Mantra DAO (OM) Price Prediction – 2023, 2025, 2030

Mantra Dao (OM) Overview

Mantra Dao (OM) Introduction

This article provides a thorough update on the Mantra DAO price prediction for the current year and the subsequent 10 years. If you’re curious about the future of OM price, keep reading. Discover the price prediction for Mantra DAO using historical, fundamental, and technical analysis.

What is the Mantra DAO (OM)?

Built on a variety of blockchain technologies, Mantra DAO is an integrated ecosystem of decentralized financial (DeFi) services. The platform is under collective user control, claims the whitepaper. Owners of the platform’s native coin have the ability to vote on issues that will have an impact on the whole system. In addition, the Karma protocol, which functions as a reputation system and judges the players’ conduct, is supported by the Mantra DAO. The protocol also aids in monitoring token holders’ success.

The Decentralized Autonomous Organization (DAO) transforms the way a business organizes its operations to generate value. DAOs are an improvement over a firm’s conventional methods of operation. They are new nonetheless. The majority of DAOs are difficult for the typical individual to deal with. The individual needs in-depth understanding of cryptocurrency. In order to encourage more involvement, the present DAO mechanism also needs a higher reward value. Mantra DAO was introduced as a result.

The Mantra DAO platform contains features like staking, where users may receive incentives, according to its website. Peer-to-peer lending and borrowing of various crypto assets is also possible for users. Owners of the native token OM have voting rights and are able to participate in the ecosystem’s governance. In the Mantra pool saving game, users can also try their luck for a chance to win cryptocurrency. The platform uses a consensus process called delegated proof of stake (DPoS). The Rio blockchain is utilized. The Polkadot network blockchain and the Rio blockchain can communicate with one other.

The required token to join the Mantra DAO is called the OM token. OM is a governance token as well as a utility token. The token grants users their rights to vote and participate in government. Additionally, players enter the saving game with the OM token. In order to make the token more rare, it is also burnt. Sending a portion of tokens to a wallet without a private key is known as burning. As a result, the tokens are irretrievably lost. Tokens are typically burned in order to decrease their supply and raise their market value.

Mantra DAO (OM) Fundamental Analysis

In the fourth quarter of 2019, the project’s development and conceptualization started. Early in 2021, the Mantra DAO protocol was introduced. In June 2020, the whitepaper was made available. Co-founders of the platform include Rodrigo Quan Miranda, Will Corkin, and John Patrick Mullin. The OM coin has an 888,888,888 coins total supply.

The Mantra DAO ecosystem has the following key features:

Staking

Users may safely stake an increasing amount of PoS and DPoS assets with a focus on decentralized and non-custodial staking, while also earning additional benefits in OM tokens and having access to partner airdrops.

Lending 

Lenders may proactively provide cross-chain, multi-asset loans to consumers in order to earn interest on their cryptocurrency assets using both open source and proprietary lending protocols.

Governance

Through their systemic voting and governance rights, OM token holders have complete control and ownership over the MANTRA DAO ecosystem.

Borrowing

Instant access to low-interest, stablecoin loans is available when you put up any quantity of your crypto assets as collateral.

Karma

A trust system, similar to a credit score, that recognises and rewards individuals for their positive contributions to the MANTRA DAO ecosystem. KARMA will reward users in a number of ecosystem activities.

The Mantra Pool

Play the everlasting savings games for a chance to win cryptocurrency, which are periodically offered to members.

A private and public auction collected $5.9 million for the project.

• In a private sale, 9% of the total token supply was sold for $0.03 USD/OM.
• During a public auction, 8.5% of the total token supply was sold for $0.05 USD each OM.

Mantra DAO (OM) Technical Analysis

Even if it is difficult to provide 100% accurate technical analysis for the Mantra DAO coin, TradingView’s powerful technical analysis function enables you to display the combined Mantra DAO buy-and-sell rating in real-time for the given time period. The most widely used technical indicators, Moving Averages, Oscillators, and Pivots, provide the foundation of the OM/USD analysis.

Mantra DAO (OM) Current Price

Mantra Dao is currently worth $0.606083 USD. OM has moved -10.40% in the last 24 hours with a trading volume of $36,330,500. Mantra Dao is currently ranked 129 amongst all cryptocurrencies with a market capitalization of $481,224,787 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Mantra Dao (OM) to decide wether it is going to have a bullish or bearish year.

Mantra DAO (OM) Price Predictions

Our price prediction forecasts use real-time Mantra Dao (OM) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Mantra Dao (OM) Price Prediction 2023

Mantra Dao, according to some, is one of the most amazing cryptocurrencies to rise this year (OM). The OM price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.909125.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.848517 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. OM is expected to have a minimum value of $0.7273.

Mantra Dao (OM) Price Prediction 2024

In 2024, Mantra Dao OM price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of OM will soon surpass $1.52. However, we should wait to see if the OM’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, OM will trade with a minimum trading price of $1.21 and an average trading price of $1.33.

Mantra Dao (OM) Price Prediction 2025

If the upward trend continues until 2025, it could reach $2.12 and OM may profit. If the market experiences a decline, the goal may not be met. OM is expected to trade at an average price of $1.94 and a low of $1.82 in 2025.

Mantra Dao (OM) Price Prediction 2026

If Mantra Dao successfully boosts market sentiment among cryptocurrency enthusiasts, the OM coin price could remain stable for the next five years.

According to our projections, OM will be green in 2026. The OM is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $2.73, with a minimum price of $2.42 and an average price of $2.55.

Mantra Dao (OM) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the OM price is expected to cross an average price level of $3.15 by 2027, with a minimum price of $3.03 expected before the end of the year. Furthermore, OM has a maximum price value of $3.33.

Mantra Dao (OM) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $3.76. If OM manages to break the resistant level in 2028, we could see a maximum price of $3.94, failing to gather the support OM needs by 2028 could result in a low of $3.64.

Mantra Dao (OM) Price Prediction 2029

While OM is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $4.24 and a yearly price close above $4.55 in 2029.

Mantra Dao (OM) Price Prediction 2030

By 2030, Mantra Dao will finally surpass its previous ATH values and record new price levels. The minimum price could be $4.85 and potentially reach a maximum price value of $5.15, averaging out at $4.97.

Mantra Dao (OM) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum OM price in 2031 is projected to be $5.94 in the event of a bull run, with an average price level of $5.70.

Conclusion

The DeFi platform, supported by Mantra DAO governance, built on a straightforward and secure network for staking services and optimized OM for user interest. To build an all-in-one Finance system free from the intervention of middlemen, the project is combined with the most cutting-edge blockchain technology. Project offers an efficient and open system that would address the issues with conventional finance. Cryptographic features will be used in real use cases to solve issues like capital requirements, high interest rates, poor user experiences, opaque governance, and low saving rates.

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