{"id":23172,"date":"2026-03-04T14:25:23","date_gmt":"2026-03-04T14:25:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-mantra-price-surged-62-despite-modest-crypto-market-gains\/"},"modified":"2026-03-04T14:25:25","modified_gmt":"2026-03-04T14:25:25","slug":"heres-why-mantra-price-surged-62-despite-modest-crypto-market-gains","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-mantra-price-surged-62-despite-modest-crypto-market-gains\/","title":{"rendered":"Here\u2019s why Mantra price surged 62% despite modest crypto market gains"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Mantra price has surged sharply after upgrade, rebrand, and 1:4 token split.<\/p>\n<div id=\"cn-block-summary-block_dd9cd1387ff6455db6f2f6112bdbe923\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>MANTRA surged 62% to $0.02419 as trading volume jumped 2,858% in 24 hours.<\/li>\n<li>The rally followed a rebrand, 1:4 token split, and migration to MANTRA Chain.<\/li>\n<li>Holding $0.022 support could open the path toward $0.027\u2013$0.034 in the short term.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>MANTRA jumped 62% in 24 hours to trade at $0.02419 at press time, sharply outperforming a relatively calm broader market where Bitcoin, Ethereum, and XRP posted gains of just 3%\u20135%.<\/p>\n<p>The rally came with a surge in activity. Trading volume hit $184 million in the last 24 hours, up 2,858% from the previous day. MANTRA\u2019s market cap now stands at $114 million, with a fully diluted valuation of $169 million.<\/p>\n<h2 class=\"wp-block-heading\">Upgrade, rebrand, and token split drive momentum<\/h2>\n<p>The sharp move came after the project completed a major chain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/mantra_chain\/status\/2028696685711683846?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\" rel=\"nofollow\">upgrade<\/a>, full rebrand, and token redenomination \u2014 a transition that had been anticipated for weeks.<\/p>\n<p>Under the new structure, the old $OM ticker was retired and replaced with $MANTRA. A 1:4 non-dilutive token split was carried out, meaning holders received four MANTRA tokens for every one OM previously held. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$OM<\/a> has officially upgraded to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24MANTRA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MANTRA<\/a>.<\/p>\n<p>The 1:4 split is complete. Every 1 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$OM<\/a> is now 4 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24MANTRA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MANTRA<\/a>.<\/p>\n<p>Thank you to all supporting exchanges for ensuring a smooth transition today and in the days ahead. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/XiqTqwHHzP\">pic.twitter.com\/XiqTqwHHzP<\/a><\/p>\n<p>\u2014 MANTRA | The EVM L1 for RWAs (@MANTRA_Chain) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/MANTRA_Chain\/status\/2028696685711683846?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 3, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Overall ownership value remained unchanged on supported platforms, even as balances were adjusted.<\/p>\n<p>Liquidity was migrated to the native MANTRA Chain, an EVM-compatible layer 1 designed to support real-world asset infrastructure. During the process, trading was temporarily paused by major exchanges such as Binance and Coinbase, after which the new token was relisted once the migration had been finalized.<\/p>\n<p>A reset of this scale, new ticker, refreshed liquidity pools, consolidated branding, tends to draw speculative attention. In this case, short-term flows appear to have followed quickly. <\/p>\n<p>On X, sentiment has improved, and the leadership team has highlighted the smooth execution while reinforcing MANTRA\u2019s positioning as a compliance-focused RWA infrastructure project.<\/p>\n<p>The rebound arrives after a turbulent period in 2025, when the token experienced a severe decline linked to forced liquidations. This time, however, the price action seems to be driven by a clear technical milestone and renewed trading interest rather than external shock events.<\/p>\n<h2 class=\"wp-block-heading\">Short-term outlook: Momentum vs. pullback risk<\/h2>\n<p>In the near term, the $0.022\u2013$0.024 range is being watched closely. If buyers defend that area, continuation toward $0.027\u2013$0.034 could unfold, according to commonly shared technical setups. Should that support fail, lower levels may be tested.<\/p>\n<p>Volume will likely determine the strength of the move. Daily turnover that exceeds $100 million usually indicates significant engagement as opposed to transient interest. <\/p>\n<p>Sharp but transient spikes, on the other hand, may be possible with a thinner volume. Strong rallies are often followed by periods of retracement, and there are still visible downside gaps sitting around $0.018\u2013$0.022.<\/p>\n<p>Should momentum continue and new ecosystem milestones be delivered, control is likely to remain with buyers. On the other hand, if trading activity tapers off and tangible RWA expansion doesn\u2019t follow, the rally could gradually lose strength, with price action shifting into consolidation before any continuation unfolds.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mantra price has surged sharply after upgrade, rebrand, and 1:4 token split. Summary MANTRA surged 62% to $0.02419 as trading volume jumped 2,858% in 24 hours. The rally followed a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23172"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23172\/revisions"}],"predecessor-version":[{"id":23173,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23172\/revisions\/23173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5268"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}