Mantra(OM) Crashes Below $0.50: What's Happening & Can It Recover?
➡️ Big Whale Dump Triggers Panic
✔ A large holder (whale) sent 2 million OM to Binance — worth $871K
✔ This whale took a $25 million loss, showing extreme panic selling
✔ Just 6 weeks ago, the same whale withdrew 4M OM worth $27M — now they’ve sold at a much lower price
✔ This kind of move usually shakes the market, especially for smaller coins 📉 Price Falls Below $0.50 — Is the Worst Over?
✔ OM is now trading at $0.4152, dropping nearly 5% in a day
✔ It recently broke down from a falling channel pattern — a bearish chart signal
✔ The chart also shows a long wick down, which often means panic or forced selling
✔ RSI = 17.2, which means the token is very oversold (could bounce, but risky)
✔ MACD is starting to flatten — showing that the heavy selling might be slowing down
⚠️ On-Chain Data Shows Weak Fundamentals
Here’s what blockchain data says about OM right now:
✔ Low network growth — very few new users joining (0.69%)
✔ Almost all holders are at a loss — only -2.13% in profit
✔ Whales are leaving — large holder concentration is down 0.05%
✔ Big transactions are slowing — dropped by 11.29%, showing less whale activity 📊 Value Metrics: Is OM Undervalued or Still Risky?
✔ MVRV Z-score = -2.36 • This shows OM is in deep loss territory • In the past, this has been a bottom signal — but only if new buyers step in
✔ NVT Ratio = 26.37 • A high number means the price is too high compared to real activity on the blockchain • This shows OM might be overvalued for now
✔ Stock-to-Flow = 0.834 • Lower number = more OM circulating • This means OM is currently seen as less scarce, which may hurt long-term price
🤔 What Does It All Mean for OM
✔ OM is in a painful phase, with whales exiting and weak user growth
✔ A small bounce may happen because the token is oversold
✔ But for a real recovery, OM needs:
• More users • Better fundamentals • Strong use cases or token burns
#AirdropSafetyGuide AirdropSafetyGuide Current Price: SUI: $3.7024 (+8.16%) The crypto community is watching closely as over 500 million SUI tokens — around 21.7% of total supply — are set to be unlocked this May. This significant event has already triggered large movements of SUI from big holders (“whales”) to exchanges, raising concerns about a possible sell-off in the coming weeks. What’s Behind the Unlock? The SUI team has confirmed that these token unlocks were fully planned and part of the original project roadmap. There are no surprise releases, and all token allocations remain transparent and on schedule. Still, such a large release of tokens into the circulating supply naturally brings market volatility. Price Action: Strong Recovery in Recent Weeks Despite earlier weakness, SUI has staged an impressive comeback. After dropping from a high of $5.30 in January to $1.70 in April, the token has more than doubled to $3.40 as of this week. Bitcoin’s broader rally played a role, but SUI’s expanding ecosystem and growing adoption have also fueled renewed investor interest. Caution for Investors: Stay Vigilant With excitement building around the upcoming unlock, scammers have started circulating fake airdrops and phishing links targeting SUI holders. Investors are urged to only engage with official SUI channels to avoid falling victim to fraud. Key Takeaways