#OMC
🚀🚀OM Coin (MANTRA) Bounces Back
OM Price Rebound: As of May 21, 2025, $OM (Mantra) is staging a strong comeback. It’s trading around $0.4386 – roughly +12.9% in 24 h. 24 h trading volume has surged over $407M, highlighting a rush of investor activity. This rally follows April’s historic crash: OM plunged ~90% in hours (from ~$6.21 to $0.49) during a forced-liquidation event. Mantra’s team responded with aggressive measures (e.g. burning ~150M OM tokens) to stabilize the market.
💹 Price (May 21): ~$0.4386 (▲+12.89% 24h)
📈 24h Volume: ≈$407M (surged trading activity)
⚠️ April Crash: -90% plunge (from $6.21 to $0.49)
🔥 Recovery Moves: Burned ~150M OM; governance upgrades under way
📊 Investor Interest: OM still holds a sizeable market cap, signaling ongoing institutional/retail support
Technical Outlook: Charts show that $0.50 has acted as a strong support zone and a breakout above ~$0.58 could ignite fresh buying interest. Moving averages are flattening, suggesting stabilization and potential upside momentum. Despite April’s crash, Mantra’s real-world asset focus and staking yields are drawing attention. In fact, analysts note OM’s retained market cap implies continued institutional & retail confidence. Altogether, the data and technicals point to cautious optimism for OM, as investors eye further gains amid broader crypto rally.
what's your opinion
Follow for more insight 💡
