This week, Mantra ($OM) has become the talk of the cryptocurrency world, emerging as the top-trending asset on CoinGecko.
The coin has experienced an explosive 169% surge in November, attracting the attention of investors and traders alike.
Top 20 Trending Coins on CoinGecko 🦎
This week $OM (@MANTRA_Chain) is in first place, followed by $BB (@bounce_bit) and $HAPPY (@HappyCatArcade).
Are you buying these? 🤔https://t.co/wR2b6z7a17 pic.twitter.com/1DkdAMhMEo
— CoinGecko (@coingecko) November 22, 2024
One of the biggest beneficiaries of this price increase appears to be Manifold Trading, which stands to make substantial profits. A single $OM coin has yielded a staggering $27.87 million in profit. This impressive gain highlights the potential of this asset in today’s volatile market.
$OM Token Transfer To BinanceÂ
Additionally, an associated wallet address of Manifold Trading, 0x325…EE78f, made a notable move two hours ago, transferring 2.24 million $OM tokens to Binance. These tokens were purchased earlier this year in January at an average price of $0.0623. Given the current market price of $3.84 per token, the potential profit from this transaction alone stands at $8.48 million.
But that’s not all—Manifold Trading has also sold an additional 4.44 million $OM tokens through a separate address, bringing the total profit from these transactions to an impressive $12.71 million. The rapid rise in $OM’s price has allowed these early investors to capitalize on a highly profitable opportunity.
As $OM continues to trend, it’s clear that Manifold Trading’s savvy moves are paying off, positioning them as one of the biggest winners in the cryptocurrency space this month.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Image Source: maximusnd/123RF // Image Effects by Colorcinch
