$OM 🔥 (Mantra DAO) — May 27, 2025: Why did the price drop to $0.38? 🔥
April 13 — catastrophe: a drop from $6.30 to $0.50, a loss of over $6 billion in market capitalization. 😱
The team responded by burning 300 million OM — an attempt to save the project and reduce price pressure. 🔥💥
BUT! Large transfers from the team and whales to Binance continue — which means the pressure remains. 📉💣
Facts:
📌 Market capitalization: ~$300 million
📌 Support: $0.35 — critically important!
📌 Resistance: $0.45 and $0.52 — this is where fate is decided!
Risks:
⚠️ Team sales = pressure on the price
⚠️ Competition in RWA — many strong competitors
⚠️ Transparency and development — currently weak points
Forecast:
🚀 Bullish scenario: $2–5, if RWA is actually launched and institutions come in
⚖️ Moderate: $0.5–$1 — stability and anticipation
💀 Bearish: < $0.25 — if the project does not revive
Conclusion:
OM is a high-stakes roulette. Keep an eye on large wallets and news! Big money and big risks are at play.