![Breaking: mantra [old] (om) surges 429% to $0. 067 in 24 hours](https://blockchainmagazine.com/wp-content/uploads/breaking-om-surges-2026-04-05.png "Breaking: Mantra [Old] (Om) Surges 429% To $0.067 In 24 Hours 6")
BREAKING: MANTRA [Old] (OM) Surges 429% to $0.067 in 24 Hours
MANTRA [Old] (OM) has recorded an explosive 429% price increase over the past 24 hours, surging from approximately $0.012 to $0.066886 as of 2:14 AM UTC on April 5, 2026.
The legacy token’s market capitalization jumped by $265.6 million (454%) to reach $324 million, propelling it to rank #122 among all cryptocurrencies. The fully diluted valuation now stands at $475.4 million.
Unusual Trading Patterns
Despite the dramatic price movement, trading volume remains exceptionally low at just $6,281.71 over the 24-hour period. This minimal volume coupled with the extreme price volatility suggests highly illiquid market conditions for the legacy token.
The token reached both its 24-hour high and current price at $0.066886, while the 24-hour low was recorded at $0.012052. The 1-hour price change shows an even more dramatic 398.6% increase, indicating the surge occurred very recently.
Context and Background
MANTRA [Old] represents the legacy version of the MANTRA project, which has since migrated to a new token contract. The circulating supply stands at 4.84 billion tokens out of a total supply of 7.11 billion.
The token remains significantly below its all-time high of $8.99 reached on February 23, 2025, currently sitting 99.26% below that peak. However, it has surged 507% from its all-time low of $0.011017 recorded on March 31, 2026—just five days ago.
The 7-day price performance shows a 484% gain, while the 30-day change is a modest 0.89%, suggesting this surge is an extremely recent development.
Market Implications
The combination of extreme price volatility and minimal trading volume is highly unusual for a top-150 cryptocurrency by market cap. Market observers should exercise extreme caution, as such conditions often indicate potential market manipulation or technical anomalies.
Investors should note this is the legacy MANTRA token, not the current active version of the project. The extremely low liquidity makes this asset particularly risky for trading.
This is a developing story. Further updates will be provided as more information becomes available.
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