Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile

    August 1, 2024

    Anna Lucia and the Generative Art Frontier | NFT CULTURE | NFT News | Web3 Culture

    October 15, 2023

    SBF may receive over four-year sentence reduction: Bureau of Prisons

    May 26, 2025
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

      July 18, 2025

      Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

      July 16, 2025

      Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

      July 15, 2025

      BlackRock’s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst

      July 14, 2025

      Will Pi crash or rally in 2025?

      July 11, 2025
    • Technology

      Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

      July 18, 2025

      What is AI16Z – AMBCrypto

      July 17, 2025

      Bonk gains 15% to lead memecoins as altcoins eye rally

      July 16, 2025

      Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

      July 15, 2025

      Hungary Bans Unlicensed Crypto Platforms: Revolut and Bitstamp Suspend Services

      July 14, 2025
    • Learn/Guide

      $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

      July 18, 2025

      Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

      July 17, 2025

      Trump Media files trademarks for Truth Social AI and AI Search

      July 16, 2025

      DOJ and CFTC drop investigations into Polymarket

      July 15, 2025

      FUNToken Isn’t Just Trending – It’s Consolidating Power in Telegram, One User at a Time

      July 14, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
    Technology

    Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines

    July 7, 20243 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Mantra (OM) is up over 8% in the past 24 hours, amid broader crypto market volatility.

    Mantra’s bullish momentum

    The Relative Strength Index (RSI) indicates upward price movement in the neutral zone, suggesting potential without being overbought.

    Additionally, the Moving Average Convergence Divergence (MACD) has signaled bullish sentiment as the signal line crosses above the MACD line.

    Market sentiment surrounding Mantra remains positive, highlighted by a 7.9% surge in 24-hour trading volume, totaling over $50 million in OM tokens traded. This uptick underscores increasing investor confidence in the project’s growth prospects.

    OM’s technical data signals further price increases for the asset in the short term. Projections for 2024 set a price target of around $1.24, with optimistic scenarios suggesting highs up to $1.45.

    Mantra’s current market capitalization is $703.4 million, supported by a circulating supply of 831.3 OM tokens. These figures underscore MANTRA’s robust foundation for sustained growth in the cryptocurrency market.

    At the time of writing, MANTRA (OM) is trading at $0.8575, representing an over 22% rise over the past 14 days, according to CoinGecko data. 

    Multiverse defies bearish trends 

    MultiversX (EGLD), the native token of the Elrond blockchain, is priced at $33.5, marking a 3.5% rise in the past 24 hours.

    The token maintains a market capitalization of $921.68 million and a robust daily trading volume of over $45 million.

    The moving averages still indicate a bullish trend, as both the 50-day and 200-day moving averages have crossed above the current price. However, the Relative Strength Index (RSI) is overbought, suggesting short-term consolidation or correction potential.

    In related news, several factors are responsible for the recent price declines recorded by Bitcoin (BTC) and other established crypto assets.

    As reported by crypto.news, the German government has been liquidating the over 50,000 BTC confiscated from the illegal online piracy platform Movie2k several years ago. 

    The sell-off commenced on June 19, with a transfer of 1,500 BTC to exchanges such as Coinbase, Bitstamp, and Kraken. 

    Over the past month, the government has sold more than 3,000 BTC, valued at approximately $172 million, in multiple transactions. The German government still holds 46,356 BTC, which is valued at approximately $2.6 billion at current prices.

    However, recent reports indicate a temporary halt in the German government’s Bitcoin sales. On-chain analytics reveal no further transfers from the government-linked wallet to exchanges in the past week.

    At press time, the Bitcoin (BTC) price is hovering around the $57,754 region, representing a 5.2% decline this week.

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

    July 18, 2025

    What is AI16Z – AMBCrypto

    July 17, 2025

    Bonk gains 15% to lead memecoins as altcoins eye rally

    July 16, 2025

    Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

    July 15, 2025
    Top Posts

    Binance CEO Shares Details Of $20 Million Scam Attempt

    August 3, 2023

    Trump Jr. wants to ‘make finance great again’ with new DeFi project

    August 24, 2024

    Injective (INJ) Surges By 19% Following ‘Surprise’ NFT Announcement NFT Suprise Announcement Spurs Injective’s Price Among Other Developments

    May 20, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

    July 18, 2025

    Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

    July 16, 2025

    Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

    July 15, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.