
Olympus Prediction
About Olympus (OHM)
Olympus (OHM) is a treasury-backed DeFi governance token on Ethereum with a $266.7M market cap, operating through its Range Bound Stability mechanism. The token faces significant headwinds with persistent holder attrition (-1.8% monthly) and extreme supply concentration where the top 10 holders control 99% of tokens. While the treasury backing provides fundamental value support, current trading dynamics show clear distribution patterns with sell pressure dominating at 61.1% of volume.
Current price: $17.05
Market cap: $266.72M
Liquidity: $9.74M
Holders: 8.4K
Olympus Price Prediction
OHM is experiencing consistent selling pressure with 61.1% sell volume dominance and a -1.76% decline over 24 hours. The negative holder growth (-11 in 24h) combined with sell transactions outnumbering buys (57 vs 38) suggests continued downward pressure in the immediate term.
The treasury-backed nature of OHM provides a fundamental floor, but persistent holder attrition (-1.8% over 30 days) and extreme supply concentration (99% held by top 10) create uncertainty. Range Bound Stability mechanism may help stabilize price, but organic demand growth appears limited.