CandleFocus

Mantra hits new all-time high, technicals suggest more gains ahead

Author: Content Editor
Mantra, a real-world asset tokenization platform, has experienced a surge of over 40% in the past 24 hours. The token reached an all-time high of $2.71 and has seen significant gains over the past year, making it one of the top-performing altcoins in the market. The token's market capitalization currently stands at $2.03 billion. The project has achieved key milestones in the RWA sector, including launching its mainnet and partnering with Google Cloud. Whale activity and net inflows from large holders indicate growing interest and bullish sentiment. The Mantra community is excited about an upcoming airdrop, which has contributed to increased trading activity. Technical indicators suggest the potential for further gains in the short term, with a target at the psychological resistance level of $2.50. However, a brief correction may occur before the token resumes its upward trajectory. At the time of writing, the token is trading at $2.29.

Related News