MANTRA Burns 150M $OM Tokens (Worth $82M) – Is a Mega Rally on the Horizon?

🔥 The Largest $OM Burn Yet – Here's What It Means for You

In a bold deflationary move, MANTRA has permanently burned 150 million OM tokens — equivalent to $82 million! This strategic action eliminates 11% of the total supply, potentially paving the way for a major price surge.

Why This Matters:

✅ Supply Shock: A reduced supply boosts scarcity, which can drive up long-term value.

✅ Investor Confidence: Reinforces MANTRA’s commitment to sustainable growth, not just quick gains.

✅ HODLer Advantage: Lower sell pressure benefits patient, long-term holders.

CEO John Patrick Mullin’s Big Bet

MANTRA’s leadership is all-in on Real-World Assets (RWA) and DeFi expansion, with goals to:

Rebuild investor trust

Drive organic ecosystem growth

Position MANTRA as a leader in tokenized assets

Price Action – Calm Before the Rally?

Current Price: $0.5156 (-3.7%)

Key Support: $0.50 (Holding this level could spark a bullish reversal)

Next Targets: $0.60 → $0.75 → $1+

Is Now a Good Entry Point?

📉 Short-term: Expect some volatility, but $0.45–$0.50 is a strong accumulation zone.

📈 Long-term: If adoption picks up, this burn could ignite a massive rally.

💡 Final Thoughts:

With reduced supply and growing utility, $OM is well-positioned for a breakout. Definitely one to watch closely!

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