Price Prediction and Potential of Mantra Coin Tokens in the Future

Bittime - Token Mantra or better known by the name Mantra Coin (OM) has shown an interesting performance over the past few months. In June, prices Mantra Coin hit an all-time high of $1.09. 

Despite experiencing a downturn over the summer, the token bounced back in early September with a 15% one-day gain, making it one of the crypto assets to watch. Currently, prices Mantra is around $0.95, and many analysts are starting to make predictions for the token's future.

What is Mantra Token (OM)?

Token Mantra Coin (OM) is part of a decentralized finance platform (DeFi) which provides a variety of services, including staking, lending, and various other multi-chain features. This platform was initially built on the Ethereum network but has expanded its services to various blockchain networks such as BSC, Polkadot, and others. By holding tokens Mantra, users can earn passive income through staking and participation in the money market protocol provided by MANTRA DAO.

Also read: W-Coin Announces TON Becomes Main Blockchain Than Solana and Ethereum

Mantra Coin Price Movement and Prediction

Since reaching its highest price in June, Mantra Coin experienced a decline, but strengthened again in September. Experts estimate that the price Mantra Coin could soar again if it is able to penetrate the price of $1.10. Despite the potential for a drop to the $0.87 area, many are optimistic that a new bull phase will begin if the price manages to clear this key resistance level.

In 2024, price predictions show that Mantra Coin it will probably remain in a correction phase until it breaks the $1.20 level. If successful, this token could experience a significant increase. Meanwhile, for the long term until 2030, many predict that Mantra Coin could reach higher prices if it continues to gain widespread adoption in the global crypto market.

Factors Affecting Spell Prices

Several important factors will influence the price Mantra Coin in the future include general crypto market volatility, wider adoption of blockchain technology, as well as investor interest in DeFi assets such as Mantra Coin. Additionally, the staking rate and total value locked (TVL) in the MANTRA DAO protocol will also be an important indicator in assessing growth potential Mantra Coin.

Conclusion
With quite high market volatility, Mantra Coin offers opportunities for investors who are ready to face risks. Price predictions show significant upside potential if the token is able to break through key resistance levels. Therefore, for investors interested in DeFi projects, Mantra Coin could be one asset worth considering, considering its current price of around $0.95 and potential future spikes.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.