MANTRA Launches With 37% Rally After OM Token Swap

Mantra (MANTRA) rallied 37% after its launch following the completion of the OM token swap at a 1:4 ratio. The new token went live on major centralized exchanges, including Binance. The total supply stands at 7.055 billion MANTRA, with 67.51%—about 4.763 billion tokens—currently in circulation.

The Money Flow Index showed steady buying pressure: it dipped briefly but recovered as demand pushed the price upward. Continued interest from investors will be important to sustain the coin's early gains.

MANTRA is trading at $0.023, up 37% from its launch price, though trading volume indicates a gradual decline in buying momentum. If bullish momentum resumes, the token could move past $0.024 and test resistance at $0.026, which aligns with the 123.6% Fibonacci extension.

If buying pressure weakens or investors who swapped OM for MANTRA sell, the token could face a pullback. A decline below the $0.021 support level would raise the possibility of a drop toward $0.0198.

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