The price of OM has been up by more than 40% in the last 3 days. This spike has been noteworthy considering that many other tokens have been down or struggling during the same period. What is driving the spike?
The beginning of the price surge can be linked to the listing of Mantra on the Bybit Spot trading platform just two days ago. The official account for MANTRA announced this development, inviting users to join the token splash event. The listing took place on February 13, 2025, at 10:00 UTC, which certainly added to the momentum surrounding OM.
Crypto Ape, a notable voice in the community, noted that OM has broken out dramatically. Mantra price climbed from a low of $5.27 to a high of $7.64, marking a 37% increase. This surge comes as regulatory frameworks become clearer, paving the way for mainstream crypto adoption, especially for compliance-focused assets like $OM, XRP, and Telcoin.
What you'll learn 👉
Mantra Is Building Strong Fundamentals
The strength of OM isn’t just in its price; it’s also rooted in solid fundamentals. CrYpTo QuEeN noted that while many projects claim to focus on real-world assets (RWAs), $OM is genuinely laying a strong foundation for tokenized RWAs.
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This project is among the first to launch tokenized securities on-chain, backed by robust institutional connections that foster adoption. Furthermore, Mantra is expanding across various chains, making RWAs accessible on multiple networks. This commitment to real-world adoption positions $OM as a leader in this evolving space.
OM Price Prediction: Analysts See $10 Coming
Looking ahead, analysts seem optimistic about the future of OM. A chart analysis of the OM/USDT made by Ryan Ford reveals a strong uptrend that began in late January, highlighted by a breakout past previous resistance levels. After this breakout, the price has been consolidating in a bullish flag pattern, suggesting further upward potential.
Current resistance is around $6.48, while support is noted at about $5.50. Ryan is targeting a bullish move toward the $7-$8 range, with the psychological milestone of $10 viewed as the next significant target. The chart analysis indicates that if the price holds above $6 and breaks past $6.50, the path toward $10 could be clear.
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Market sentiment remains bullish as noted by Ryan Ford, who expressed confidence that OM is still undervalued despite its recent highs.
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