MANTRA (OM) – Current Price: Approximately $0.79
"OM Strongly Rebounds After Plummeting – Is it an Opportunity or a Trap?"
OM plummeted from approximately $6.3 to below $0.50 on April 13, 2025, but quickly rebounded, currently priced at about $0.79, with an increase of over 28% in the last 24 hours. The trading volume reached $1.41 billion, indicating renewed investor interest in the project.
Reasons for the plummet include:
• 17 whale addresses sold over 43.6 million OM (approximately $227 million) in a short time.
• There are rumors that the project team sold tokens, but the official team denied this and attributed the issue to the liquidity problems of centralized exchanges.
Personal Strategy:
I made a small speculative buy in the $0.60–$0.65 range to observe market reactions.
If OM can stabilize above $0.75 for several days, I may consider gradually increasing my position.
Ending Guidance:
Do you think OM can regain $1 this month?
Or is this just a technical rebound? Feel free to leave a comment to share your views!
Tags:
#OM #MANTRA #Altcoins #CryptoNews #BinanceFeed #