Future Predictions
- The MANTRA platform announced the burning of 300 million units of OM currency, which reduces the total supply of the currency and encourages participants to hold the currency instead of selling it.
- It is expected that the annual profit rate for staking participants will increase after the burn, making the currency more attractive to investors.
- However, the currency has seen a significant drop in its price earlier, raising many questions among investors and followers of the project.
Summary
The OM currency shows improvement in the current price, with positive expectations due to the currency burn and supply reduction. However, the market is still volatile, and investors should do their own research and consult a certified financial advisor before making any investment decisions.