Altcoins are showing diverse movements across different sectors, with OM, ANIME, and ELON each representing distinct market narratives.
While Real-World Asset player OM maintains steady growth with a $3.49 billion market cap and fresh institutional validation, newcomer ANIME faces early volatility despite backing from the Azuki team. Meanwhile, meme coin ELON capitalizes on political sentiment, doubling in value amid Trump-related speculation.
Mantra (OM)
OM is one of the most relevant altcoins in the Real-World Assets (RWA) space, with a market cap of $3.49 billion. Its price is up 3.5% in the last 24 hours. It recently welcomed Ledger as a validator, signaling institutional confidence in its ecosystem.
Technical analysis shows strong upside potential for OM, with key resistance levels at $3.68, $3.89, and $3.98. A break above $3.68 could trigger increased momentum toward these higher targets.
On the other hand, support at $3.567 is fundamental for Mantra to maintain good momentum. If that support is lost, it could spark a downtrend, pushing the OM price down as the competition with other RWA altcoins intensifies.
Animecoin (ANIME)
ANIME is the native token of anime.xyz, a project backed by Azuki, one of the most successful NFT collections during the previous bull market. The platform aims to “revolutionize anime fandom by creating a decentralized creative network for its billion-strong global community“.
Despite significant initial
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Author: Tiago Amaral