• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Mantra Recovers Amid Mantra Zone Platform Upgrade

user avatar

by Giorgi Kostiuk

a year ago

  1. Mantra Token Price Growth
  2. Mantra Staking Yield
  3. Support and Risks for Mantra


    4. The Mantra token showed an increase after the announcement of a new version of the Mantra Zone platform.

    Mantra Token Price Growth

    The price of the Mantra token (OM) rose by 10% on September 3 after reaching an important support level. According to the developers, the new version of the Mantra Zone allows users to earn rewards and participate in various on-chain activities.

    Mantra Staking Yield

    One of the reasons for the token's growth was the high staking yield. According to StakingRewards data, Mantra's staking yield increased to 21.17%, one of the highest figures in the cryptocurrency industry.

    Support and Risks for Mantra

    Mantra's recovery occurred amid the overall decline in the cryptocurrency market. It is important to note that more than 50% of traders continue to open short positions on the token, which is a potential risk.

    Thus, the development of the Mantra Zone platform and the high staking yield contribute to the growth of the Mantra token, despite the overall market weakness and high share of short positions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

GANA Payment Project Suffers $31 Million Loss Due to Security Breach

chest

GANA Payment lost over $31 million after an attacker gained unauthorized control of key contract rights.

user avatarLeo van der Veen

AVAX Momentum Surges with Zero Knowledge Proof Whitelist Launch

chest

Avalanche's AVAX token experiences increased activity and interest after the launch of the Zero Knowledge Proof whitelist, with over 48 million tokens burned and a surge in daily transactions.

user avatarLi Weicheng

Chainlink's LINK Token Surges Amid Strong Institutional Accumulation

chest

Chainlink's LINK token experiences a significant price increase following a breakout and high trading volume.

user avatarAisha Farooq

SUBBD Raises Over 13M in Presale Targeting Creator Economy

chest

SUBBD, an AI-powered content creation platform, has raised over 13M in its presale, aiming to disrupt the 85B creator economy.

user avatarTenzin Dorje

Binance Coin Remains a Strong Contender in Crypto Market

chest

Binance Coin (BNB) continues to be a major player in the cryptocurrency market, powering the BNB Chain ecosystem.

user avatarBayarjavkhlan Ganbaatar

Introduction of XAI: A Layer 3 Network for Gaming

chest

XAI is a Layer 3 network designed specifically for gaming applications, operating on top of Arbitrum. It utilizes AnyTrust technology to maintain low transaction costs while providing fast processing.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.