21.07.2025 05:37

MANTRA (OM) has staged a remarkable comeback, surging 46.27% in a single day, fueled by over $1.1 billion in trading volume. This impressive rally marks a significant turnaround for the token, which had previously experienced a brutal 90% price crash earlier this year, wiping out billions in market capitalization. The recovery has propelled OM to become one of the top daily gainers, according to internet sources, captivating investor attention once more.

Following the substantial price decline, which initially raised concerns amongst investors, OM successfully broke through its three-month downtrend. Analysts cited by internet sources are now setting their sights on $0.50 and $1 as potential price targets, indicating a growing sense of bullish optimism in the market despite the lack of any major external news driving the surge. This renewed confidence suggests a potential shift in market sentiment surrounding the project.

This dramatic resurgence follows a period of sustained low prices, extending back to early 2024. While previous efforts, such as token burns and listings on prominent exchanges like Upbit and Bithumb, offered temporary respite, they failed to arrest the overall bearish trend. The recent surge, however, signals a powerful shift in momentum, leaving many wondering whether this is a sustainable recovery or merely a short-lived rally. The significant trading volume accompanying the price increase adds further weight to the narrative of a renewed interest in MANTRA (OM).