• 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

OneKey Achieves Profitability and Announces AI-Driven Transformation

chest

OneKey, a Hong Kong-based crypto wallet provider, has announced its profitability and plans for an AI-driven transformation.

user avatarDavid Robinson

Concerns Over Rising Living Costs and Property Market

chest

Policymakers in South Korea are concerned about rising living costs and the strength of the property market, which could lead to financial imbalances.

user avatarArif Mukhtar

OneKey Reports Significant Growth in Users and Revenue

chest

OneKey has reported a significant increase in its user base and revenue, with a remarkable 1487% increase in weekly active users and a 416% rise in revenue.

user avatarMaria Gutierrez

South Korea's Inflation Rates Remain Above Target

chest

Consumer inflation in South Korea has remained above the Bank of Korea's target for the fourth consecutive month, despite a slight decline in price growth.

user avatarLuis Flores

TRUMP Token's Exchange Activity Raises Liquidity Concerns

chest

TRUMP Token's exchange activity raises liquidity concerns as team-linked wallets deposit large amounts to major exchanges, fueling speculation about selling pressure.

user avatarAndrew Smith

TRUMP Memecoin Deployer Moves $94 Million to Coinbase

chest

Wallets linked to the TRUMP token deployer transferred $94 million in USDC to Coinbase, raising liquidity concerns.

user avatarJacob Williams

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.