Such things are bound to happen with any coin :) However, this coin has been backed by many main players in the market, and with the RWA concept behind it, it stands to reason.

$OM
why is it that when the market rises, the comments are around the market manipulation, and when the value of the coin drops, "It was bound to happen?"

With the way Mantra is, it is poised to lead the RWA movement, especially if the U.S. eliminates capital gains taxes for crypto projects.

And what is RWAs? Real World Tokenization.

RWA tokenization brings clear structural advantages such as faster settlements, reduced fees, and enhanced liquidity. Mullin predicts that these efficiencies, when combined with a favorable regulatory environment, will accelerate adoption among asset managers, banks, and institutions.

While there will be a pull back from this increase, please understand that the chances of going back to its original prices are low.

Unless, this is an elaborate scheme 😅

#OM #RWAProjects