🚀 MANTRA Burns 150M $OM – Massive Supply Shock! 🔥
MANTRA has just permanently burned 150 million $OM tokens (worth $82M) — wiping out 11% of total supply in one move!
What it means:
✅ Scarcity Boost – Fewer tokens = stronger long-term value.
✅ Investor Confidence – Focus on real, sustainable growth (not just hype).
✅ HODLer Power – Lower sell pressure rewards loyal holders.
CEO John Patrick Mullin’s Game Plan:
→ Focus on Real-World Assets (RWA)
→ Strengthen DeFi ecosystem
→ Cement MANTRA’s leadership in tokenized assets.
Market Snapshot:
Current Price: $0.5156 (-3.7%)
Support Zone: $0.50 (critical to hold)
Next Targets: $0.60 → $0.75 → $1+ (if momentum returns)
Is Now a Good Time?
📉 Short-term: Volatility expected, $0.45–$0.50 = strong buy zone.
📈 Long-term: Supply shock + adoption push = major rally potential.
Bottom Line:
With 11% of supply burned and a clear vision for RWA growth, $OM could be gearing up for something BIG. Stay alert!
