MANTRA

Aptos

Date: Fri, Oct 04, 2024, 08:35 AM GMTThe crypto market has had a rocky start to October, as rising geopolitical tensions between Iran and Israel have caused widespread panic selling. Many top altcoins saw a sharp drop, but two have bucked the trend—Aptos (APT) and Mantra (OM). Despite the broader bearish pressure, these tokens have shown strong positive momentum, signaling that a major rally may be on the horizon.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/37aa00fa6c094b0fa3041b916228261a.png" />Source: CoinmarketcapHere’s a closer look at what’s happening with these standout coins.<h3 id="aptos-apt">Aptos (APT)</h3>Aptos (APT) has been a top performer in the last 24 hours, surging an impressive 11.27% and up 7% over the past seven days. This bullish momentum comes on the heels of a <a href="https://coinsprobe.com/aptos-shows-strong-momentum-despite-bearish-market-here-is-why/" rel="noopener noreferrer nofollow">major announcement</a>—Aptos Foundation has partnered with global asset management giant Franklin Templeton. The collaboration will see the Franklin OnChain US Government Money Fund (FOBXX) integrated onto the Aptos blockchain, a significant milestone for both Aptos and the world of decentralized finance (DeFi).<img src="https://academy-public.coinmarketcap.com/optimized-uploads/be30973bb8e9457bac40d4ab59a24d3b.png" />At the time of writing, Aptos is trading at $8.99, having successfully retested its breakout level at $7.27. With strong momentum, the next key resistance levels for Aptos are $9.27, $9.74, and $10.38. Should Aptos break through the $10.38 level, we could witness a massive rally in its price.<h3 id="mantra-om">Mantra (OM)</h3>Mantra (OM), a major player in the Real World Assets (RWA) narrative, has held up strongly during the recent sell-off. Over the last seven days, OM has gained 3.51%, and over the past month, it’s up an impressive 30%.The excitement around OM is largely due to its highly anticipated <a href="https://coinsprobe.com/mantra-brings-real-world-assets-onchain-with-mainnet-launch/" rel="noopener noreferrer nofollow">Mainnet launch</a> this month. The launch of MANTRA Chain is expected to bring even more RWA partnerships into play, driving further demand for the OM token.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/067e7d7f1be1483a92d25f4f3b457040.png" />Currently, OM is trading at $1.26, having recently broken past a key resistance level at $1.18. Its next target is $1.41, which would mark its all-time high—just 10% away from its current price. With momentum building and major developments on the horizon, OM is well-positioned to potentially hit a <a href="https://coinsprobe.com/top-3-altcoins-that-could-hit-new-all-time-high-in-october/" rel="noopener noreferrer nofollow">new all-time</a> high soon.<h3 id="bitcoin-btc">Bitcoin (BTC)</h3>Amid the panic selling, Bitcoin dropped to a low of $60,000, but it has since shown signs of stabilizing, currently trading around $61,500. If Bitcoin can hold this support level, we could see a recovery in the coming days.<h3 id="final-thoughts">Final Thoughts</h3>Both Aptos and Mantra are showing strong potential despite a turbulent market, driven by major partnerships and upcoming developments. Investors should keep a close eye on these tokens as they could be on the verge of a significant rally.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Also Read: <a href="https://coinsprobe.com/top-altcoins-sui-kas-and-sei-rebound-from-key-support-what-to-expect-next/" rel="noopener noreferrer nofollow">Top Altcoins SUI, KAS, and SEI Rebound from Key Support— What To Expect Next?</a>

Aptos and Mantra on the Edge of a Major Rally—Here’s What to Watch

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