Mantra (OM) has gained popularity among crypto users, including traders and whales, due to its volatile movements. A trader known as 0x177e6 has made an unrealized profit of $77 million in less than a year by holding Mantra. In March 2024, the trader bought 11.5 million Mantra tokens for $6.9 million at an average price of $0.63. The value of OM has gradually increased, reaching an all-time high of $7.53. The trader is now moving the tokens to Binance, with a total holding of $84.5 million. Mantra has been outperforming major tokens like Bitcoin and Ethereum, defying the downward trend in the market. Its market valuation currently stands at $7.36 billion, making it the largest RWA token. The growth of Mantra is driven by the rising interest in tokenized assets and the demand for RWAs.



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