MANTRA (OM) has experienced a remarkable 46.27% surge within 24 hours, fueled by over $1.1 billion in trading volume, signaling a strong recovery after a severe 90% crash earlier this year.
Despite initial doubts, OM successfully broke its three-month downtrend, positioning itself as one of the top daily gainers on CoinGecko and reigniting investor interest.
According to COINOTAG sources, analysts are targeting $0.50 and $1 as critical price levels, underscoring growing bullish momentum despite the absence of major external news.
MANTRA (OM) rebounds with a 46% surge and $1.1B volume, breaking a 3-month downtrend. Analysts eye $0.50 and $1 targets amid renewed bullish momentum.
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From Collapse to Comeback: MANTRA (OM) Rockets Amid Trading Frenzy
In April 2025, MANTRA (OM) suffered a devastating 90% price crash that wiped out over $5.5 billion in market capitalization, sparking concerns about insider dumping. The project team responded by announcing a token burn aimed at restoring investor confidence. However, skepticism persisted, and the token continued to slide to lows not seen since early 2024. Subsequent listings on major exchanges like Upbit and Bithumb provided temporary relief but failed to reverse the bearish trend.
Recently, OM has demonstrated a significant turnaround, breaking free from its prolonged downtrend. The token surged 46.27% in a single day, reaching a trading price of $0.34. This rally was accompanied by an unprecedented $1.11 billion in trading volume—a staggering 3,496% increase from the previous day—highlighting renewed market enthusiasm.
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MANTRA (OM) Price Performance. Source: COINOTAG
This surge has propelled OM to become the second-highest daily gainer on CoinGecko and one of the most actively traded altcoins, signaling a potential shift in investor sentiment amidst a broader crypto bull market.
Will OM Price Reach $1?
Market analysts are increasingly optimistic about OM’s price trajectory. Several experts highlight $0.50 as a crucial psychological barrier, with sustained momentum possibly driving the price toward the $1 mark—a milestone that would signify a robust recovery.
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#OM bullish outlook on daily TF!$OM #OMUSDT #Mantra pic.twitter.com/AztgFDi04a
— CryptoBull_360 (@CryptoBull_360) July 20, 2025
Token Sherpa, a pseudonymous analyst on X (formerly Twitter), identified $0.50 as the next key resistance level, with a potential breakout leading to a test of $1 or higher. This outlook is supported by Ualifi Araújo, who confidently predicts OM will surpass its all-time high, emphasizing the strength of the current rally despite the lack of major external catalysts.
“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,” Araújo stated, highlighting the organic momentum driving the token’s resurgence.
As the market watches closely, MANTRA’s ability to sustain this momentum will be critical in determining whether this rally represents a genuine recovery or a temporary spike.
Conclusion
MANTRA (OM) has demonstrated a powerful rebound from its April collapse, marked by a significant price surge and record trading volumes. While skepticism remains, the breaking of a three-month downtrend and bullish analyst sentiment suggest potential for further gains. Investors should monitor key resistance levels at $0.50 and $1, which will serve as important indicators of OM’s recovery trajectory. The coming weeks will be pivotal in assessing whether this momentum can translate into sustained growth or if caution is warranted amid volatile market conditions.
Source: https://en.coinotag.com/mantra-om-shows-potential-rebound-with-46-surge-amid-renewed-market-interest/