Rally

Satoshi

Million

Read

Coin

<p>Mantra (OM) has seen its price soar by over 8% in the past 24 hours, reaching $0.7924. This notable gain comes against the backdrop of a broader market slump that caused Bitcoin to plunge to $57,000.</p>
<h2 class="wp-block-heading" id="500-million-real-estate-tokenization-partnership-fuels-om-s-rally">$500 Million Real Estate Tokenization Partnership Fuels OM’s Rally</h2>
<p>The primary catalyst for Mantra’s price surge is a partnership announcement with Dubai-based real estate developer MAG Group.</p>
<p>According to a <a href="https://www.coindesk.com/business/2024/07/03/mantra-to-tokenize-500m-real-estate-assets-for-uae-builder-mag-group" target="_blank" rel="noopener noreferrer nofollow">press release</a>, Mantra Chain is set to tokenize $500 million worth of MAG Group’s real estate assets.</p>
<p><strong>Key Details of the Tokenization Deal:</strong></p>
<ol>
 <li>Assets will be tokenized in multiple tranches</li>
 <li>The first tranche includes the Keturah Reserve residential project in Meydan, Dubai</li>
 <li>A $75 million mega-mansion at ‘The Ritz-Carlton Residences, Dubai, Creekside’ development is also part of the initial tokenization</li>
</ol>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/jasmy-coin-price-predicted-to-surge-10000-despite-bearish-crypto-market-sentiment/" target="_blank" rel="noopener noreferrer nofollow">Jasmy Coin Price Predicted to Surge 10,000% Despite Bearish Crypto Market Sentiment</a></em></strong></p>
<p>One of the most intriguing aspects of this tokenization deal is the yield structure proposed for investors:</p>
<ol>
 <li>Expected yields of 8% from stablecoins</li>
 <li>Additional OM tokens to be granted to investors</li>
</ol>
<p>The specific details of the yield structure, including the choice of stablecoin and the exact amount of OM tokens to be allocated, are still under discussion.</p>
<h3 class="wp-block-heading" id="market-performance-and-technical-analysis">Market Performance and Technical Analysis</h3>
<p>Mantra’s price movement over the past 24 hours reflects the market’s positive reaction to this news:</p>
<ul>
 <li>Current Price: $0.7924</li>
 <li>24-hour Low: $0.6891</li>
 <li>24-hour High: $0.8962</li>
</ul>
<p><em><strong>Read more: <a href="https://captainaltcoin.com/robert-kiyosaki-predicts-bitcoin-price-to-hit-10-million-heres-when/" target="_blank" rel="noopener noreferrer nofollow">Robert Kiyosaki Predicts Bitcoin Price to Hit $10 Million – Here’s When</a></strong></em></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-is-mantra-om-price-surging/" rel="noopener noreferrer nofollow">Why is Mantra (OM) Price Surging?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is Mantra (OM) Price Surging?

목차

CaptainAltcoin

2024년 7월 4일에 게재된 다른 기사

Kamala Harris Meme Coin Soars After Biden's Debate Backlash

Bitcoin ETFs Drove $15 Billion Crypto Inflows in H1

“Bitcoin is Independence” Say Michael Saylor Despite Market Volatility

Altcoins vs Meme Coins: Which Ones Are Dominating the Crypto Market in 2024?

Enterprise-Grade Integration: Deutsche Telekom MMS Boosts Subsquid’s Network with Dedicated Nodes

MoonBag Price Skyrockets, While Shiba Inu and Kangamoon Land Hard: Invest Now for Sky-High Returns

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!