When the facts change, I have to change my mind, lest be caught in some sort of homegrown dogma that will hurt us all. That's how I feel about a phrase that has withstood all sorts of markets but I fear may have finally lost its usefulness: "own it, don't trade it.
What's fueling the buzz behind SHIB and OM this week? Shiba Inu (SHIB) price analysis shows the token testing $0.000012, with whales and retail users stacking up trillions of tokens. Over on the RWA side, Mantra (OM) Price Forecast is looking strong after a $1B tokenization deal and a Google Cloud validator partnership.
Is Mantra's RWA-centered Layer-1 chain still poised for long-term growth despite the annihilated market value?
Even after a sharp cooldown, the meme coin sector refuses to die quietly. With Fartcoin (CRYPTO: FARTCOIN) in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.
Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13.An April 16 announcement titled “Statement of Events: 13 April 2025” reiterates that the crash did not involve any token sales by the project itself, and the Mantra team remains fully functional and continues investigating the incident. Although Mantra CEO John Mullin previously said that the team was preparing a post-mortem, the new statement offered few new details about the reasons behind the rapid movement of OM tokens to exchanges and the subsequent liquidation cascade.
Shiba Inu price is consolidating within the range lows amid a lack of buying momentum. However, the meme coin's consolidation is happening within a bullish pattern, with a breakout suggesting that the price may be poised for a 17x surge to $0.0002.
The Mantra (OM) token price has surged after founder JP Mullin announced plans for a massive token burn. Mullin clarified that he intends to burn his personal team token allocation and implement a “comprehensive burn program for other parts of the OM supply.
Real-world asset project Mantra plans to create a comprehensive burn program for its OM token, CEO John Mullin said in an X post Wednesday.
PEPE is up by double-digits in the past week.
The Mantra (OM) token is under intense scrutiny after its recent 90% crash, and technical patterns suggest the pain may not be over yet. As of April 16, 2025, OM is forming a textbook bear pennant structure, a bearish continuation pattern that could result in another massive leg down.
After suffering a historic price collapse, Mantra's OM is making a remarkable comeback. The altcoin plunged over 90% on April 13, falling from $6.30 to under $0.50 in hours.
John Patrick Mullin, co-founder and CEO of Mantra, claims he'll burn his OM after the token's Sunday crash.
SHIB and XRP are both testing historically significant support zones, with technical indicators hinting at a potential shift in momentum as traders watch for key breakout levels to confirm a trend reversal. Shiba Inu (SHIB) is currently trading at $0.
John Mullin, CEO of Mantra (OM) announced readiness to burn his share of the team allocation. He also hopes for a wider OM burn program to boost the token's value and repair the project's reputation.
Shiba Inu (CRYPTO: SHIB) is seeing a significant uptick in on-chain activity and surging burn rates even as prices consolidate. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001163 $6.9 billion -2.9% +6.2% Dogecoin (CRYPTO: DOGE) $0.1534 $22.8 billion -4.07% -5% Pepe (CRYPTO: PEPE) $0.057127 $2.99 billion -3.2% -12.4% Trader Notes: Crypto trader Javon Marks remains bullish, stating that SHIB's first major breakout target sits over 550% higher at $0.000081.
Mantra CEO John Mullin has recently announced plans to burn all the team-held tokens to rebuild trust with the community after the Mantra (OM) token came crashing down, similar to the Terra Luna Crash, on April 13.
Although Shiba Inu may be having trouble on the price chart, a significant change in its on-chain behavior might indicate a possible recovery. A notable increase in important whale-related metrics could indicate that large holders are once again interested even though market performance has been weak.
Following a major collapse, Mantra (OM) has surged 30% in a day, fueled by a token burn proposal from its CEO.
Shiba Inu stagnates under pressure, its fall is imminent. Bitcoin absorbs investors, and SHIB, with its anemic volume, could lose a zero in value if no change occurs.
MANTRA's OM token rebounds 30% after a 90% crash as CEO pledges personal token burn and announces buyback plans to rebuild trust.
Pi Network's price falls 17% as community demands transparency after Mantra's collapse, with analysts warning of further drops without improved tokenomics and exchange listings.
SHIB could decline by 30% if it fails to break above the upper boundary of the descending channel pattern.
Pi Network price is under heavy selling pressure today, April 16, as the community draws similarities between the project and the recent wrangles around Mantra (OM). The Pi Coin community now believes that the project can only avoid a similar fate by adopting transparency, which would secure listings on major exchanges like Binance and Coinbase.
