A crypto investor achieved a reserve with OM Token investment. In this move, the investor managed to convert 378 thousand dollars to 50.64 million dollars. The price of OM recorded about 3000 percent in a year. Token reached a new summit four days ago. In the meantime, analysts foresee 15 dollars or higher prices for OM.
Crypto investor won a deck with OM!
A crypto investor invested 387 thousand dollars in the mantra (OM) token about nine months ago. At that time, the investor acquired an average of $ 0.04 worth $ 9.33 million. However, the price of OM rose over time. Thus, the value of the tokens in the hands of the investor reached $ 50.64 million.
The crypto trader sold 4 million tokens for 13.27 million dollars and still holds the rest. On-Chain Observer Data Nerd claims that if it sells at the current OM price, the profit it will get from this total investment will be $ 50.64 million. Trader has been holding his token for nine months, although the OM reached ATH just a few days ago. This long -term Holding shows its confidence in Altcoine. The investment return with the same confidence has increased to 134 times.
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OM Price Rally: What causes fluctuating?
Mantra (OM) is the 22nd largest crypto currency with a market value of $ 7.14 billion. However, Token did not always have a high stance because the price was fighting for years before making a breakthrough in 2024. However, the price of OM saw an increase of 105 %last month. During this period, OM reached a new ACT $ 7.95 four days ago. Token was traded for $ 7.45 during the article.
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This significant increase came with the stable growth of the token. Kriptokoin.comAs you followed, the latest milestone was to obtain Dubai’s virtual asset service provider (VAHP) license from the Virtual Assets Regulatory Authority (VARA). This supported the price increase by increasing the confidence of OM Holderals. However, some analysts call it only the beginning before foreseeing a higher target.
Will the crypto money price reach $ 15?
Most of the OM price estimates indicate a $ 15 target or a higher rally after the last kilometer stones. Rache Crypto, a famous crypto analyst, claims that the OM is acting in line with expectations and the next target will be $ 15 if it continues. Another analyst foresees $ 20. But some limit it to only $ 8.5.