Unexpectedly, Mantra Finance has made history by securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). As a licensed virtual asset exchange, this action helps Mantra expand its activities to the UAE and MENA area. Driven by this impressive development, the OM price has experienced an apparent increase; analysts have a favourable view of its future development possibilities.
15: OM Price Target Bullish Rebound?
Mantra’s OM token surprisingly shows a favourable bounce, jumping almost 100% monthly. Although Bitcoin is still trading below the $100k threshold, the OM price is showing a substantial increase, and observers are hopeful about its future. In a recent X article, market analyst Rachel Crypto projected that the OM price would reach $15, not too far off. Although Rachel Crypto claims the token is breaking out, numerous experts have confirmed her observations.
OM’s price prospects are looking very bright to analysts. While Dexter has a more hopeful view, seeing $10 as the next milestone, KCM projects a modest but encouraging aim of $8.5. Jane Bennet presents the most forceful prediction, though, seeing OM reaching a turning point at $20.
Dubai VASP License for Mantra Financial
Mantra Finance’s recent acquisition of the VASP license in Dubai sets off the present upswing and possible changes in the OM price. Mantra allegedly got a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARAi.
Significantly, the license will improve the platform’s worldwide reach, allowing creative financial solutions to be introduced. Tokenizing real-world assets (RWAs) also helps Mantra grow its Middle Eastern operations. Commenting on the milestone, Mantra CEO Patrick Mullin said, “This development follows crypto exchange Bitget’s recent purchase of the VASP license from the Bulgarian National Revenue Agency.”
Will OM top 10 crypto? Frenzy Bullish
At press time, the OM token trades at $7.52, up 1.21%. The OM price shows notable increases of 30.5% weekly and 100.5% monthly. According to OM price projections, the token might hit an impressive $10.10 in 2025. With a market capitalization of $7.38 billion, OM is 22nd on CoinMarketCap. The token’s favourable momentum has reinforced analysts’ opinions. According to analysts such as Bitt Belle, OM is likely among the top 10 cryptocurrencies.
Moreover, the $382 million 24-hour trading volume, which shows a 31% rise, amply illustrates the changing investor mood. The general increasing momentum and rising market activity draw attention to the prospective market upswing of the OM price.
Final Thoughts
Mantra Finance made history when it obtained a Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This turning point helped Mantra grow its activities in the MENA and UAE areas. Price-wise, the OM cryptocurrency has seen a notable rise—almost 100% over the previous month—and analysts project great future potential.
Forecasts from a target of $8.5 to $20 indicate that market analysts see OM’s future as bright. Notable forecasts indicate that by 2025, the cryptocurrency might be worth $10.10. OM is trading at $7.52 right now; it shows a significant 30.5% rise over the previous week and over 100% gain over the past month.
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