Mantra is facing heightened scrutiny after its native token OM crashed over 90%, prompting CEO John Mullin to propose burning team tokens as TVL surged 500%.
The great OM turnaround? Mantra CEO's token sacrifice sparks rally but long-term trust rebuilding just begins.
In response to the recent Mantra (OM) crypto collapse, CEO John Patrick Mullin has proposed burning the team's OM tokens to restore investor confidence.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
JP Mullin, CEO of Mantra, said he plans to burn his entire 772,000 OM token allocation in response to criticism over the project's recent collapse and insider activity allegations.
Mantra CEO John Mullin said he is planning to burn all of his team's tokens in order to win back the trust of the network's community following the sudden collapse of the Mantra (OM) token on April 13.“I'm planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back,” Mullin posted to X on April 16.
Shiba Inu (SHIB) is back in the spotlight following a surge in whale activity, hinting at a potential trend reversal. In the past 48 hours, over 160 billion SHIB tokens have flowed into the asset, signaling renewed accumulation by large holders.
Shiba Inu (SHIB) has seen a massive spike in daily volume, reaching a total of 224 billion SHIB within 24 hours. This surge has attracted attention due to its connection with a significant rise in whale activity.
Mantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after the protocol's native token suffered a sharp collapse. Mullin said his tokens, part of a broader 300 million OM allocation earmarked for the team, are subject to a cliff until April 2027.
Project co-founder John Patrick Mullin promised to share a "post-mortem report detailing the events" that caused MANTRA's token to collapse.
Cardano creator Charles Hoskinson has weighed in on the recent dramatic collapse of trendy real-world asset upstart Mantra's OM token, underscoring ADA's stability over the years amid serious concerns of a major hack or rug pull in the Mantra ecosystem.
Shiba Inu's badge of honor: Shibarium wants to reward users for participating in Web3 activities via Karma points.
The total-value-locked (TVL) on Mantra's RWA blockchain protocol reached a yearly high despite OM's 90% price crash.Mantra TVL surges 500% following OM's crash As of April 15, Mantra's TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama. Mantra's cumulative TVL chart.
Fartcoin (CRYPTO: FARTCOIN) continues to surge, with a 57% over the past week and traders anticipating the rebound rally to last. What Happened: Crypto trader CRG points out that Fartcoin has now tested its yearly open six times without a decisive breakout.
Mantra, a popular real-world asset tokenization coin that collapsed by over 90% in 24 hours, bounced back after a statement by the founder and as investors bought the dip.
Mantra (OM) token experienced a catastrophic DeFi collapse on April 13, losing 90% of its value and erasing $6 billion in market cap. Despite no confirmed hack, large token movements before the crashed raised suspicions of insider trading. Analyst Jean Rausis warned about overhyped Layer 1 blockchains suggesting a return to fundamentals like Ethereum. The post Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst appeared first on Cryptonews.
Mantra's collapse showcases the looming liquidity issues that could be a risk for many more smaller tokens.
Shiba Inu (SHIB) has registered large transactions in the ecosystem, recording a leap of 173% within the last 24 hours. According to IntoTheBlock data, SHIB has recorded increased transactions as whale traders move SHIB amid the dynamic market trend.
The cryptocurrency market remained subdued on Friday, struggling to sustain momentum despite a brief recovery earlier in the week. Bitcoin struggled to hold above the $85,000 mark. The global cryptocurrency market cap stands at $2.69 trillion, down 0.93% in the past 24 hours. Total market volume over the same period fell 11.05% to $79.
Dog-themed cryptocurrency Shiba Inu (SHIB) has just seen a surge in large holder inflows in the last 24 hours, according to data from IntoTheBlock.
The cryptocurrency project Mantra is coming under increasing suspicion after its OM token shed 90% of its value within a single day. The value dropped from $6.27 to only $0.72, erasing more than $5 billion in market value.
Bears are back as most of the coins are in the red zone, according to CoinStats.
Shiba Inu developers are ushering in a new phase with the launch of Karma, a trust-scoring system designed to evaluate user activity across its decentralized ecosystem. Shadowhunter, one of the projects developers, recently appeared on a podcast to discuss the new system, highlighting its pivotal role in the Shiba Inu DAO and broader dApp landscape.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Shiba Inu price has failed to register significant gains in the last two months, which has caused a decline in the number of daily active addresses to a one-year low. This drop shows that the level of market interest in SHIB is waning.