MANTRA (OM) Surges 46.27% in 24 Hours, Trading Volume Hits $1.11 Billion

MANTRA (OM) has experienced a significant rebound, with a 46.27% surge within a 24-hour period. This surge was driven by over $1.1 billion in trading volume, marking a strong recovery after a severe 90% crash earlier this year. The token successfully broke its three-month downtrend, positioning itself as one of the top daily gainers on CoinGecko and reigniting investor interest.

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 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. 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.

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. 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.

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.