$OM
Back on the Radar – Here's Why Traders Are Watching Closely
After a brutal 90% crash in April, most thought OM was done. But guess what? The comeback has begun—and it's gaining serious momentum.
In just 24 hours, OM surged over 34%, flipping fear into FOMO. What’s fueling the rally?
1. Major Token Burn:
The founder of Mantra just burned 150 million OM from his own wallet—with plans to burn up to 300 million. That’s a massive 16.5% supply cut. Less supply, more demand = price pressure upwards.
2. Strong Recovery Moves:
Even during the market dump, Mantra’s chain stayed rock-solid. They also launched OMSTEAD, their EVM-compatible testnet—showing they’re building, not backing down.
3. Power Partnerships:
Mantra’s teaming up with real giants—like Google Cloud and DAMAC Group—to tokenize \$1B+ in real-world assets. That’s serious ecosystem growth.
*4. Technicals Looking Hot:
OM is currently hovering near \$0.49, with resistance at \$0.55 and \$0.60. RSI is high, so we may see a pullback—but the volume and interest are loud.
OM is turning its worst moment into a power move. The community is buzzing. The fundamentals are getting stronger. And the chart? It’s waking up.
“From crash to comeback—OM is rewriting the story. Are you watching this move?”
