$OM 🔥 Update on the OM Token (May 29, 2025)
The OM token (Mantra DAO) continues to recover after the crash on April 13, when the price fell by more than 90%. In response, the team conducted a burn of 300 million tokens (16.5% of the supply) — 150 million have already been destroyed, and another 150 million will be burned with the involvement of partners.
📉 Current price: ~$0.388
🔐 Staking: Yield has increased after the reduction of the lock-up ratio
📊 Key levels:
Support: $0.35
Resistance: $0.45 and $0.52
⚠️ Most holders are at a loss, and selling pressure remains. It is important to monitor the actions of large wallets and new steps from the team.
