OM Pumps +23% Today. Why Mantra (OM) is Surging on Binance Upgrade Hype
OM/USDT on Binance just surged +23.23% in 24 hours to $0.0573, hitting a high of $0.0705 with massive volume 221.53M OM traded + $12.92M USDT.
Why the big pump right now?
Real drivers on February 13, 2026
Mantra Chain Upgrade Anticipation Community awaiting final phase of coin upgrade (OM MANTRA ticker change + 1:4 non-dilutive redenomination split around March 2-4, 2026). This boosts hype for supply consolidation, hard cap, and liquidity shift to native chain major FOMO catalyst.
Technical Rebound Strong Price exploded from recent lows $0.0376-0.0448 (oversold zone), with bullish EMA cross (25/50/100), expanding Bollinger Bands, and huge volume spike. Classic recovery after Jan,Feb dips.
Volume Squeeze 221M+ OM traded means thin liquidity amplifies moves traders piling in on upgrade narrative and RWA sector rotation.
RWA Narrative Mantra remains top RWA project (tokenization, Dubai VARA license, DAMAC $1B deal) sentiment heating up despite migration volatility.
Explosive spike from lows, now consolidating around $0.057 after high $0.070+.
EMAs aligning bullish, price testing upper Bollinger momentum strong.
RSI heating but room left; watch hold above $0.055 for continuation.
Bullish if holds $0.055+ Could push to $0.07-0.09+ (next resistance/fib) preupgrade.
High volatility (migration delays or postupgrade sell,off), profit taking after +23%, or broader market dip. OM has strong RWA utility, but high risk mid cap
What do you think More pump to $0.1+ on upgrade hype, or retrace?
Share charts thoughts below.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.
