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MANTRA ($OM) Crypto Forecast: Up 11.8% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is MANTRA?

OM (OM Coin) Market: Cryptocurrency OM Coin, part of the Mantra DAO ecosystem, experienced a significant bullish movement today in the cryptocurrency market.

Why is MANTRA going up?

OM crypto is up 11.8% on May 21, 2025 13:37

  • OM Coin surged by 23% after being listed on Upbit, sparking excitement and potential for a sustainable rally fueled by the listing hype.
  • The additional boost in price could be attributed to a recent Sports RWA deal, further enhancing investor confidence in the project.
  • Despite a previous price crash in April, the listing on Upbit managed to trigger a 15.7% surge, indicating a strong recovery sentiment among traders.
  • The positive market movement comes amidst some market-making scandals involving Movement Labs and Mantra, highlighting the volatile nature of the crypto market but not significantly impacting OM's bullish momentum.

OM Price Chart

OM Technical Analysis

OM News

Mantra, OM Coin Jumps 23% After Upbit Listing, Can Hype Trigger A Sustainable Rally?

Mantra, OM Coin Jumps 23% After Upbit Listing, Can Hype Trigger A Sustainable Rally?

https://coinpedia.org/price-analysis/mantra-om-coin-jumps-23-after-upbit-listing-can-hype-trigger-a-sustainable-rally/

0 News Article Image Mantra, OM Coin Jumps 23% After Upbit Listing,  Can Hype Trigger A Sustainable Rally?

Mantra (OM) Surges After Upbit Listing and Sports RWA Deal

Mantra (OM) Surges After Upbit Listing and Sports RWA Deal

https://www.coingabbar.com/en/crypto-currency-news/mantra-om-surges-post-upbit-listing-and-strategic-rwa-deal

1 News Article Image Mantra (OM) Surges After Upbit Listing and Sports RWA Deal

Upbit’s MANTRA (OM) Listing Triggers 15.7% Surge Following April Price Crash

Upbit’s MANTRA (OM) Listing Triggers 15.7% Surge Following April Price Crash

https://beincrypto.com/mantra-om-upbit-listing-price-surge/

2 News Article Image Upbit’s MANTRA (OM) Listing Triggers 15.7% Surge Following April Price Crash

Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

https://www.coindesk.com/markets/2025/05/17/movement-labs-and-mantra-scandal-are-shaking-up-crypto-market-making

3 News Article Image Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

MANTRA Price History

14.04.2025 - OM Crypto was up 6.7%

  • The recent addition of Nansen as a validator in the Mantra network has had a positive impact on the price forecast for OM.
  • This partnership is believed to have boosted confidence in the project's future development and potential.
  • Consequently, the market reacted positively to this development, leading to the bullish movement in OM's price.

07.04.2025 - OM Crypto was down 5.7%

  • The bearish movement in OM today can be attributed to a combination of factors:
  • The RSI dipping below 20 indicates oversold conditions, triggering selling pressure from traders.
  • A massive whale dump causing the token to drop below $0.50 likely led to panic selling among investors.
  • The burning of $82M tokens following a $5B market crash may have eroded confidence in OM's value proposition.
  • Speculations about OM's crash being a harbinger of doom for the altcoin season could have further dampened sentiment, leading to the bearish movement.

01.04.2025 - OM Crypto was down 5.1%

  • The bearish movement of OM could be attributed to overall market sentiment towards altcoins, as indicated by the questions surrounding the future of altcoin season.
  • The focus on other cryptocurrencies like SHIBA and BlockDAG might have diverted attention away from OM, leading to its slide.
  • The mention of a presale for a project with a positive market response could have drawn investors away from OM, impacting its performance.
  • The repetition of the term "Token Crash" in various sources may have exacerbated concerns and led to increased selling pressure on OM.

02.04.2025 - OM Crypto was down 7.3%

  • The bearish movement of OM could be attributed to the overall market sentiment towards altcoins, as questioned if it is a harbinger of doom for altcoin season.
  • Systemic risks pointed out by the CEO of Mantra might have added to the negative sentiment surrounding the token, potentially causing investors to sell off.
  • The focus on other cryptocurrencies like SHIBA and BlockDAG might have diverted attention away from OM, leading to a decrease in buying interest.
  • Mention of a presale by Celestia becoming a hot move in April could have attracted investors away from OM, contributing to its slide.

