April 22, 2025 – Mantra (OM), a leading project in decentralized finance (DeFi) and tokenization of real-world assets (RWAs), is in the spotlight after announcing a significant token burn. With a current price of $0.508 and a market capitalization of $482 million, Mantra seeks to restore investor confidence after a 90% drop on April 13. For investors, the question is: will this be the moment to bet on recovery?
A Plan to Reclaim the Market
Mantra (OM) announced that by April 29, 2025, 150 million OM tokens, belonging to CEO John Patrick Mullin, will be burned, reducing the total supply from 1.82 billion to 1.67 billion. "We are committed to restoring community trust and strengthening the OM token economy," the team stated in an official statement. The burn, which may extend to 300 million tokens with partner involvement, aims to increase scarcity and annual percentage return (APR) for stakers.
The partnership with DAMAC Group to tokenize $1 billion in assets, including real estate and data centers, reinforces Mantra's potential in the RWA sector. Additionally, a token buyback program with a $109 million fund and a tokenomics panel for transparency have been launched. "Our mission is to lead the tokenization of real assets with robust governance," the company stated.
Forecasts and Opportunities
Analysts predict that OM could reach $0.61 to $1.39 by the end of 2025, a growth of 20% to 173%. The burn and the RWA narrative could drive the price, especially in a projected altseason for the second quarter. Supports at $0.50 and resistances at $0.59 and $0.71 are key levels to monitor.
Risks to Consider
Recent volatility and allegations of manipulation have shaken confidence, with the risk of whale sell-offs pressuring the price in the short term. Competition with projects like Ondo Finance, recently listed on Binance's spot market, is also a challenge. Investors should assess the execution of the burn and ongoing transparency.
Mantra (OM) offers a speculative opportunity for investors willing to tolerate risks. Token burning and strategic partnerships signal recovery potential, but caution is essential. Consider entries at $0.50 with targets at $0.71, diversifying to mitigate volatility.
Sources: CoinMarketCap, BeInCrypto, MantraChain.io.
Note:
Invest cautiously, using only capital that can be risked. Consult regulated exchanges, such as Mercado Bitcoin, for secure trading.
The information provided in this article is general in nature and should not be construed as financial, legal, or professional advice. Invest and make decisions with caution, and consult qualified experts before acting. The cryptocurrency market is highly volatile and involves significant risks.