$OM
0.5096
-2.3%
๐ MANTRA Burns 150M
OMTokens(82M) โ Is a Mega Rally Coming?
๐ฅ The Biggest $OM Burn Yet โ What It Means for Investors
In a massive deflationary move, MANTRA has **permanently burned 150 million
OMtokensโโ(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
โ Supply Shock โ Fewer tokens = higher scarcity, boosting long-term value.
โ Stronger Trust โ Shows commitment to sustainable growth, not short-term pumps.
โ Rewards HODLers โ Reduced sell pressure benefits long-term investors.
CEO John Patrick Mullinโs Vision
MANTRAโs leadership is doubling down on Real-World Assets (RWA) and DeFi growth, aiming to:
Rebuild investor confidence
Drive organic adoption
Position as a major player in tokenized assets
Price Outlook โ Cooling Before the Storm?
Current Price: $0.5156 (-3.7%)
Key Support: $0.50 (hold here = bullish reversal potential)
Next Targets:
0.60
โ
0.60โ0.75 โ $1+ (if momentum returns)
Should You Buy Now?
๐ Short-term: Possible volatility, but
0.45
โ
0.45โ0.50 is a strong accumulation zone.
๐ Long-term: If adoption grows, this burn could be the catalyst for a major rally.
๐ก Final Takeaway:
With reduced supply and increasing utility, $OM is now primed for a breakout. Keep this gem on your radar!