Binance Square

Antasz

12 Following
82 Followers
101 Liked
13 Shared
All Content
--
Indicator That Predicted Pepe Past Moves Is Now Flashing a Sell SignalDO YOUR OWN RESEARCH BEFORE INVESTING…THIS IS NOT A FINANCIAL ADVICE…!!! Over the past two weeks, Pepe (PEPE) surged nearly 100%, drawing renewed attention from traders hoping to ride the hype. But that excitement might be cooling off. The price is now hovering around $0.00001360 after failing to break through strong resistance near $0.00001535. According to Ali Charts, one of the most reliable indicators for Pepe might be flashing a warning signal. TD Sequential Indicator Turns Bearish on Pepe Popular crypto analyst @ali_charts shared a chart showing the TD Sequential indicator on Pepe’s daily chart. This tool has historically been very accurate in predicting Pepe’s short-term moves. And now, it’s flashing a sell signal. The chart reveals a red “9” candle at the top of the recent rally: the same signal that preceded two earlier pullbacks. Ali pointed this out in his post on X: “The TD Sequential has been spot-on with $PEPE daily chart. And it’s now flashing a sell signal, suggesting a potential pullback ahead.” What makes this more interesting is how precise the indicator has been so far. In late April, it flagged a “9” just before Pepe dropped. Then it marked a green “1” at the bottom of that drop, right before the coin exploded upward again. Now, with another red “9” showing, many traders are taking this as a sign to be cautious. Technical Indicators Confirm Bearish Momentum for $PEPE Beyond the TD Sequential, data from Investing.com also backs up the bearish outlook. Multiple technical indicators are flashing sell signals on the daily chart. Let’s break down what each one is telling us: RSI (Relative Strength Index) 14: At 42.902, this suggests a sell. RSI measures whether a coin is overbought or oversold. Below 50 usually points to weakening momentum.Stochastic Oscillator (STOCH 9,6): Reading 39.783, also a sell. This indicator highlights potential trend reversals and currently leans bearish.MACD (Moving Average Convergence Divergence 12,26): Neutral at the moment, meaning there’s no strong signal either way. But it doesn’t counter the other bearish signs.Ultimate Oscillator: At 46.743, this is another sell. It blends multiple timeframes to give a broader view of buying pressure, which seems to be fading.ROC (Rate of Change): With a value of -3.94, this also points to a sell. ROC tracks the speed of price movement and a negative number means momentum is slipping. So, overall, most of these tools are lining up with the TD Sequential, hinting that Pepe’s recent run might be out of breath. What’s Next for Pepe Price? If the pullback continues, the next major support level to watch is around $0.00001077. That would be close to a 20% drop from current prices. It’s a level where buyers previously showed interest, so it could be a potential bounce zone if the selloff deepens. That doesn’t mean $PEPE is finished. Memecoins are known for their volatility and surprises. But right now, the technical side is clearly signaling caution. As always, it’s not just about hype, understanding the charts and indicators can make all the difference. And for Pepe, the message at the moment is clear: a cooldown might be just around the corner... THIS IS NOT A FINANCIAL ADVICE… DO YOUR OWN RESEARCH BEFORE INVESTING…

Indicator That Predicted Pepe Past Moves Is Now Flashing a Sell Signal

DO YOUR OWN RESEARCH BEFORE INVESTING…THIS IS NOT A FINANCIAL ADVICE…!!!
Over the past two weeks, Pepe (PEPE) surged nearly 100%, drawing renewed attention from traders hoping to ride the hype. But that excitement might be cooling off. The price is now hovering around $0.00001360 after failing to break through strong resistance near $0.00001535.
According to Ali Charts, one of the most reliable indicators for Pepe might be flashing a warning signal.
TD Sequential Indicator Turns Bearish on Pepe
Popular crypto analyst @ali_charts shared a chart showing the TD Sequential indicator on Pepe’s daily chart. This tool has historically been very accurate in predicting Pepe’s short-term moves. And now, it’s flashing a sell signal.

