Mantra has recently recorded a strong rebound, with the token rising about 37% following the launch of the new MANTRA token and the completion of the OM token swap. The migration replaced OM at a 1:4 ratio and introduced the new token on major centralized exchanges, including Binance.
Read also: The Fall of Mantra (OM): 2025’s Biggest Crypto Disaster
Early Momentum After the Migration
Following the token swap, MANTRA began trading with strong initial momentum. The launch was accompanied by consistent buying activity, which helped push the price above its initial trading range. Indicators tracking capital flows showed sustained demand during the early phase of trading, although short-term momentum briefly slowed before stabilizing again.
The token is currently trading near $0.023, reflecting the gains recorded since launch. The price increase indicates that the migration and exchange listings have attracted attention from traders and investors, while also improving liquidity for the newly issued token.
Read also: Mantra Releases Official Statement After 90% Drop
Long-Term Issues
The rally is a sharp contrast to the project’s longer-term trajectory. In April 2025, OM experienced one of the most dramatic collapses in the crypto market, losing over 90% of its value within minutes after a cascade of liquidations during low-liquidity trading hours.
The token never recovered its previous valuation, and the crash significantly reduced investor confidence. The current launch and migration represent the latest attempt to rebuild activity around the ecosystem.
