When will the MANTRA (OM) coin be released?

The MANTRA (OM) coin was issued on May 6, 2019. Its initial issuance total is 1 billion coins, the issuance price is US$0.04, and the current trading price is approximately US$0.80.

OM Coin Issuance Time

MANTRA (OM) Coin was issued on May 6, 2019 .

Detailed Description

MANTRA is an Ethereum-based protocol that aims to transform the decentralized finance (DeFi) space with a range of tools and services. OM is MANTRA’s native token and plays a variety of roles on the platform, including:

• Pay transaction fees
• Provide power for governance voting
• Reward user participation
• Collateral

The total initial issuance of OM coins is 1 billion. At launch, approximately 20% of the tokens are allocated to the community, while the remainder is held by the project team and investors.

The issuance price of OM coins is $0.04. It started trading shortly after its release and has been listed on multiple cryptocurrency exchanges.

The price of OM Coin has fluctuated significantly since its issuance. It reached an all-time high of $4.88 in May 2021 and fell to a low of $0.37 in June 2022. As of February 2023, it was trading at around $0.80.

MANTRA (OM) Price Increases

As of 14:00 on October 12, 2024, the price of MANTRA (OM) is $1.5190, 24-hour trading volume for $23,420,110. Its price has increased by 5.47% in the past 24 hours.

Factors for price changes

The recent increase in MANTRA prices may be due to:

• Positive market sentiment: As the cryptocurrency market picks up, altcoins like MANTRA are also benefiting from it.
• Project Progress: The MANTRA team continues to develop and launch new features, increasing the visibility and appeal of the project.
• Technical Analysis: MANTRA’s technical indicators indicate that its price has broken above the uptrend line.

Future Price Analysis

Based on current technical indicators and market sentiment, the price of MANTRA is expected to continue to rise in the short term. However, it is important to note that the cryptocurrency market is highly volatile and may experience unexpected fluctuations.

Recommendation

• For those interested in investing in MANTRA, the current timing may be right.
• It is important to conduct thorough research on potential investments.
• Only invest what you can afford to lose.

Short-term trend forecast

In the short term, the price of MANTRA is expected to fluctuate, but the overall trend is expected to continue to rise.

Indicators

• Current price: 1.5190 USD
• 24 hour trading volume: 23420110 USD
• Circulation volume: 849473305.73226
• Maximum Supply: N/A
• Total Supply: 849473305.73226
• Circulation Market Cap: 1290388015.72 USD

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