Hold onto your seats, folks, because Mantra Finance just snagged a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). What does this mean? Oh, just a little thing called a surge in OM price—you know, nothing major. 💥 Analysts are over the moon, calling it a game-changer. Looks like OM might be the cool kid in crypto town now. 😎
So, what does this mean for you? Well, now Mantra can spread its wings and dive into the UAE and MENA region as a licensed Virtual Asset Exchange. If you’re thinking about investing, you may want to take notes. ✍️
OM Price: Can It Really Hit $15? Is This a Bullish Dream or Reality?
In an unexpected turn of events, Mantra’s OM token has been doing some serious legwork, doubling in price in just a month. But hold on—Bitcoin’s still lagging behind the $100k mark. 🙄 Meanwhile, OM is giving us all the high-fives. 🖐
Enter market expert Rachel Crypto, who posted on X about OM hitting $15. Yes, $15. It’s almost like she predicted the future. 🔮 Other analysts are hopping on the bandwagon, too. KCM’s calling for a modest $8.5, while Dexter’s thinking $10. But wait—Jane Bennet? She’s aiming for a wild $20. Buckle up, because this rollercoaster’s just getting started! 🎢
VASP License in Dubai: Mantra’s Big Power Move!
Okay, let’s break it down. The OM price is riding high because Mantra Finance just landed that sweet VASP license from Dubai. Yep, they’re now official in the eyes of VARA. Big deal, right? This means more global expansion and, of course, an opportunity to tokenize everything—including real-world assets (RWAs). Because why not? 🤷♀️
According to Mantra’s CEO, Patrick Mullin, Dubai and VARA are paving the way for crypto regulations and global domination. “This license is a huge step for MANTRA,” he said, because apparently, “world domination” is part of their business plan. 💼
“By establishing the most timely, comprehensive and built from-the-ground-up framework for virtual assets and Web3, Dubai and VARA have become world leaders in crypto regulation. This license was a crucial step for MANTRA and a key step in our journey towards global expansion.”
And in case you missed it, crypto exchange Bitget also got a VASP license from Bulgaria’s National Revenue Agency. Let’s just say, it’s a license frenzy. 🏁
OM’s Bullish Frenzy: Top 10 Crypto Status on the Horizon?
Right now, OM is trading at $7.52 (up 1.21%—not too shabby), and in the last month alone, it’s up a jaw-dropping 100.5%. Talk about a hot streak. 🔥
So, what’s next? Analysts are already gushing over OM’s potential. Some even think it’s on track to hit $10.10 in 2025. With a market cap of $7.38 billion, OM is hanging out comfortably at #22 on CoinMarketCap. But, oh, they’re eyeing the top 10. #AmbitiousMuch 😜
And in case you were wondering, the 24-hour trading volume is currently sitting at $382 million, with a 31% increase. Investors are clearly on board, and the hype train is full speed ahead. 🚂
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2025-02-19 23:45