Altcoins News
By MikeT
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South Korea’s leading cryptocurrency exchange, Upbit, has once again drawn attention in the digital currency world.
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The May 21 listing marked a fresh beginning for MANTRA (OM), which had suffered a devastating blow in mid-April.
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In the aftermath of the crash, the token's development team, led by CEO John Patrick Mullin, implemented measures to restore investor confidence.
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Although the token burn had a modest impact on OM’s price, it remained well below the $1 mark, leaving investors cautiously awaiting further developments.
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Upbit officially began trading for OM on May 21, 2025, at 15:00 Korea Standard Time (KST). The move quickly impacted the market.
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This surge is significant because Upbit’s listing has not only brought back investor confidence but also restored some of the value lost during the previous crash.
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Upbit’s listing event wasn’t limited to OM alone. Alongside MANTRA (OM), the exchange also introduced trading for five other altcoins: Access Protocol (ACS), GoChain (GO),…
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GO and RLY were the standout performers in this group. Following Upbit’s listing, both tokens saw significant gains. GO’s price surged by 105.
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Meanwhile, ACS, OBSR, and QTCON also experienced price gains, though more modest than their counterparts. ACS gained 12%, OBSR saw a 6% increase, and QTCON rose by 18%.
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These gains across multiple tokens underscore the significant role that Upbit plays in shaping market dynamics.
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The price movements of these tokens—especially the larger jumps seen in GO and RLY—highlight the powerful influence Upbit has over market sentiment and investor behavior.
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While the listing on Upbit is a positive development for MANTRA (OM), the road ahead is far from certain.
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For now, the price surge fueled by Upbit’s listing represents a glimmer of hope for the token’s recovery.
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Conclusion: A New Beginning for MANTRA (OM)
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Upbit’s listing of MANTRA (OM) has injected new life into a token that was struggling to recover from one of the most dramatic crashes in recent memory.
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