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MANTRA Token Report – 12th Jul’24

MANTRA Token Report

MANTRA(OM) is a security-focused Layer 1 blockchain designed to comply with real-world regulatory requirements. Created for institutions and developers, it provides a permissionless blockchain platform for permissioned applications.

OM is ranked #70 with a market capitalization of nearly $902 million. The current market price of the token is 1.07 USDT

On the daily time-frame, the OM/USDT trend had been on an upward trajectory, making higher highs. The trend has now broken above the ascending trendline with a good volume support. An immediate support is expected at 0.836 USDT and next resistance is expected at 1.306 USDT.

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MintingM Rating – 4/5