$OM Factors to consider in the short term:
Market volatility: MANTRA (OM) has experienced large price fluctuations. Its value has risen and fallen significantly, making it a high-risk investment.
General market trend: The price of MANTRA, like many altcoins, is often affected by the movements of major cryptocurrencies such as Bitcoin (BTC). If Bitcoin goes up or down, OM is likely to follow a similar trend.
Project developments: News and updates about the MANTRA project (such as new partnerships, advancements in its technology, or significant launches) can have a direct impact on its price in the short term. For example, news about EVM compatibility and the tokenization of real-world assets (RWA) has generated interest.
Investor sentiment: Sentiment on social media and the level of "greed" or "fear" among investors also influence the price. Positive sentiment can drive buying, while fear can lead to massive sell-offs.
Price outlook
Short-term price predictions found on different platforms are varied and often contradictory, highlighting the speculative nature of the market. Some analysts suggest there could be a recovery, while others foresee continued volatility. In other words, it is a risky investment .....