A popular crypto analyst is predicting continued growth for an altcoin that has already surged significantly over the past year.
In a recent update on X, crypto expert Michaël van de Poppe shared that Mantra (OM), a decentralized finance project, is poised for further gains.
Mantra is a vertically integrated blockchain ecosystem launched in 2020 that offers various financial services through its own blockchain.
Having already surged 2,800% this year, van de Poppe notes that OM recently hit an all-time high and is currently up about 30% from his previous update. He anticipates more growth for OM, especially with the increasing importance of real-world assets (RWA) in the market.
Recently, Mantra secured a $500 million RWA deal with UAE developer MAG.
As of now, OM is trading at $1.29, up from $0.018 in August of the previous year.