OM Crypto Skyrockets 52% on July 21 — Could MANTRA Be the Next Coin to Hit $1?

Jakarta, Pintu News – After experiencing a big drop in April, MANTRA (OM), a Layer 1 blockchain focused on tokenizing real-world assets (RWAs), seems to be starting to bounce back.

The token surged by 52% in the last 24 hours, making it one of the assets with the highest daily gain. In addition, trading volume has surpassed $1.1 billion, indicating very strong trading activity.

OM Crypto: From Devastation to Revival

In April, OM crypto prices plummeted by 90%. The crash wiped more than $5.5 billion off the market capitalization and triggered accusations of insider dumping.

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In response, the MANTRA team is planning an OM crypto token burn to restore investor confidence.

However, the move has not completely eased market skepticism. The downward trend continued and dragged OM crypto prices to their lowest level since early 2024. OM crypto’s listing on Upbit exchange in May and Bithumb in July briefly triggered a brief spike, but have not been able to reverse the bearish trend.

Even so, recent developments point to a potential reversal. Data from Pintu Market reveals that OM crypto has broken out of a downward trend that lasted for three months.

In the last 24 hours, the price of the OM crypto surged 52.53% and is now trading at IDR 5,871.

This rise was accompanied by a tremendous surge in trading volume, reaching $1.11 billion-a 3,496% increase compared to the previous day.

The surge placed OM crypto as the asset with the second highest daily gain on CoinGecko and one of the most talked about coins. This indicates a return of investor confidence after a tumultuous period.

Moreover, this rise also comes amid a broader bull market trend, where many coins are setting new record highs.

Will OM Crypto Price Reach $1?

Amidst the current price surge, market sentiment towards OM tends to be positive. Some analysts believe that OM prices still have the potential to continue rising.

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Some are even optimistic that the OM price could touch $1 again. In a post on X (formerly Twitter), an analyst under the pseudonym Token Sherpa said that the next psychological level for OM is $0.50.

He added that if the bullish momentum is able to break the $0.50 level, the next big target would be $1 or even higher-an achievement that would be an important milestone for the token.

Meanwhile, another analyst, Ualifi Araújo, predicts that OM has a good chance of returning to its all-time high.

“I’ve said it a thousand times and will continue to say it: I have no doubt that @MANTRA_Chain will surpass its ATH,” he said.

Araújo also highlighted that OM’s latest price spike occurred in the absence of any major external catalysts, demonstrating the strength of the project’s organic momentum.

As this rally continues, MANTRA’s ability to sustain gains and continue the positive trend will be the determinant of whether this recovery will be long-lasting or just a temporary spike.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. MANTRA (OM) Breaks 3-Month Slump With 46% Price Pump, Analysts Eye More Gains. Accessed on July 21, 2025