Mantra Defies the Sell-Off – Could OM Be the Strongest Altcoin in the Market?

Last updated:

Author

Alejandro Arrieche

Author

Alejandro Arrieche

About Author

Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has…

Last updated:

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Mantra (OM) is the best-performing layer-one blockchain project this year as the token has nearly doubled its value since 2025 started.

Last year, OM delivered gains of 6,407% to investors as the project invested strongly in marketing its platform for the tokenization of real-world assets (RWA) across the globe.

The OM token was also listed in several exchanges during the year including Binance, Bitget, and Bybit.

Meanwhile, in October 2024, the project launched its mainnet for RWAs and partnered with Libre to enable on-chain access to BlackRock’s Money Market Fund.

Meanwhile, this year, Mantra announced a huge deal with the Dubai-based company DAMAC that is worth over $1 billion.

The agreement consists of tokenizing multiple RWAs including real estate, data centers, and other assets in the Middle East that will be made available in early 2025.

Tokenization is one of the most appealing use cases of blockchain technology and Mantra has emerged as a layer-one solution specialized in this field. Companies like BlackRock are already investing billions into this field to ensure that they stay at the forefront of financial innovation for years to come.

“This partnership with DAMAC Group is an endorsement for the RWA industry. We’re thrilled to partner with such a prestigious group of leaders that share our ambitionsga and see the incredible opportunities of bringing traditional financing opportunities on-chain,” the CEO of Mantra, Patrick Mullin, commented in January when the deal was announced.

OM’s Rally Shows Signs of Exhaustion – Should You Buy the Dip?

The OM token has climbed 19.8% over the past week, defying today’s broader market pullback. Its market cap currently stands at $7.2 billion.

Following the post-election rally, OM has established a higher trading range, with strong support forming at the $3.30 level.

On January 30, the token decisively broke above a key resistance at $4.50, continuing its upward trajectory to $7.40.

mantra (om) delivers gains of over 94% in 2025

Momentum indicators show signs of exhaustion in this latest rally, as the Relative Strength Index (RSI) has already entered overbought levels. However, this is not the first time this has occurred.

When OM saw a 91 reading in the RSI in November, the pullback that followed was mild despite the vertical uptick. This may indicate a reluctance from long-term holders to sell their assets and take profits despite the rally.

The MACD has already posted its first lower reading, meaning that positive momentum could be decelerating.

OM could move down to its trend line support in the next few days but the mid-term outlook remains positive unless the RSI crosses below the signal line at some point.

Meanwhile, a rapidly growing AI agent token presale is capturing investor attention, positioning itself as one of the hottest new crypto presales of the year.

MIND of Pepe ($MIND) Presale Raises $6.4M to Launch a Powerful AI Agent

MIND of Pepe ($MIND) is an innovative project that merges the popular Pepe the Frog meme with the power of artificial intelligence to take advantage of two robust trends in the crypto space.

Since the $MIND presale event kicked off in mid-January, the launch team has raised over $6.4 million to develop and deploy this self-evolving AI agent.

MIND of Pepe will establish itself as an influential voice across platforms like X (formerly Twitter), autonomously engaging with key figures and communities in the crypto space.

By focusing primarily on meme coins, it will build credibility in this high-growth sector.

$MIND holders will gain exclusive access to real-time market insights, early-stage investment opportunities, and curated intelligence gathered from the agent’s interactions.

Additionally, they will have priority access to presale events for new tokens created by MIND of Pepe, allowing them to capitalize on emerging trends before the wider market.

To buy $MIND, head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).

You can either swap USDT, ETH, or BNB, or use a bank card to make your investment.

You May Also Like