$OM Breaking Update
MANTRA (OM) is gaining traction after burning 300 million tokens and revamping its governance model.
The project has made bold moves to decentralize by slashing its internal validator count and bringing in new external partners. It’s also shifting to an inflationary tokenomics model, signaling a new chapter in OM’s ecosystem strategy.
These foundational updates, paired with ongoing token unlocks, are drawing fresh attention from investors and boosting engagement across the market. OM is currently trading between $0.43 and $0.44 , reflecting modest gains of 0.7% to 0.86% over the past day. Daily trading volume is strong, ranging from $121M to $157M, with a circulating supply near 967 million tokens. The current market cap is estimated at $372M to $451M, indicating solid liquidity.
On the technical side, OM is holding key support zones while showing bullish momentum. Indicators like RSI and MACD are flashing strength, and traders are watching for breakout setups. The combination of structural reforms and technical stability is helping anchor OM's current price action and maintain investor confidence.
