In one of the most dramatic price movements in the cryptocurrency market today, MANTRA [Old] (OM) has surged an astonishing 512.1% in the past 24 hours, reaching a current price of $0.066981 as of April 17, 2026.
Explosive Recovery from All-Time Low
The token hit an all-time low of $0.01094275 just yesterday on April 16, 2026, at 14:20:02 UTC. Within 24 hours, OM has catapulted from this historic low to its current price, representing a complete reversal in market sentiment.
Market Cap Surges Past $326 Million
The dramatic price increase has propelled MANTRA [Old]’s market capitalization from approximately $53 million to $326.2 million, a gain of $272.9 million or 512.3% in 24 hours. The token now ranks #138 by market cap among all cryptocurrencies.
Key Price Metrics
- 24-hour high: $0.067024
- 24-hour low: $0.01094275
- Price change: +$0.056039
- 1-hour gain: 445.3%
- 30-day performance: +270.1%
Trading Volume Analysis
Despite the massive price movement, trading volume remains relatively modest at $6,487.61, which may indicate limited liquidity or concentrated buying pressure. Traders should exercise extreme caution given the low volume relative to the price action.
Context: Down 99% from All-Time High
While today’s surge is remarkable, MANTRA [Old] remains 99.25% below its all-time high of $8.99 reached on February 23, 2025. The token’s circulating supply stands at 4.87 billion OM out of a total supply of 7.13 billion.
What This Means for Traders
The extreme volatility and low trading volume suggest high risk for both buyers and sellers at current levels. The 512% surge could indicate a technical rebound from oversold conditions, potential news catalyst, or coordinated buying activity. Market participants should conduct thorough due diligence before taking positions.
Last updated: April 17, 2026, 14:21:37 UTC
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About the Author: Ananya Melhotra
