MANTRA is a blockchain ecosystem that is vertically integrated to make the approach to crypto trading open and honest.
The MANTRA ecosystem known by the name Omniverse is made up of four stocks including MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO.
The Mantra (OM) token functions as the utility token in the Mantra Ecosystem to facilitate the transaction and smooth running of its ecosystem.
The table below gives an overview of the MANTRA (OM) token and its current market standings.
Name of the token | MANTRA |
Token Marker | OM |
Current Price | $0.8261 |
Price Change | +4.50% |
Market Cap | $686,117,820 |
Volume(24h) | $16,253,968 |
As we can see from the table above the MANTRA (OM) token has gained 4.50% in its value as of today’s price record. The coin has a price volatility of 12.72% and is presently recorded to be in a bullish sentiment.
We will next look at the few functionalities of the MANTRA (OM) token before looking at the detailed market analysis of the coin.
What are the functionalities of the Mantra (OM) token?
The Mantra (OM) token has the following functionalities:
The Mantra (OM) token can be used to vote in the Mantra Decentralized Autonomous Organization
The token gives special access to new token issuances and gives you access to token airdrops.
The Mantra (OM) token can also be used for lending and staking activities in the Mushroom DAO
Now that we have looked at the functionalities and use cases of the MANTRA (OM) token in its ecosystem let us next look at the price predictions that have been made for the coin from 2024-2025.
Mantra (OM) Price Prediction 2024-2030
The table given below gives the price predictions that were made on the Mantra (OM) token for the years 2024 – 2030.
Years | Minimum Price | Maximum Price |
2024 | $0.7722 | $1.10 |
2025 | $1.08 | $1.34 |
2026 | $1.51 | $1.87 |
2027 | $2.17 | $2.61 |
2028 | $3.27 | $3.75 |
2029 | $4.74 | $5.69 |
2030 | $6.80 | $8.25 |
As per the market predictions for the coin, the current market indicators for the coin show a bullish sentiment with the Fear and Greet index giving the coin a score of 51, indicating a neutral sentiment from the part of the investors.
The technical indicators for the coin show overwhelming support for a bullish phase for the coin with as many as 29 technical indicators showing a favorable outcome and just 3 supporting a bear run.
The MANTRA (OM) coin recorded 10 green days in the past 30 days and has been predicted to meet up with the upper price prediction of $1.10 by August of this year.
By the opinion of popular analysts, the buying potential of the MANTRA (OM) token seems huge with very few downsides to the decision.
Now let us look at a few of the exchanges that list the MANTRA (OM) token.
Where to buy Mantra (OM) tokens?
Mantra (OM) token is listed in a bunch of popular exchanges such as the following:
- OKX
- Binance
- Gate.io
- KuCoin
- Uniswap v2(Ethereum)
- BitMart
The investor can choose any exchange from the list above to buy the Mantra (OM) token. They can also consider any other reputable crypto exchanges of their choice to buy the token.
How to buy a Mantra (OM) token?
The Mantra (OM) token can be bought through any of the exchanges given above. The steps to buy the token are given below:
- Step 1
- Opening an account: The investor must open an account in any of the exchanges listing the MANTRA (OM) token
- Step 2
- Verification: The user will be asked to fill out the login credentials and complete their verification through the KYC procedures.
- Step 3
- Placing the buy order: The third step is to place your order for the MANTRA (OM) token with specifications on the price and volume and the type of payment mode that you would like to go with.
- Step 4
- Completing payment and coin transference: Once the order is placed the transaction will be carried out and your token will be credited to your spot wallet.
The user is advised to transfer the coin to a private crypto wallet so as to remain safe and protected with their digital assets.
These are the steps that one must follow in order to buy the MANTRA (OM) token through a cryptocurrency exchange.
Final Thoughts
Looking at the analysis and price predictions of the coin we can see that in terms of investment potential MANTRA (OM) is a token that shows a huge potential from a purely financial perspective.
With regards to the system backing the token much has been said of the same with respect to its potential for growth in the future and widespread application.
Therefore, to conclude we can say that an investor can reference the data and analysis that has been provided of the MANTRA (OM) token to base their investment decision.