The cryptocurrency has become one of the top performers in the altcoin market as daily active addresses surged by 570% and hit an all-time high.<\/p>\n
Active Addresses Soar<\/strong><\/h2>\nAnalysts pointed out that there is a growing excitement among Mantra<\/a> holders as they are anticipating a possible airdrop in the upcoming days. Cosmos Airdrops made the announcement as the coin recorded a new all-time high and experienced a surge in its daily active addresses.<\/p>\nData showed that the cryptocurrency\u2019s daily active addresses skyrocketed by 573% in the last three days, indicating that the digital asset has an increasing appeal to its holders resulting in higher trading activity.<\/p>\n
\n$OM<\/a> hits ATH again! \ud83d\ude80<\/p>\nIt’s one of the strongest players in the RWA section and a true point of pride for the Cosmos ecosystem \u2604\ufe0f<\/p>\n
Plus, an airdrop is coming in the next days! \ud83d\udc40 \ud83e\ude82<\/p>\n
Exciting growth! pic.twitter.com\/YBFxnj6uQB<\/a><\/p>\n\u2014 Cosmos Airdrops \ud83e\ude82 (@Cosmos_Airdrops) November 14, 2024<\/a><\/p><\/blockquote>\nAs of writing, OM is being traded at $3.35 per coin – a new all-time high<\/a> – with a 24-hour trading volume of more than $674 million. In the last week, Mantra has sustained an impressive 132% price increase. Its total market capitalization is over $3 billion.<\/a><\/p>\n![\"\"](\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/A_c0050c.png?resize=1024%2C419\")
OM hits a new ATH. Source: Coingecko<\/a><\/figcaption><\/figure>\nMoreover, whale activity is also moving upward due to the recent price hike. For instance, Spot On Chain revealed that a whale who owned a large volume of Mantra since December 2023 recently bought more coins to boost his OM holdings.<\/p>\n![\"\"](\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/A_5fc21b.png?resize=671%2C318\")
OM up 132% in the last week. Source: Coingecko<\/a><\/figcaption><\/figure>\nThe whale purchased $2.62 million worth of OM tokens in addition to the 18.27 million coins the whale already owned.<\/p>\n
Further, Mantra\u2019s net inflows from whales or large holders surged to 2.39 million OM worth $5.75 million on November 15 from 716,040 tokens recorded on November 13. Analysts said that the growing interest of large investors is a sign that the OM market is bullish.<\/p>\n![\"\"](\"https:\/\/www.tradingview.com\/x\/4pE13V2L\/\" "\\"OM")
OM market cap currently at $2.8 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\nOM Hits All-Time High<\/strong><\/h2>\nMarket commentators said that Mantra\u2019s price has increased by nearly 50% in the past 24 hours, to push the coin up to a new all-time high.<\/p>\n
Analysts said that in the past 12 months, the cryptocurrency has increased by more than 10,000%, making it among the top-performing altcoins in the crypto market.<\/p>\n
This milestone also established Mantra as the only RWA-focused digital asset to attain 100 times return this year. According to CoinGecko, Mantra ranked 44th in terms of total market capitalization.<\/p>\n
In addition, analysts also saw a surge in the open interest in the coin\u2019s futures market which went up 78.22% in the previous day hitting a new record of $115 million. This figure is a big leap from the $24.70 million in September.<\/p>\n
Data showed that the cryptocurrency\u2019s daily active addresses skyrocketed by 573% in the last three days, indicating that the digital asset has an increasing appeal to its holders resulting in higher trading activity.<\/p>\n
\n$OM<\/a> hits ATH again! \ud83d\ude80<\/p>\n
It’s one of the strongest players in the RWA section and a true point of pride for the Cosmos ecosystem \u2604\ufe0f<\/p>\n
Plus, an airdrop is coming in the next days! \ud83d\udc40 \ud83e\ude82<\/p>\n
Exciting growth! pic.twitter.com\/YBFxnj6uQB<\/a><\/p>\n
\u2014 Cosmos Airdrops \ud83e\ude82 (@Cosmos_Airdrops) November 14, 2024<\/a><\/p><\/blockquote>\n
As of writing, OM is being traded at $3.35 per coin – a new all-time high<\/a> – with a 24-hour trading volume of more than $674 million. In the last week, Mantra has sustained an impressive 132% price increase. Its total market capitalization is over $3 billion.<\/a><\/p>\n
OM hits a new ATH. Source: Coingecko<\/a><\/figcaption><\/figure>\n Moreover, whale activity is also moving upward due to the recent price hike. For instance, Spot On Chain revealed that a whale who owned a large volume of Mantra since December 2023 recently bought more coins to boost his OM holdings.<\/p>\n
OM up 132% in the last week. Source: Coingecko<\/a><\/figcaption><\/figure>\n The whale purchased $2.62 million worth of OM tokens in addition to the 18.27 million coins the whale already owned.<\/p>\n
Further, Mantra\u2019s net inflows from whales or large holders surged to 2.39 million OM worth $5.75 million on November 15 from 716,040 tokens recorded on November 13. Analysts said that the growing interest of large investors is a sign that the OM market is bullish.<\/p>\n
OM market cap currently at $2.8 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\n OM Hits All-Time High<\/strong><\/h2>\n
Market commentators said that Mantra\u2019s price has increased by nearly 50% in the past 24 hours, to push the coin up to a new all-time high.<\/p>\n
Analysts said that in the past 12 months, the cryptocurrency has increased by more than 10,000%, making it among the top-performing altcoins in the crypto market.<\/p>\n
This milestone also established Mantra as the only RWA-focused digital asset to attain 100 times return this year. According to CoinGecko, Mantra ranked 44th in terms of total market capitalization.<\/p>\n
In addition, analysts also saw a surge in the open interest in the coin\u2019s futures market which went up 78.22% in the previous day hitting a new record of $115 million. This figure is a big leap from the $24.70 million in September.<\/p>\n