TLDR
- MANTRA (OM) surged 46.27% in 24 hours, reaching $0.34 and breaking a three-month downtrend
- Trading volume exploded to $1.1 billion, representing a 3,496% increase from the previous day
- The token crashed 90% in April, losing over $5.5 billion in market cap due to alleged insider dumping
- Analysts target $0.50 as the next level, with some eyeing a return to $1 or all-time highs
- OM is now the second-highest daily gainer on CoinGecko with renewed investor interest
MANTRA (OM) has broken its three-month losing streak with a sharp 46.27% price increase in the past 24 hours. The Layer 1 blockchain token focused on real-world asset tokenization now trades at $0.34.
The surge comes with massive trading activity. Volume reached $1.11 billion, marking a 3,496% jump from the previous day. This positions OM as the second-highest daily gainer on CoinGecko.
The comeback follows a difficult period for MANTRA. In April, the token crashed 90%, wiping out over $5.5 billion in market value. The collapse sparked allegations of insider dumping within the project.
MANTRA’s team attempted to restore confidence by announcing a token burn program. However, this move failed to stop the decline. The token continued falling to levels not seen since early 2024.
Recovery Attempts and Exchange Listings
The project saw brief price spikes when listed on major exchanges. Upbit added OM trading in May, followed by Bithumb in July. These listings created temporary rallies but could not reverse the overall bearish trend.
Recent data shows OM has finally broken out of its extended decline. The current rally brings the token back into positive territory after months of losses.
The price movement occurred without any major external catalyst. This suggests organic momentum within the MANTRA ecosystem rather than news-driven speculation.
Market analysts are taking notice of the recovery. Token Sherpa, a pseudonymous analyst, identified $0.50 as the next psychological resistance level for OM.
🚀 $OM explodes to $0.36 (+53% / $912M vol) in 24h
Next psychological stop: $0.50, then $1+
RWA season just heating up, are you in? 🕉️@MANTRA_Chain #OMies pic.twitter.com/aDz27u6NMk
— Token Sherpa 🧱 (@sherpa_eth) July 21, 2025
The analyst believes if momentum continues past $0.50, the next target could be $1 or higher. This would represent a major milestone for the project’s recovery.
#OM bullish outlook on daily TF!$OM #OMUSDT #Mantra pic.twitter.com/AztgFDi04a
— CryptoBull_360 (@CryptoBull_360) July 20, 2025
Analyst Predictions and Market Sentiment
Another analyst, Ualifi Araújo, expressed confidence in OM’s long-term prospects. He forecasted the token could reclaim its all-time high in future trading sessions.
We've made rapid progress on $OM and reached $0.3870. I've said this a thousand times and will say it again a thousand times. I have no doubt that @MANTRA_Chain
will surpass its ATH.Today we made a +63% move, but it doesn't surprise me; in fact, I hope we make another big move… https://t.co/oZsqDLEn8p pic.twitter.com/AJqQ3FGISN
— Ualifi Araújo (@ualifiaraujo) July 20, 2025
Araújo emphasized his belief that MANTRA Chain will surpass previous price peaks. His comments came as the token gained momentum in current trading.
The analyst noted the recent surge happened without major external news. This organic growth pattern could indicate stronger underlying demand for the token.
Current market sentiment appears increasingly positive toward OM. The token has become one of the top trending coins as volume and interest pick up.
The broader cryptocurrency market is also experiencing a bull run. Many tokens are reaching new highs, which could support continued gains for recovering assets like MANTRA.
OM’s current price of $0.34 represents a substantial recovery from recent lows. The token’s ability to maintain these gains will determine if this marks a lasting turnaround or temporary spike.
