- Altcoin Mantra (OM) set a new ATH at $5 earlier today.
- The asset has pumped 123x and over 12,252% this so far bull cycle.
- Bullish altcoin action indicates a possible start for altseason peak.
As the price of Bitcoin continues its slow yet bullish sideways movement, analysts expect to see new ATHs soon, possibly starting with a $120,000 ATH target. Presently, BTC price is at $104,000, just a few numbers away from its latest ATH of $109,114.88. As analysts and traders patiently await Bitcoin’s next leg up, sights are being shifted to altcoins instead.
Altseason Peak Phase Already Underway?
Expectations for altcoins were already high this Q1 as every Q1 so far following a Bitcoin Halving year has led to the start of the peak of that cycle’s altseason. With the same timeline playing out now, analysts are anticipating a string of new ATHs for certain altcoins and parabolic surges for others.
So far, many altcoins have already gone on to set new ATHs like SUI and ONDO while others are simply showing incredibly high bullish indicators hinting at significant pumps in the coming weeks. Presently, another bullish altcoin has just set a new ATH and this altcoin is Mantra (OM). This asset just set a new ATH of $5.
Mantra (OM) Sets New ATH at $5
According to CoinMarketCap analytics, OM price is currently at $4.77, a short dip from its latest ATH of $5 but still up by over 37% in the last 24 hours. The altcoin is boating a total market cap of $4,587,354,469.67 and a 24-hour trading volume of $385,834,823.29. As we can see from the post above, it looks like OM has made a pump of over 123x and 12,252% so far this cycle.
