π #OM Mantra transfer volume has surged to a new yearly high of $264.27 million
π #OM Mantra open interest has declined by 48.79% over the past 10 days, dropping from $578 million to just $296 million today.
ππ #OM The most critical resistance barrier for Mantra is $7.60, where 1,080 investors hold over 167 million OM. A breakout above this level could clear the path for new all-time highs.
π³π #OM Whale activity on the Mantra network just hit a new all-time high, with transactions over $1 million surging.
π #OM Mantra: >120,000 wallets from 217,000 purses have been disqualified from the upcoming GenDrop.
Medium
Community Update: Sybil Detection and Decision on $OM Allocation
As shared in our last community update, we detected multiple fraudulent accounts in our recent sybil investigations that were attempting toβ¦
π΅οΈββοΈπ§― 1.5 billion #OM tokens (worth $75 million) were sent to the burn wallet.
π #RWA Social dominance of βreal world assetsβ on Santiment is trending steadily higher β even without the #OM collapse spike β and social volume remains firm. With TradFi now actively experimenting, the narrativeβs getting real. #ONDO, #PLUME, #CPOOL, and #CHEX could be setting up for a solid run.
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πββπ #OM MANTRA Chain proposes to cancel the ERC20 version of the OM token and migrate it entirely to MANTRA Chain. This initiative aims to grow the ecosystem by consolidating liquidity, adjusting token inflation to 8%, setting OM's maximum offering at 2.5 billion and improving network security.
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ββοΈπ #OM CEO Mantra urges OM owners to stop using OKX due to "inaccurate" migration plan.
OKX has said the migration will take place between December 22 and 25. In contrast, Mantra's management proposal says the migration will not occur until after January 15, when support for the Ethereum-based ERC-20 OM token will cease.
OKX has said the migration will take place between December 22 and 25. In contrast, Mantra's management proposal says the migration will not occur until after January 15, when support for the Ethereum-based ERC-20 OM token will cease.