Mantra Crypto Booms To All-Time High Over $5.5 and $5 Billion Market Cap
The altcoin season is still one, with niche cryptos and emerging coins taking over with unique offerings and innovative use cases. Mantra crypto coin has grabbed the attention with its surging valuation and price. So, what happened?
In short, Mantra’s founders struck a $1 billion deal with a real estate leader in the real-world asset market, boosting the price of the OM coin from $3.5 to $5.5 in five days. Let’s explain the story and explore price predictions further.
What is Mantra Crypto Coin?
Mantra (OM) was founded in 2020 and initially developed on the Ethereum blockchain as an ERC-20 token. Later, it expanded to other blockchain networks, including Binance Smart Chain and Polygon, to enhance its accessibility and utility.
It is a Layer-1 decentralized blockchain – MANTRA Chain – that focuses on lending and staking in a highly secure and regulated environment. Additionally, it facilitates the tokenization of real-world assets, giving it further real-life use cases that differentiate it from other altcoins and memecoins.
Why is OM Mantra Coin Up?
Mantra benefits from tokenizing real-life assets, which refers to transitioning tangible assets that only exist offline to online entities minted and stored on the public ledger.
This market segment has been growing recently, with the Real World Assets (RWA) market cap nearing $75 billion, achieving over 4% growth in the last 24 hours as of writing, according to Coinmarketcap’s report.
Earlier in January, Mantra secured a deal with DAMAC, the global real estate development group. DAMAC aims to start tokenizing its luxurious properties on the Mantra Chain, attracting DeFi-savvy users and adopting decentralized assets.
OM Coin Price Performance
The potential of the partnership with the real-estate giant and the promising future of real-world asset tokenization has sent the Mantra price skyrocketing in the last few days of January.
OM Mantra crypto traded for less than $1 from its initiation in 2020 until June 2024. The coin soared quickly in December and ranged around $3.5.
However, it started 2025 on a strong note, reaching $4 in the first week of January and breaking the $5 barrier on 30 January.
OM Price Prediction
We analyze the Mantra crypto price using the exponential moving average across two different timelines: 12-day vs 24-day and 50-day vs 100-day.
Let’s start the short-term Mantra price prediction with 12-EMA (in blue) and 24-EMA (in yellow). We see a substantial divergence between the lines on mid-30 January as the 12-day EMA drives prices from $4.7 to $5.6 within 24 hours.
However, the close-up between the two lines and the easing upward trend of the 12-day suggests that OM coin might slow its price growth in the coming days.
However, if we look at the long-term analysis using the 50-EMA (in blue) and 100-EMA (in yellow), we see a slightly different picture.
The 50-day EMA started its upward trend on 26 January, driving the price higher from $3.5 and staying above the 100-day line despite price corrections.
Moreover, the shorter-term line stays well above the longer-term EMA line and points upwards, suggesting a bullish prevalence to reach another support level.
Conclusion
The Mantra crypto news caused major price surges to the unique altcoin, driving it to record prices as it enters the top 30 cryptocurrencies.
The massive deal with the real-estate giant DAMAC garnered significant attention, driving traders and adding more buying pressure. After reaching $5 for the first time and $5.4 billion in valuation, the OM price prediction is about hitting that $10 jackpot before the summer. Will it happen? We will have to wait, HODL, and see!
Disclaimer: This article is for informational purposes only. It is not finance advice and should not be relied upon for investment decisions. Always do your own research and consult a financial advisor before investing.
