The MANTRA (OM) token suffered a catastrophic price collapse on April 13, plummeting over 90% in under an hour and wiping out more than $5.5 billion in market capitalization.

Unchecked CEX actions risk market stability, highlighting the need for oversight to protect projects and investors from sudden dislocations. The post MANTRA co-founder says forced liquidations triggered OM token's 90% crash appeared first on Crypto Briefing.

The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value.

The Mantra team has addressed the crypto community following the Mantra (OM) token price crash of over 80% in the last 24 hours. Despite the statement, the community is still concerned that this might have been a rug pull by the team, which controls a huge amount of the token's total supply.

Mantra (OM) cryptocurrency plummets as team allegedly dumps tokens and deletes official communication channels. Market cap destruction reaches billions as investors scramble for answers.

Mantra, known as the second real-world asset token after Chainlink, nosedived over 90% over the past 24 hours. Here's what we know.

The OM token's crash highlights the volatility and trust issues in crypto markets, potentially affecting investor confidence and project credibility. The post MANTRA's OM token crashes over 90%, team rejects dumping claims appeared first on Crypto Briefing.

The sudden collapse of the token has reignited allegations that the Hong Kong-based team controls a large portion of the token's circulating supply.

Real-world asset token MANTRA (OM) lost 98% of its value today, and more than $6 billion vanished from its market cap in under 60 minutes, per data from CoinMarketCap. The crash took OM from nearly $6 to just $0.57 before most people even realized what was going on.

Update (4.13.2025 22:02:20): This article has been updated to provide updates from the Mantra teamThe price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours. On April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap.

The price of Avalanche (AVAX) is trading at the bottom of the chart as it has touched the $15 support twice.

The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.

Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.

Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.

Balancer has deployed its v3 protocol on Avalanche, marking another expansion into one of the fastest-growing DeFi ecosystems.

The Real World Asset tokenization industry is growing, attracting major players like Franklin Templeton, BlackRock, and Blackstone. Cryptocurrencies in the space have performed well over the past few months, with their total market capitalization soaring to over $30 billion.

The SEC is set to list the VanEck Avalanche Trust, a new spot ETF. It would give investors exposure to the AVAX token without needing to buy or store it directly.

According to a document submitted on Thursday to the Securities and Exchange Commission (SEC), Nasdaq has requested a regulatory amendment to allow the listing of VanEck's Avalanche ETF. This request represents the latest step in a series of similar initiatives featuring some of the leading fund management companies, aiming to ride the wave of growing interest in alternative digital assets to Bitcoin and Ethereum.

The VanEck Avalanche ETF is one of a slew of funds proposed in recent months to track altcoins.

Avalanche (AVAX) soared to an intraday high of $18.75 after news of Nasdaq filing to list the VanEck Avalanche ETF, but it had pulled back to $17.73 at press time. While the price surge sparked excitement among crypto enthusiasts, the correction has raised questions about whether AVAX can breach the $20 mark.

Nasdaq filed a 19b-4 form on behalf of VanEck to list an eventual Avalanche (AVAX) ETF. The VanEck Avalanche ETF was filed in March, along with a proposal from Grayscale.

Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff's pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry.

TL;DR Nasdaq has officially submitted an application to the SEC to list VanEck's proposed Avalanche ETF, offering regulated exposure to the AVAX token without direct purchase. VanEck continues to expand its crypto ETF portfolio, adding Avalanche to its prior filings for Bitcoin, Ethereum, and Solana.

American stock exchange Nasdaq has filed an application with the United States Securities and Exchange Commission (SEC) to list and trade shares of the VanEck Avalanche Trust, a proposed exchange-traded fund (ETF) designed to offer indirect exposure to the AVAX token.The filing, signed by Nasdaq's executive vice president and chief legal officer John Zecca, requests approval to list and trade shares of the VanEck Avalanche ETF under the company's Rule 5711(d), which governs the trading of commodity-based trust shares. If approved, the VanEck Avalanche ETF would allow investors to gain exposure to the price of Avalanche (AVAX) without directly holding them.

The volume profile tool highlighted the key AVAX support levels for investors to keep an eye on.

