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TürkçeMANTRA Information
MANTRA is a community-governed DeFi platform focused on staking, lending, and governance. It leverages blockchain technology to empower its users with financial control and transparency while ensuring a fair reward distribution through its native token. The platform aims to create a holistic ecosystem that supports various digital assets and facilitates seamless interactions among its users.
Understanding MANTRA: A Comprehensive Overview
In the ever-evolving world of cryptocurrencies, MANTRA, often recognized by its symbol OM, has emerged as a noteworthy contender. As a decentralized finance (DeFi) platform, MANTRA is designed to give power back to the community with unique staking and governance features. This article provides an in-depth look at MANTRA, examining its trajectory, advantages, challenges, and future prospects.
The Genesis and Development of MANTRA
MANTRA was established with the aim of transforming the DeFi space by leveraging blockchain technology to offer community-governed financial services. Since its inception, MANTRA has seen impressive growth, marking a significant milestone with its all-time low (ATL) at $0.01726188 on October 12, 2023, to reaching an all-time high (ATH) of $1.61 on October 14, 2024. Such growth is indicative of its increasing acceptance and the value proposition it offers to its users.
Key Features of MANTRA
MANTRA offers a variety of unique features that set it apart in the crowded DeFi market. One of its fundamental offerings includes a robust staking platform that allows users to earn rewards for participating in the security and growth of the network. Additionally, MANTRA has implemented a community governance model, empowering token holders with voting rights to shape the future developments and policies of the ecosystem.
Advantages of Investing in MANTRA
Investors are drawn to MANTRA for its community-centric approach and the opportunity to participate in the governance process. The platform’s efficient staking mechanisms provide attractive yields, which is a significant incentive for users looking to earn passive income. Furthermore, its substantial market cap and volume reflect strong market confidence and liquidity, supporting its potential for long-term stability and growth.
Challenges and Considerations
Despite its promising features, MANTRA faces certain challenges. The DeFi sector is highly competitive, and maintaining user base growth and innovation is crucial for sustained success. Additionally, regulatory uncertainties in the blockchain and cryptocurrency space could pose risks, as new legislation could impact the operation and adoption of DeFi platforms like MANTRA.
Past Performance and Future Outlook
The past performance of MANTRA has been impressive, witnessing a dramatic price increase from its ATL to near its ATH within roughly one year. The recent price actions reflect a current stabilization phase, with its value at approximately $1.39. While this denotes a decline from its ATH, it is still significantly above its ATL, indicative of a robust recovery and growth path.
Looking ahead, MANTRA's prospects depend on its ability to innovate and adapt. Continued enhancements in its staking and governance offerings, along with stronger community engagement, could bolster its position in the DeFi landscape. With a growing ecosystem of blockchain solutions, MANTRA is well-positioned to capture further market share, provided it navigates the regulatory and competitive challenges effectively.
Conclusion
MANTRA stands out as a dynamic player in the DeFi space, with its emphasis on community governance and staking rewards. While it faces challenges typical of this fast-paced industry, its foundational strengths and past performance equip it for potential future success. Investors and users interested in decentralized finance will find MANTRA to be a compelling and potentially rewarding choice amidst its contemporaries.
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from price
$4
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General Information |
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Title
MANTRA
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Symbol
om
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Whitepaper
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Website
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Community
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Last Updated
2025-01-21 23:53
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Price Data |
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Current Price $
3.66
$
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High 24h
3.73
$
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Low 24h
3.47
$
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Price Change 24h
0.062575
$
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Price Change % 24h
1.73899
%
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Market Data |
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Market Cap
3517274510
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Total Volume
78319210
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Market Cap Change 24h
27201614
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Market Cap Change % 24h
0.7794
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
961371556.95
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Total Supply
1804564779.56
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Max Supply
-
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Historical Data |
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All Time High (ATH)
4.55
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ATH Change %
-19.58559
%
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ATH Date
2024-12-11 17:15
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All Time Low (ATL)
0.01726188
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ATL Change %
21076.95069
%
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ATL Date
2023-10-12 17:25
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