🚀 MANTRA Burns 150M OMTokens ($82M) – Is a Major Rally on the Horizon?
🔥 Record-Breaking $OM Burn – Here’s What It Means for Investors
In a massive deflationary move, MANTRA has permanently burned 150 million OM tokens (valued at $82 million)! This burn removes 11% of the total supply, paving the way for potential price appreciation.
Why This Matters
✅ Supply Shock – Fewer tokens in circulation = higher scarcity and potential long-term value.
✅ Stronger Credibility – Reinforces MANTRA’s commitment to sustainable growth over quick pumps.
✅ HODLer Benefits – Less sell pressure means long-term holders could reap bigger rewards.
CEO John Patrick Mullin’s Vision
MANTRA’s leadership is doubling down on Real-World Assets (RWA) and DeFi expansion, focusing on:
Restoring investor confidence
Driving organic growth
Positioning MANTRA as a leader in tokenized assets
Price Update – Calm Before the Storm?
Current Price: $0.5156 (-3.7%)
Key Support: $0.50 (holding this level could spark a bullish reversal)
Next Targets:
→ $0.60 → $0.75 → $1+ (if momentum kicks back in)
Is Now the Time to Buy?
📉 Short-Term: Expect some volatility; $0.45–$0.50 is shaping up as a strong accumulation zone.
📈 Long-Term: If adoption accelerates, this burn could be the spark for a major rally.
💡 Final Thoughts:
With a reduced supply and growing real-world utility, $OM is looking primed for a breakout. Keep a close eye on this one!
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