BREAKING: MANTRA [Old] (OM) Explodes 293% to $0.067 in 24 Hours
MANTRA [Old] (OM) has experienced an extraordinary price surge, skyrocketing 293.5% in the past 24 hours to reach $0.066831 as of April 23, 2026, marking one of the most significant single-day gains in the cryptocurrency market.
Massive Price Movement Details
The legacy MANTRA token reached an intraday high of $0.069199 before settling at its current price of $0.066831. The token’s 24-hour low was $0.013636, illustrating the dramatic volatility that has characterized today’s trading session.
Market capitalization has surged by $246.6 million, representing a 296.9% increase to reach $329.7 million. This propels OM to the #133 position in cryptocurrency rankings by market cap. The fully diluted valuation now stands at $477.1 million.
Trading Activity and Volume
Despite the massive price increase, 24-hour trading volume remains relatively modest at $6,471, suggesting the move may be driven by limited liquidity rather than massive institutional buying. The circulating supply is 4.93 billion tokens out of a total supply of 7.14 billion OM tokens.
Historical Context
The current price remains significantly below OM’s all-time high of $8.99 reached on February 23, 2025, representing a 99.26% decline from that peak. However, the token has rallied 510.7% from its all-time low of $0.01094 recorded just eight days ago on April 16, 2026.
Over the past 30 days, MANTRA [Old] has gained 448.4%, while the 7-day performance shows a modest 0.14% decline, indicating today’s surge represents a sharp reversal of recent trends.
Recent Price Action
The token experienced a 3.36% pullback in the past hour from its daily high, suggesting some profit-taking following the explosive rally. Market participants should note this token represents the “old” version of MANTRA, which may have implications for its long-term prospects.
As of publication, no official statement has been released explaining the sudden price movement. Traders are advised to exercise caution given the extreme volatility and relatively low trading volume.
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