Mantra (OM) Trading Volume Reaches Yearly High of $264.27 Million
Mantra (OM) has gained 60% in the last month, despite a broader crypto downturn. Key facts include:
- Transfer volume reached a yearly high of $264.27 million.
- Market capitalization stands at $7.11 billion, ranking just outside the top 20 cryptocurrencies.
- Current price at $7.37, down 2% in the past 24 hours.
- Price analysis shows support at $7.2 and resistance at $8.1; a breakout above $8.1 could lead to a rise toward $10.
- RSI indicates a neutral to mildly bullish stance.
- MACD suggests potential upward momentum with a possible bullish crossover.
- The RWA token sector's market cap is now at $34.6 billion, with OM experiencing significant gains since November.
- A 50 million OM token airdrop is scheduled for March, which may induce short-term volatility.