MANTRA Chain has launched the a $108.8 million investment fund to support high-potential blockchain projects focused on real-world asset tokenization. Blockchain Revolutionizes Finance MANTRA Chain has announced the launch of the MANTRA Ecosystem Fund (MEF), a $108.8 million investment initiative designed to accelerate the growth and adoption of projects within the MANTRA ecosystem.

Ondo (ONDO), Parcl (PRCL), Mantra (OM), OriginTrail (TRAC), and Clearpool (CPOOL) are five RWA altcoins worth keeping an eye on in April 2025.

Dogecoin's rise has left it still 9.8% lower than it was this time last week and DOGE is trailing its price from last month by 16.4%.

Former Australian Air Force pilot John-Paul Thorbjornsen, also known as JP Thor, has been promoting his new crypto wallet, Vultisig, which runs on THORChain a decentralized network he founded to enable cross-chain swaps without intermediaries. Marketed as more secure than other wallets, Vultisig has recently seen a spike in usage alongside THORChain.

Researchers say North Korea used THORChain to launder $1.2 billion following the biggest-ever crypto heist.

MANTRA is planning to launch a $108,888,888 Ecosystem Fund to drive RWA innovation over the next four years and help accelerate projects in MANTRA's blockchain ecosystem.

TL;DR Mantra has launched the Mantra Ecosystem Fund (MEF) with $108,888,888 aimed at accelerating the growth of DeFi and real-world asset (RWA) tokenization projects. The fund will operate with an “open-arms” policy, supporting startups at any development stage over the next four years.

The MANTRA Ecosystem Fund will deploy capital over four years to bridge traditional finance and DeFi through real-world asset tokenization.

The Mantra blockchain network has announced the establishment of a $108,888,888 ecosystem fund.

MANTRA is launching a $108 million fund to support startups focused on improving RWA tokenization, a key use case for crypto.

The MANTRA blockchain ecosystem takes a bold step towards the future of decentralized finance (DeFi), announcing the launch of a $108 million fund entirely dedicated to the tokenization of real-world assets (RWA – Real World Assets). The fund will be allocated to start-ups operating in the DeFi and tokenization sectors, with a particular focus on emerging projects in markets in Southeast Asia and the Middle East.

MANTRA MEF Fund:- The Web3 landscape has witnessed a notable rise in real-world assets moving on-chain and the coming up of startups focused on bringing innovation in RWA tokenization. According to Tracxn's report, as of January 2025, there are 412 asset tokenization startups, with 179 receiving funding and 41 securing Series A or higher rounds.

MANTRA Ecosystem Fund (MEF) is a $108 million investment initiative aimed at fostering the growth and adoption of real-world asset The post Layer 1 Blockchain MANTRA Launches $108M Fund to Foster RWA Adoption appeared first on Cryptonews.

The Mantra blockchain network has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), amid rising demand for stable, asset-backed digital products.Mantra, a layer-1 (L1) blockchain built for tokenized RWAs, launched the Mantra Ecosystem Fund (MEF) to accelerate the growth and adoption of projects and startups building on its network, according to an April 7 announcement shared with Cointelegraph. Mantra said it will deploy the capital over the next four years among “high-potential blockchain projects” worldwide, with investment opportunities sourced through Mantra's network of partners.

The price of Avalanche (AVAX) is declining and trending sideways. Price analysis by Coinidol.com.

Avalanche (AVAX) price has been unable to reclaim the $20.00 support level after falling through it in the recent correction. The altcoin is now trading well below that key mark despite a noticeable decline in selling pressure.

After a sharp correction, RWA tokens are finally hitting critical support zones—making April 2025 a potential turning point. What are RWA tokens, why they matter, and which top 5 RWA tokens investors are eyeing right now.

Cryptocurrency trader Ali Martinez believes Dogecoin (DOGE) is at a critical level that could determine its price direction over the near term. Martinez tells his 134,800 followers on the social media platform X that Dogecoin is at a “make-or-break level” of around $0.16.

AVAX gains institutional confidence as it challenges Ethereum's dominance with real adoption.

Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029. The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals.

TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.

What if one of the largest banking groups bet on an outsider rather than the king of the market? In a report that shakes up certainties, Standard Chartered identifies Avalanche (AVAX) as the token to watch by 2029, with an expected performance surpassing that of bitcoin.

The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.