MANTRA ( $OM ) is currently trading around $0.45, with a market cap of approximately $415-$428 million, down significantly from its all-time high of $9.00 in February 2025, reflecting a -95% drop. Over the past 24 hours, OM has seen a slight decline of 1-3%, with trading volume ranging from $25M to $570M across exchanges. The token experienced a dramatic 92% crash on April 13, 2025, due to forced liquidations, leading to a market cap loss of over $6 billion.
Despite this, recently you can see a potential recovery, with technical indicators like a bullish symmetrical triangle and a falling wedge on the 15-minute chart, alongside fundamentals such as a VARA license, KYC infrastructure, and partnerships with DAMAC and MAG.
However, OM remains volatile, with bearish signals on longer timeframes and a 93.5% decline over the past 30 days, suggesting caution for investors despite optimistic forecasts targeting $2 by year-end.
#om
"Balancing Passion and Business as a KOL" — Key Insights from @YGGPlaySummit
Ever wonder how top gaming influencers balance authenticity with business opportunities? Our recent panel unveiled the secrets behind successful KOL partnerships in Web3 gaming!
🎤 Moderated by industry veteran Jayvee Fernandez from @PhilstarNews, our panel featured renowned KOLs @WolvesDAO co-founder @SamSteffanina, @GamingGridx co-founder @yellowpantherx, and @ParallelTCG Ambassador @Alliestrasza sharing their invaluable insights.
5 Key Takeaways:
1️⃣ Strategic Alignment Is Everything
The most powerful partnerships happen when KOLs' authentic interests match a game's vision. Don't force collaborations that don't feel natural.
2️⃣ Authenticity Drives True Engagement
The panel unanimously agreed: genuine passion for a game creates content that resonates. The most influential voices often emerge organically from dedicated community members who truly love what they play.
3️⃣ Leverage Your Unique Strengths
Different KOLs excel in different areas, some connect brilliantly with hardcore gamers, others with investors or casual players. Understanding your specific influence helps you provide real value.
4️⃣ Focus on Measurable Objectives
Successful KOLs understand the metrics that matter to games (DAUs, floor prices, community growth). This awareness transforms influencers from content creators into strategic partners.
5️⃣ Preserve Creative Independence
Maintaining your authentic voice while supporting projects you believe in creates the most meaningful impact.
These insights echo findings from our "Perspectives in Play" report on how Web3 is revolutionizing content creation and influencer partnerships.
👉 Read more here:
Today $BTC is hovering near $104,099.79, with a market cap of approximately $2.07 trillion. It has shown bullish momentum, with a weekly chart displaying a bullish engulfing pattern, suggesting potential for further upward movement. Technical indicators like the Relative Strength Index (RSI) at 77.05 indicate an overbought market, which could signal a short-term pullback, but the overall sentiment remains positive with a Fear & Greed Index at 70 (Greed).
Over the past week, BTC has risen by about 10%, reclaiming levels above $99,000 and testing $100,000 multiple times since early May. The 50-day and 200-day simple moving averages (SMAs) are trending upward, supporting a bullish medium- and long-term outlook.
Short-term forecasts suggest BTC could reach $117,159 by June 10, 2025, with some analysts projecting a high of $127,512 by mid-May if bullish trends persist. Long-term predictions for 2025 range from $120,000 to $200,000, driven by ETF flows, supply tightening from the April 2024 halving, and potential regulatory clarity under a crypto-friendly U.S. administration.
{spot}(BTCUSDT)
ICON announces rebranding to SODAX
#ICON $ICX has rebranded to #SODAX #SODA and is transitioning its #DeFi infrastructure to the #Sonic network. $ICX holders will be able to migrate to $SODA at a 1:1 ratio, a new governance and utility token with a 1.5B fixed supply cap, 50% reduction in emissions, and a 2x increase for the enshrine & burn mechanism.
SODAX enables seamless swaps, lending, and borrowing across over 12 chains using intent-based execution, protocol-owned liquidity, and a composable SDK.
👉 cointelegraph.com/press-releases/icon-project-rebrands-as-sodax-migrating-de-fi-infrastructure-to-sonic
A prominent crypto whale has drawn attention by opening a long position on #XRP with $12 million.
According to data from blockchain analytics firm Lookonchain, the whale first capitalized on Ethereum’s early May 2025 rally, securing over $10 million in unrealized gains. However, the focus shifted to XRP, as the same entity recently initiated a long, $12 million leveraged position in the asset.
This XRP bet, placed just hours before Lookonchain’s update on May 12, 2025, accumulated over $260,000 in paper profits.
Gains on Ethereum Set Stage for XRP Long
The whale’s Ethereum strategy unfolded early in the rally, as ETH climbed from around $1,800 to above $2,500 within less than a week. By May 11, Lookonchain confirmed that the trader’s long ETH position had yielded a substantial unrealized profit of more than $10 million.
This successful execution appears to have laid the groundwork for the next strategic step. Now, the same whale shifted focus to XRP, opening a 2x leveraged position valued at nearly $12 million.
This XRP position has quickly become profitable. Within eight hours, the trade was already up by $261,000. Over the past seven days, XRP posted an over 10% increase, moving from $2.1 to $2.4.
Anticipating XRP’s explosive Rally
Essentially, this positioning suggests this entity is anticipating XRP’s explosive growth, as the coin has yet to capitalize on the ongoing bull momentum in the market.
Despite a modest price increase of over 11% in the past week, XRP has remained relatively subdued compared to earlier market surges. Recall, XRP saw a strong rally that peaked in January 2025, briefly pushing its price above the $3 mark. Following that high, the asset entered a corrective phase, even slipping below the $2 threshold around April.
#Crypto