Apurbo Kumar
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what happened
The recent sharp decline in $OM's price—from approximately $6 to $1—can be attributed to significant changes in its tokenomics, as officially announced by MANTRA.
What Changed? $OM
To support the launch of the MANTRA Chain mainnet, the project introduced a new tokenomics model that includes:
Doubling the Token Supply: An additional 888,888,888 OM tokens were minted, increasing the total supply to 1.78 billion OM.
Transition to an Uncapped Inflationary Model: Moving away from a fixed supply, OM adopted an uncapped inflationary approach to provide flexibility for future growth and ecosystem incentives.
Overview | MANTRA Chain
New Allocations: The newly minted tokens are allocated to various purposes, including:
OM Upgrade: Rewards for existing stakers.
Genesis Airdrop & Incentivized Testnet: Tokens to promote MANTRA Chain’s usage and attract community participation.
Core Contributors: Incentives for team members, investors, advisors, and active contributors. Mantra
📉 Why Did the Price Crash?
The sudden increase in token supply led to immediate market reactions:
Dilution of Existing Holdings: Doubling the supply reduced the value of existing tokens, leading to a sell-off.
Market Uncertainty: The shift to an inflationary model introduced uncertainty about future token value, prompting further selling.
Unlocking Events: Upcoming token unlocks, such as the 7.07 million OM scheduled for April 18, 2025, may have contributed to selling pressure. CryptoRank
🛡️ Binance's Warning
In response to these changes, Binance issued a warning on the $OM trading pair, highlighting the significant alterations to its tokenomics and the substantial increase in token supply.
What Changed? $OM
To support the launch of the MANTRA Chain mainnet, the project introduced a new tokenomics model that includes:
Doubling the Token Supply: An additional 888,888,888 OM tokens were minted, increasing the total supply to 1.78 billion OM.
Transition to an Uncapped Inflationary Model: Moving away from a fixed supply, OM adopted an uncapped inflationary approach to provide flexibility for future growth and ecosystem incentives.
Overview | MANTRA Chain
New Allocations: The newly minted tokens are allocated to various purposes, including:
OM Upgrade: Rewards for existing stakers.
Genesis Airdrop & Incentivized Testnet: Tokens to promote MANTRA Chain’s usage and attract community participation.
Core Contributors: Incentives for team members, investors, advisors, and active contributors. Mantra
📉 Why Did the Price Crash?
The sudden increase in token supply led to immediate market reactions:
Dilution of Existing Holdings: Doubling the supply reduced the value of existing tokens, leading to a sell-off.
Market Uncertainty: The shift to an inflationary model introduced uncertainty about future token value, prompting further selling.
Unlocking Events: Upcoming token unlocks, such as the 7.07 million OM scheduled for April 18, 2025, may have contributed to selling pressure. CryptoRank
🛡️ Binance's Warning
In response to these changes, Binance issued a warning on the $OM trading pair, highlighting the significant alterations to its tokenomics and the substantial increase in token supply.
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#Om
#GasFeeImpact Since Trump took office in the United States of America, he began to narrate his thoughts about the year from his own point of view, which turned the world upside down. This has affected digital currencies, especially XRP, which has witnessed a rise, which also came with the gasFee impact, which may reach a price of $20
#WalletActivityInsights LTC What Network Data Shows About Crypto Trends
Tracking wallet activity can provide key insights into market trends for major cryptocurrencies. Here’s what the latest data shows:
Bitcoin (BTC): Rising whale accumulation signals long-term confidence, while exchange outflows point to holding sentiment.
Ethereum (ETH): Increased ETH 2.0 staking activity reduces supply, potentially fueling bullish momentum.
Litecoin (LTC): Higher wallet movements amid LitecoinETF speculation indicate growing investor interest.
Solana (SOL): Surge in active addresses and DeFi transactions indicates strong network engagement.
Network activity often precedes price action. Which assets are showing the most signs of growth? Stay tuned for more
Tracking wallet activity can provide key insights into market trends for major cryptocurrencies. Here’s what the latest data shows:
Bitcoin (BTC): Rising whale accumulation signals long-term confidence, while exchange outflows point to holding sentiment.
