🚀 MANTRA Burns 150M OMTokens(82M) – Is a Mega Rally Coming? 🔥 The Biggest $OM Burn Yet – What It Means for Investors
In a massive deflationary move, MANTRA has **permanently burned 150 million
OMtokens∗∗(worth 82 million)! This strategic burn removes 11% of the total supply from circulation, setting the stage for potential price appreciation.
Why This Is a Game-Changer ✅ Supply Shock – Fewer tokens = higher scarcity, boosting long-term value. ✅ Stronger Trust – Shows commitment to sustainable growth, not short-term pumps. ✅ Rewards HODLers – Reduced sell pressure benefits long-term investors.
CEO John Patrick Mullin’s Vision MANTRA’s leadership is doubling down on Real-World Assets (RWA) and DeFi growth, aiming to:
Rebuild investor confidence
Drive organic adoption
Positio as a major player in tokenized assets
Price Outlook – Cooling Before the Storm? Current Price: $0.5156 (-3.7%)
Key Support: $0.50 (hold here = bullish reversal potential)
Next Targets: 0.60 → 0.60→0.75 → $1+ (if momentum returns)
Should You Buy Now? 📉 Short-term: Possible volatility, but 0.45 – 0.45–0.50 is a strong accumulation zone. 📈 Long-term: If adoption grows, this burn could be the catalyst for a major rally.
💡 Final Takeaway: With reduced supply and increasing utility, $OM is now primed for a breakout. Keep this gem on your radar!