused on real-world assets (RWA) and DeFi, aiming to:
- Rebuild investor trust
- Drive organic growth
- Position as a leader in tokenized assets
Price Outlook
Current Price: $0.5156 (-3.7%)
Key Support: $0.50 (holding here = bullish potential)
Targets: $0.60 → $0.75 → $1+ (if momentum picks up)
Should You Buy Now?
📉 **Short-term:** Expect some volatility. $0.45–$0.50 is a solid buy zone.
📈 **Long-term:** With growing adoption, this burn could fuel a major rally.
Final Takeaway:
With reduced supply and increasing utility, $OM is setting up for a breakout. Keep it on your radar!
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