17.04.2025 - OM Crypto was down 6.5%

  • The decline in OM's value today might be linked to a recent scandal involving Movement Labs and Mantra, resulting in uncertainty and impacting the crypto market-making sphere.
  • Despite the scandal's negative repercussions, the price outlook for Mantra has shown signs of improvement with Nansen's entry as a validator, hinting at positive advancements for the project.
  • The conflicting information regarding Movement Labs and Mantra has potentially confused investors, triggering a sell-off of OM tokens.
  • Overall, market sentiment towards OM appears to be swayed by ongoing events in the crypto market-making arena, as investors vigilantly observe the situation for any further updates.

21.04.2025 - OM Crypto was up 10.6%

  • A recent listing on Upbit has driven a 15.7% surge in OM's price today, rebounding from a crash in April.
  • Nansen's involvement as a validator has contributed to a positive price forecast for OM, boosting investor confidence and interest.
  • Despite the Movement Labs and MANTRA scandal, the market has shown strong bullish momentum towards OM, focusing on positive developments.
  • OM's price has seen an upward trajectory due to its listing on a major exchange, optimistic price forecast, and the addition of a new validator, outweighing any negative effects of the market-making scandal.

21.04.2025 - OM Crypto was up 11.8%

  • OM Coin surged by 23% after being listed on Upbit, sparking excitement and potential for a sustainable rally fueled by the listing hype.
  • The additional boost in price could be attributed to a recent Sports RWA deal, further enhancing investor confidence in the project.
  • Despite a previous price crash in April, the listing on Upbit managed to trigger a 15.7% surge, indicating a strong recovery sentiment among traders.
  • The positive market movement comes amidst some market-making scandals involving Movement Labs and Mantra, highlighting the volatile nature of the crypto market but not significantly impacting OM's bullish momentum.

21.04.2025 - OM Crypto was up 11.7%

  • Mantra (OM) surged after being listed on Upbit and announcing a Sports RWA deal, signaling increased interest and partnerships within the cryptocurrency space.
  • The 15.7% surge following a price crash in April suggests that investors are regaining confidence in Mantra (OM) after a period of uncertainty.
  • While the Movement Labs and Mantra scandal may have caused some initial market turbulence, positive developments such as Nansen joining as a validator have contributed to improving the price forecast for Mantra (OM).
  • The bullish movement of Mantra (OM) today can be attributed to positive news catalysts, renewed investor confidence, and strategic partnerships in the cryptocurrency market.

05.04.2025 - OM Crypto was down 5.0%

  • OM witnessed a decline in its value following a significant sell-off by a large holder, leading to a notable drop in its price.
  • MANTRA burned $82 million worth of tokens after a $5 billion market decline, which fueled pessimism surrounding OM.
  • Concerns that the token's drop could signal challenges for alternative cryptocurrencies further dampened OM's market performance.
  • The CEO of Mantra underscored the systemic risks that contributed to the substantial token devaluation, revealing project-related vulnerabilities behind the negative market trend.

05.04.2025 - OM Crypto was down 7.5%

  • The bearish movement in OM today can be attributed to a combination of factors:
  • The RSI dipping below 20 indicates oversold conditions, triggering selling pressure from traders.
  • A massive whale dump causing the token to dip below $0.50 may have led to panic selling among investors.
  • The burning of $82M tokens by MANTRA after a $5B market crash could have further contributed to negative sentiment and price decline.
  • The CEO's warning about systemic risk in the market may have added to the overall bearish sentiment surrounding OM, raising concerns among investors about the token's future performance.

03.04.2025 - OM Crypto was down 5.1%

  • Burning $82 million worth of OM tokens by MANTRA after a $5 billion market crash is likely linked to the bearish movement of OM.
  • Concerns expressed by the Mantra CEO regarding systemic market risk could have compounded the negative sentiment surrounding OM.
  • Overall uncertainty and potential lack of confidence in altcoins during this period may have further pushed the price of OM downwards.
  • The convergence of these factors could have potentially contributed to the bearish movement of OM, reflecting the broader challenges and risks in the current cryptocurrency market landscape.

04.04.2025 - OM Crypto was down 5.3%

  • The burning of $82M worth of OM tokens by Mantra after a $5B market dip likely influenced the bearish movement of the token.
  • Concerns expressed by Mantra's CEO regarding systemic risk in the market may have added to the selling pressure on OM.
  • The general sentiment during the altcoin season appears to have been affected by the Mantra token crash, possibly indicating a broader trend in the cryptocurrency market.
  • The spotlight on other tokens like SHIBA and BlockDAG might have shifted focus away from OM, contributing to its price decline amidst the market unrest.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.