DeFi Platform MANTRA Secures Dubai License, Expanding Global Reach

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Feb 19 2025

OM-2.183%

KONG-3.42%

DEFI-0.61%

Should l Buy OM?

MANTRA Secures VASP License: The decentralized finance platform MANTRA has obtained a Virtual Asset Service Provider license from Dubai's VARA, allowing it to operate as a virtual asset exchange and offer investment services, positioning itself for global expansion in the Middle East.
Focus on Regulatory Compliance: CEO John Patrick Mullin emphasized the importance of regulatory compliance for building user trust, stating that the license will enable MANTRA to provide compliant financial products for institutional investors while promoting responsible growth in the digital asset space.

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Technical Analysis for OM

Technical Sentiment Analysis for MANTRA (OM) As of , MANTRA (OM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

MANTRA (OM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0154	0.0265	0.0375	0.0486	0.0596	0.0707	0.0817
Fibonacci	0.0265	0.035	0.0402	0.0486	0.0571	0.0623	0.0707

About OM

MANTRA is a Security first RWA Layer 1 Blockchain, capable of adherence and enforcement of real world regulatory requirements. Built for Institutions and Developers, MANTRA offers a Permissionless Blockchain for Permissioned applications.Key Features: * Built using Cosmos SDK, IBC compatible, with CosmWasm supported * Secured via a sovereign PoS validator set * Scalable up to 10k TPS * Built-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAs * Improved User Experience to onboard non-native users and institutions to Web3

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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