It seems that the cosmos is whispering sweet nothings about the OM price, which may just be perched on the precarious precipice of a reversal—how delightfully dramatic! Last week’s bullish 20EMA–50SMA crossover, a rarity since January (surprising, huh?), has made the tantalizingly optimistic target of $0.50 the new star in our financial sky. 🌟
Or How to Read Between the Candle Sticks
So here we are, with Mantra (OM) currently trading at the rip-roaring price of $0.28, having executed a slight retreat (30%, perhaps?) from its dazzling intraday peak of $0.40 during our dramatic July 20 surge. 🎭
But fear not! The bullhorn of technical signals—specifically, the delightful crossover between the 20-day EMA and the 50-day SMA—remains intact. This crossover is the kind of rare event that makes you want to hoot and holler, especially since it’s the first of its kind since January. Can you feel the excitement? 🎉
Our heroic OM price is continuing to waltz above both moving averages (MAs), with the 20-day EMA now acting as our dynamic support buddy. A recent hiccup saw the price wobble down to $0.25, but fear not: buying pressure rushed in like a concerned mother to rally the troops back above the EMA fortress.
Short-term? Oh, it’s in a glorious uptrend, consistently printing higher lows—a financial printing press you’ll tell your friends about! As long as the $0.25–$0.26 support zone—brought to you by the trusty 20EMA and prior resistance—holds firm, the outlook remains cautiously bullish. Can you hear that? It’s the sweet sound of $0.50 calling! 🎶
Mantra: Expanding Its RWA Footprint Like an Overzealous Gardener
On the grand stage of fundamentals, Mantra is expanding its RWA footprint like it’s in a game of financial Twister, with over $119 million in tokenized assets dancing on-chain as of June 2025 (thanks, Park Yong, for the numbers). An impressive 98% of these wealth bombs are courtesy of a strategic partnership with Ctrl Alt, focusing on real estate portfolios that come with legal custodianship and regulatory compliance—because who doesn’t love some proper paperwork? 📝
Why Betting Against $OM Might Be Shortsighted:
In the frenetic world of crypto, narratives shift faster than a particularly caffeinated hamster. And amid all this delightful chaos, one protocol — $OM by MANTRA Chain — continues to quietly do the unthinkable: build real, regulated infrastructure… 🤔
— Park Yong (@dogthesunny) June 2, 2025
Mantra, like a determined octopus, continues to diversify its partnerships across sectors, ensuring its tentacles stretch firmly into the RWA tokenization oceans. 🌊
In a grand move in May, the project collaborated with agri-tech platform Dimitra to tokenize agricultural delights like cacao and carbon credits. Meanwhile, blockchain analytics wonder Nansen joined MANTRA Chain as an esteemed validator! Oh, the networking! And who wouldn’t want to tokenize future revenue streams from football player transfers? MANTRA’s introduced “transfer tokens” that tickle FIFA’s Solidarity Mechanism and let fans indulge in the financial shenanigans of sports. ⚽️💸
Additionally, Brazil’s largest crypto exchange, Mercado Bitcoin, has thrown its hat in with MANTRA to tokenize over $200 million in assets this year, turning our financial landscape into a lively carnival! 🎊
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2025-07-28 12:05