Ethereum (ETH): Increased ETH 2.0 staking activity reduces supply, potentially fueling bullish momentum.
Litecoin (LTC): Higher wallet movements amid LitecoinETF speculation indicate growing investor interest.
Solana (SOL): Surge in active addresses and DeFi transactions indicates strong network engagement.
Network activity often precedes price action. Which assets are showing the most signs of growth? Stay tuned for more
$LTC What Network Data Shows About Crypto Trends
Tracking wallet activity can provide key insights into market trends for major cryptocurrencies. Here’s what the latest data shows:
Bitcoin (BTC): Rising whale accumulation signals long-term confidence, while exchange outflows point to holding sentiment.
Ethereum (ETH): Increased ETH 2.0 staking activity reduces supply, potentially fueling bullish momentum.
Litecoin (LTC): Higher wallet movements amid LitecoinETF speculation indicate growing investor interest.
Solana (SOL): Surge in active addresses and DeFi transactions indicates strong network engagement.
Network activity often precedes price action. Which assets are showing the most signs of growth? Stay tuned for more
Tracking wallet activity can provide key insights into market trends for major cryptocurrencies. Here’s what the latest data shows:
Bitcoin (BTC): Rising whale accumulation signals long-term confidence, while exchange outflows point to holding sentiment.
Ethereum (ETH): Increased ETH 2.0 staking activity reduces supply, potentially fueling bullish momentum.
Litecoin (LTC): Higher wallet movements amid LitecoinETF speculation indicate growing investor interest.
Solana (SOL): Surge in active addresses and DeFi transactions indicates strong network engagement.
Network activity often precedes price action. Which assets are showing the most signs of growth? Stay tuned for more
#MarketSentimentWatch Market sentiment plays a crucial role in shaping the direction of cryptocurrency prices. By analyzing factors such as news, social media trends, and investor behavior, we can gauge whether the market is in a bullish or bearish mood. Currently, sentiment appears to be mixed, with some investors feeling cautious due to macroeconomic factors while others are optimistic about technological advancements and adoption. Staying informed and keeping an eye on market sentiment can help you make better trading decisions. Always remember to consider multiple factors before acting on market movements.
#TokenMovementSignals is exhibiting a bullish flag pattern on Binance. After a strong upward surge, the price has consolidated around $0.80, forming a narrow channel that acts as the “flag.” This consolidation suggests that buyers are pausing before potentially resuming the previous rally.
#ActiveUserImpact The number of active users on a blockchain network plays a crucial role in its overall growth and adoption. A surge in active users often indicates increased transaction volume, higher network engagement, and potential price appreciation for the native token
#PriceTrendAnalysis XRP is currently trading at $2.57, down 4% on the day after facing resistance at $2.86. The price action suggests ongoing consolidation as traders assess the next move. Despite the pullback, increasing trading volume indicates growing interest and the potential for a breakout. Bulls are aiming for a push toward the key psychological level of $3, which, if breached, could open the door for further gains. On the downside, bears are closely watching the $2.50 support level, which has been a crucial zone for holding price stability. If this support breaks, XRP could see further declines, potentially testing lower levels. As market sentiment remains mixed, traders are keeping a close eye on volume dynamics and technical indicators for clearer signals on XRP’s next major move.
#OnChainInsights On-chain insights refer to the analysis of data and metrics derived directly from a blockchain network. This data provides a transparent and tamper-proof record of all transactions, allowing analysts to gain valuable insights into market trends, network activity, and user behavior. On-chain insights can help investors, researchers, and traders make informed decisions by providing metrics such as transaction volume, wallet balances, and network congestion. This data-driven approach enables a deeper understanding of the blockchain ecosystem and its underlying dynamics. Accurate and actionable insights are essential for navigating the crypto market.
#LitecoinETF yet, but I always think LTC will definitely have one. ETF approval status is gradually reaching a high probability of 90%. Currently,
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