Korean crypto exchange Bithumb announced that it will list MANTRA (OM) and Humanity Protocol (H) tokens on July 3, 2025, at 7:30 PM.
As per the official announcement, both the tokens will be available to trade with Korean won (KRW). Mantra will open trading at 290 KRW, while Humanity Protocol launches at 93.81 KRW. The exchange will apply five-minute buy and sell restrictions to ensure market stability. This listing could reignite interest in OM following its devastating April crash.
On April 13, MANTRA (OM) dropped from $6.32 to $0.49, recording a dramatic drop of 90% in minutes. The primary reason behind OM’s price crash was alleged transfer of massive team tokens holdings, which fueled a large sell-off, later joined by established crypto exchanges. On the other side, the selloff of OM flooded the market, which was already fragile.
At the time of writing, OM price is trading at $0.2214, with a 24-hour trading volume of $87 million and a 11.51% increase over the past day. For the Bithumb listing to see more growth, it needs to tackle issues like concentrated holdings, a low market cap, and limited adoption.Â
Mantra is a layer-1 blockchain that focuses on tokenizing real-world assets. It’s designed to help institutions turn things like real estate, bonds, and equity into digital tokens. Plus, it offers tools for managing and trading these assets right on the blockchain. If adoption picks up, this mission could draw in long-term investors.
The crash in April highlighted some serious structural issues. The market’s heavy dependence on leverage and its low liquidity triggered automatic sell-offs. So, for any real recovery to happen, more people need to get involved in the market and embrace it.
Also read: South Korea’s Upbit Adds MOODENG with KRW, BTC, USDT Trading Pairs
