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MANTRA

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<p><span style="font-weight: 400;">The MANTRA price dropped 6% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/mantra/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.3102</span></a><span style="font-weight: 400;"> as of 00:07 a.m. EST on trading volume that rose 17% to $117 million.</span></p>
<p><span style="font-weight: 400;">The price retracement comes after the OM price surged 82% in the last seven days.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">WTF Happened with Mantra ?!? <br>I still had 3000 <a href="https://twitter.com/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$OM</a> lost on my Metamask and it’s suddenly worth something ! 😅🤔</p>
 <p>Never had such a fast x10 on my wallet. <a href="https://t.co/LWB728YPNi" rel="noopener noreferrer nofollow">pic.twitter.com/LWB728YPNi</a></p>
 <p>— CryptomΞdic.eth (@_cryptomedic_) <a href="https://twitter.com/_cryptomedic_/status/1756319604530438543?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 10, 2024</a></p>
</blockquote>
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<p><span style="font-weight: 400;">MANTRA offers innovative solutions, such as the ability for users to trade, issue, and earn money from crypto and tokenized assets. Additionally, the platform enables developers to create their own decentralized applications.</span></p>
<p><span style="font-weight: 400;">With such interesting innovations, can OM recover from its drop?</span></p>
<h1 id="span-style-font-weight-400-mantra-price-bullish-trading-within-an-ascending-triangle-span"><span style="font-weight: 400;">MANTRA Price Bullish, Trading Within An Ascending Triangle&nbsp;&nbsp;</span></h1>
<figure id="attachment_480013" aria-describedby="caption-attachment-480013" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-480013" src="https://insidebitcoins.com/wp-content/uploads/2024/02/OMUSDT_2024-02-12_08-07-30.png" alt="MANTRA Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/OMUSDT_2024-02-12_08-07-30.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/OMUSDT_2024-02-12_08-07-30-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/OMUSDT_2024-02-12_08-07-30-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/OMUSDT_2024-02-12_08-07-30-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-480013" class="wp-caption-text">
  MANTRAUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The MANTRA price has been on an uptrend, affirmed by a markup phase from the $0.15 support. However, the bulls seemed to have hit the $0.349 resistance, allowing the bears to exert some pressure. This led to a slight retracement back to the $0.25 support zone.</span></p>
<p><span style="font-weight: 400;">The struggle between the bears and the bulls seems to be forming a consolidation phase as the price tries to break out.</span></p>
<p><span style="font-weight: 400;">Additionally, the OM price is trading above both the 50-day and 200-day Simple Moving Averages (SMA), which supports a likely bull rally.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) indicates a rebound below the 50-midline level to 52, which somehow indicates a neutral trend but with an upward movement. If the bullish momentum is sustained, it could drive the RSI to the 70-overbought region, affirming the bullish prospects of the OM price.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-480014" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_2.png" alt="MANTRA Price MACD and ADX" width="1266" height="317" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_2.png 1266w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_2-300x75.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_2-1024x256.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_2-768x192.png 768w" sizes="(max-width: 1266px) 100vw, 1266px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) line (blue) seems to be rebounding to trade within the same level as the signal line (orange), further supporting the breakout to the upside of the price. The red bars further support this, as they seem to be reducing, heading for the upside.</span></p>
<p><span style="font-weight: 400;">Furthermore, the Average Directional Index (ADX) is trading above the 20 level at 25, which shows a slight bullish trend.</span></p>
<h2 id="span-style-font-weight-400-mantra-price-prediction-span"><span style="font-weight: 400;">MANTRA Price Prediction</span></h2>
<p><span style="font-weight: 400;">The short-term analysis of MANTRA’s price indicates a bullish bias, as it signals a potential continuation of the bullish momentum. The formation of an ascending triangle further supports this sentiment, suggesting that the bulls aim to breach the upper boundary of the triangle.</span></p>
<p><span style="font-weight: 400;">The bulls aim to surpass the previous resistance at $0.349, targeting $0.4 as they clear new resistances at $0.32 and $0.37.</span></p>
<p><span style="font-weight: 400;">However, in a reverse scenario, some bearish pressure could lead to a retracement to support levels below the lower boundary of the ascending triangle, with $0.25 acting as the likely cushion against downward pressure.</span></p>
<p><span style="font-weight: 400;">Meanwhile, as the OM bulls aim for new highs, Sponge V2 is attracting interest from investors who believe it can repeat the 100x launch trajectory of its predecessor, Sponge V1.</span></p>
