Neither up nor down, you guys are really hard to please.

17 months increase of 38000%! The largest RWA token, suspected price manipulation?

When it comes to RWA tokenization, some people may not be familiar with it, simply understood as "real-world asset tokenization".

In recent years, RWA tokenization has received increasing attention. Mantra (OM) has shown strong development momentum as a flagship token in the RWA field, with a market capitalization of approximately 6.5 billion at the time of writing, making it the largest RWA token by market cap.

Mantra is the native token of the MantraLayer1 blockchain, used for project governance through Mantra DAO.

Mantra is an RWA Layer1 blockchain for the tokenization of real-world assets. According to the project, it provides users with a compliant network for token issuance and other transactions.
Mantra is built using Cosmos multi-chain and IBC technology, featuring tokenization infrastructure aimed at achieving efficient interoperability with other networks and protocols (such as decentralized exchanges).

Looking at the performance from January 1, 2024, to December 31, 2024, Mantra's price has increased by over 5700%.

On October 12, 2023, Mantra's price fell to an all-time low of $0.01726, but this also became a turning point for Mantra.

Since then, Mantra has maintained a high growth trend, with an increase of over 38000% compared to the historical low.

According to CoinGecko data, Mantra's current price is $6.6, with a market cap exceeding $6.5 billion and a daily trading volume of over $77 million, further solidifying its position as one of the best-performing crypto assets of 2024.
#RWA #币安合约将上线JELLYJELLY