The distinctive symbol of the Mantra company is now pumps, while the other altcoins struggle. The price reached $ 8.99 – a new standard – with a 12.63 % jump over the past day. There was a significant increase in trading as well, an increase of 134.41 %, which indicates the interest of more merchants. The Crypto Chris Tan expert indicated that the price of om opens a new floor even as the wider market is declining.
Looking at the graphic fees, the price of om continues to climb steadily, and it constantly reaches new tops and higher restrictions. The graph shows that om has penetrated through historical resistance, and put it in a price discovery mode.
If you are watching support levels, watch $ 6.80 (about 20 days) and $ 4.50 (average 100 days). The following big obstacles may be with round numbers of $ 10 and $ 12. Technical signs look strong – MACD is heading, although RSI sits in 75.02 indicating that it may be somewhat heavy.
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Organizational teacher: Divi I license in Dubai
In a great development, Mantra Dao was just approved for a VASP license from the VARA regulator in Dubai – they are the first Defi project to withdraw this in the region. The license allows them to run the exchange of virtual assets and provide services such as mediation, investment and management.
This regulatory green light can open doors for intended, especially with the largest institutional players who need this official conclusion of approval. The CEO of the project, John Patrick Moulin, confirmed that the organization enhances confidence and expansion, a feeling that is likely to nourish the distinctive symbol gathering.
We announced last night that #Mantra The first received #Defi License from Varadubai To work, exchange virtual assets, and provide mediator, management and investment services.
– Mantra
Quickly forward today, and we have returned with an update from the CEO and the co -founder, … pic.twitter.com/nkl7lp4xxq
Consent 2025 Hong Kong
(Mantra_chain) February 20, 2025
Partnership with Google Cloud and Rwa Accessor
Mantra has also announced a cooperation with Google Cloud to launch an accelerated program that focuses on RWA. They also launch a program to help startup WEB3 to work on the world’s realistic asset icon, and to provide financing, guidance and artificial intelligence tools.
In consensus 2025, the initiative was unveiled by John Patrick Moulin alongside Rich and Widman, who heads the Web3 strategy in Google Cloud. They emphasized how this innovation could drive forward in Blockchain financing. It is possible that the increasing interest in the distinctive symbol and institutional support has contributed to increasing the prices of om.
Increase market activity in the market and the leverage trading
Om has also acquired exposure by launching the Hashkey Global to the Perpetual Om-Usdt contract. This allows traders to reach up to 20x financial lever with zero trading qualities, which may have strengthened market participation.
With the adoption of the distinctive symbol on a wider scale, the Mantra position as layer 1 layers with organizational approval makes it prominent in the Defi sector. With the expansion of institutional interests and a clear organizational path, The investor’s confidence appears in a talisman price To grow, pushing the distinctive symbol to its highest new levels.
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