<h2 id="span-style-font-weight-400-buy-sponge-v2-for-potential-100x-gains-span"><span style="font-weight: 400;">Buy $SPONGE V2 For Potential 100X Gains</span></h2>
<p><span style="font-weight: 400;">Did you miss the 100X pump of Sponge V1 last year? No need to worry, as you still have an opportunity to buy its sequel, </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Sponge V2</span></a><span style="font-weight: 400;">, which is readying to launch on bigger and better exchanges.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">If you missed out on <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V1, don't miss out on <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a>!</p>
 <p>Time to stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a>! 🚀🧽<a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://twitter.com/hashtag/BullMarket?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BullMarket</a> <a href="https://twitter.com/hashtag/Bullish?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bullish</a> <a href="https://twitter.com/hashtag/Trade?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Trade</a> <a href="https://t.co/oNwatR7ihw" rel="noopener noreferrer nofollow">pic.twitter.com/oNwatR7ihw</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1756332327150436674?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 10, 2024</a></p>
</blockquote>
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<p><span style="font-weight: 400;">After Sponge V1 launched, it accumulated over 13,000 investors and soared to a market capitalization of $100 million, earning listings on over ten major exchanges, including BitMart, Toobit, and Lbank.</span></p>
<p><span style="font-weight: 400;">Sponge V1 was discontinued on Feb. 5, with the team facilitating a hassle-free transfer of its holders to the more secure and cost-efficient V2 on the Polygon network.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📣 Attention, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>!</p>
 <p>Here is some important information to remember about <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V2!<a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V1 has officially been discontinued, and V2 has been launched on <a href="https://twitter.com/hashtag/Polygon?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Polygon</a>! 🔥</p>
 <p>Learn more about the token details below 👇<a href="https://t.co/TCdxgXx40w" rel="noopener noreferrer nofollow">https://t.co/TCdxgXx40w</a></p>
 <p>🧵1/3 <a href="https://t.co/YZzXOlKmHY" rel="noopener noreferrer nofollow">pic.twitter.com/YZzXOlKmHY</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1754826966048657421?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
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<h2 id="span-style-font-weight-400-stake-sponge-v2-tokens-get-rewarded-span"><span style="font-weight: 400;">Stake $SPONGE V2 Tokens, Get Rewarded</span></h2>
<p><span style="font-weight: 400;">You can also </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">buy and stake your $SPONGE V2 tokens</span></a><span style="font-weight: 400;">, and get rewarded with an impressive 198% annual percentage yield (APY). Additionally, you can earn income through a play-to-earn (P2E) gaming feature, a new feature in Sponge V1’s sequel that’s set to attract new investors and players.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Exciting news, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>! 🌟🧽🧽<a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> is now live! Visit our website to buy and stake <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V2.</p>
 <p>Check it out below! 👇<a href="https://t.co/nFOSl1ZCD9" rel="noopener noreferrer nofollow">https://t.co/nFOSl1ZCD9</a><a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://twitter.com/hashtag/CryptoStaking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoStaking</a> <a href="https://t.co/T4DCAKhcxF" rel="noopener noreferrer nofollow">pic.twitter.com/T4DCAKhcxF</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1754810364863422520?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">The team is planning to launch a new game, </span><i><span style="font-weight: 400;">Sponge Racer</span></i><span style="font-weight: 400;">, which features both free and paid versions. Players will engage in various in-game missions, earning token rewards through participation in races.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a YouTube crypto analyst, believes Sponge V2 has what it takes for a potential 100X on launch.</span></p>
<p><iframe title="SPONGE V2 Meme Coin Launching SOON - Next 100X Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/1kIF9YmV0CM?start=10&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">To join the presale, visit </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official Sponge V2 website</span></a><span style="font-weight: 400;"> and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/top-crypto-gainers-today-feb-10-bonk-pendle-immutable-sponge-v2" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Top Crypto Gainers Today Feb 10 – Bonk, Pendle, Immutable, Sponge V2</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/where-buy-presale-crypto-unlock-exclusive-early-now-calsona-q7xie" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now! 🎉🎉</span></a></li>
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MANTRA Price Prediction: OM Dumps 6% As Traders Scramble To Buy Sponge V2 Amid FOMO As Listing Nears

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