It continues to be the pioneer of the Altcoin market with Bybit listing. After the list of mantra (OM), one of the most powerful performance projects in the Altcoin market, reached the highest level of all time at the weekend. Among the most important developments that increase the interest of investors, Bybit’s listing and upcoming AirDrop event.
Bybit listing and increase in transaction volume
The price of Mantra, after the list of Bybit stock exchange rose by 38.93 %reached 8.20 dollars. This rise means an increase of more than 100 %since the New Year. In the last 12 months, the mantra increased its total market value to over $ 7.6 billion by experiencing a mantra and 2,600 %rise.
With the listing of Bybit, 120,000 om prize pools were created. Users can participate in various competitions to get a share from this pool. Mantra’s 24 -hour trading volume on Bybit reached 36 million dollars, while the total transaction volume on CEX and Dex exchanges increased by 267 %to $ 755 million.
TOKIZATION PROJECTS AND AIRDROP ANNOUNCEMENT
The Mantra team recently announced an Airdrop of 50 million om token. These awards, whose total value of exceeding $ 375 million, will only be distributed to real OM owners. This development increased the interest of investors’ interest in OM Token and contributed to the rise of the price.
https://x.com/mantra_chain/status/188995766530726094
In addition, mantra takes great steps in the field of real -world assets (RWA) toxination. Giant financial institutions such as Blackrock, Apollo Global Management and Franklin Templeton also invest in this field. In addition, ondo Finance has launched a new platform to tokeize shares in American stock exchanges. These projects can make global investors more easily accessible to US stocks and bonds.
Mantra and Grash cooperation
Mantra provided an agreement with Dubai -based giant real estate company Damac to tokeize a $ 1 billion real estate portfolio. The success of this project may increase the interest of Mantra’s tokension solutions and may be positively reflected in its price.
Real Estate Tokinization can make investors more easily accessible to physical assets, increasing liquidity and making the market more efficient. Mantra’s pioneer in this field can make it an important player in the industry.
Technical Analysis and Future Expectations
The price of OM has reached new peaks by exceeding $ 6.46, an important resistance point. According to technical indicators, the price movement continues to remain above all moving averages. It also shows that the average direction index (ADX) reaches 45 and has a strong rise momentum.
In line with these technical indicators, the price of mantra is expected to continue the rise and test the psychologically important $ 10 level. According to analysts, these rally investors can create FOMO (fear of kidnapping) and see more demand.
