Lately, many posts are going viral on Binance Square claiming OM (Mantra) Coin could reach $9 again. Is it hype or reality? Let’s break it down step by step 👇
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📢 What People Are Saying on Square
One user boldly claimed: “$OM will reach $9 in the next 10 days!”
Another post discussed the conditions for OM to hit $9:
✅ Broader adoption
✅ Major DeFi partnerships
✅ Bull market push
✅ Token supply reduction
Some are optimistic, but others warn this would mean a massive 3000% jump, which needs big market momentum.
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📉 What Happened to OM?
OM hit an all-time high of $8.99 on Feb 23, 2025.
Then, a huge crash on April 13, 2025, wiped out almost 90% in hours.
Cause? Suspected forced liquidation of a big leveraged Binance position.
Nearly $5–6 billion in value vanished in a single day!
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🔥 What the Team Did Next
Burned 160 million OM tokens, including half of the founder's share.
Denied rug-pull rumors and blamed forced liquidation.
Committed to decentralization by reducing internal validator control.
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📊 Current Status & Market Sentiment
OM is now trading around $0.30–$0.38 — down nearly 96% from its ATH.
Analyst outlooks are cautious. Most see $0.33–$0.50 as short-term range.
CoinLore projects $9–$11 possible by end of year — but only in a perfect bull scenario.
On-chain data still shows seller dominance and resistance around $0.48.
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🎯 Can OM Hit $9 Again?
Let’s be honest — yes, it’s technically possible, but very unlikely soon.
It would need:
🔹 A massive crypto bull run
🔹 Strong adoption + real-world DeFi utility
🔹 Big partnerships or listings
🔹 A complete recovery of investor trust
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🧠 Final Thoughts
Reaching $9 again would mean a 3000%+ surge from current levels.
Right now, the trend is bearish to neutral.
If confidence returns and crypto goes full bull — we might see $1–$2 in coming months, but $9 remains a long-term dream for now
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💬 What do you think? Is $9 coming back or just another hype cycle?
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