The chart reveals a red “9” candle at the top of the recent rally: the same signal that preceded two earlier pullbacks. Ali pointed this out in his post on X:
“The TD Sequential has been spot-on with $PEPE daily chart. And it’s now flashing a sell signal, suggesting a potential pullback ahead.”
What makes this more interesting is how precise the indicator has been so far. In late April, it flagged a “9” just before Pepe dropped. Then it marked a green “1” at the bottom of that drop, right before the coin exploded upward again. Now, with another red “9” showing, many traders are taking this as a sign to be cautious.
Technical Indicators Confirm Bearish Momentum for $PEPE
Beyond the TD Sequential, data from Investing.com also backs up the bearish outlook. Multiple technical indicators are flashing sell signals on the daily chart. Let’s break down what each one is telling us:
RSI (Relative Strength Index) 14: At 42.902, this suggests a sell. RSI measures whether a coin is overbought or oversold. Below 50 usually points to weakening momentum.Stochastic Oscillator (STOCH 9,6): Reading 39.783, also a sell. This indicator highlights potential trend reversals and currently leans bearish.MACD (Moving Average Convergence Divergence 12,26): Neutral at the moment, meaning there’s no strong signal either way. But it doesn’t counter the other bearish signs.Ultimate Oscillator: At 46.743, this is another sell. It blends multiple timeframes to give a broader view of buying pressure, which seems to be fading.ROC (Rate of Change): With a value of -3.94, this also points to a sell. ROC tracks the speed of price movement and a negative number means momentum is slipping.
So, overall, most of these tools are lining up with the TD Sequential, hinting that Pepe’s recent run might be out of breath.
What’s Next for Pepe Price?
If the pullback continues, the next major support level to watch is around $0.00001077. That would be close to a 20% drop from current prices. It’s a level where buyers previously showed interest, so it could be a potential bounce zone if the selloff deepens.

That doesn’t mean $PEPE is finished. Memecoins are known for their volatility and surprises. But right now, the technical side is clearly signaling caution.
As always, it’s not just about hype, understanding the charts and indicators can make all the difference. And for Pepe, the message at the moment is clear: a cooldown might be just around the corner...
THIS IS NOT A FINANCIAL ADVICE…
DO YOUR OWN RESEARCH BEFORE INVESTING…
Solana Rises as Meme Coin Rally and ETF Hopes Boost Market SentimentDO YOUR OWN RESEARCH BEFORE INVESTING IN THE CRYPTO MARKET.. Whales unstaked $50M in SOL but continue holding over $1.4B, showing long-term commitment to Solana.Meme coins on Solana more than doubled market cap, adding $9B in ecosystem value in just over a month.ETF filings from major firms raise expectations of multi-billion-dollar inflows pending SEC approval. Solana (SOL) traded around $177 on May 12, marking its highest level since early March. The move follows notable whale activity involving over $50 million worth of unstaked tokens. On-chain data shows FTX/Alameda removed 187,625 SOL, valued at $32.24 million, from staking but still holds approximately 5.2 million SOL, valued at $913.5 million. Another large wallet, dormant until recently, unstaked 103,040 SOL worth $17.7 million. Despite this, it continues to hold 3.36 million SOL, totaling $584 million. These adjustments suggest short-term repositioning while indicating sustained long-term confidence in Solana’s value. Meme Coin Rally Doubles Ecosystem Value The rise of meme coins has significantly impacted Solana’s valuation. Projects such as Bonk, dogwifhat, Popcat, and Peanut the Squirrel have driven the Solana meme coin market cap from $6 billion in April to $15 billion as of May 12, based on Coingecko data. https://twitter.com/OnchainLens/status/1921739079194198212 This spike in speculative trading has contributed to the broader momentum behind SOL’s price action, reflecting increased retail participation and liquidity inflows across the ecosystem. Investor sentiment has been further lifted by the anticipation of spot Solana exchange-traded funds. Leading asset managers including VanEck, 21Shares, Bitwise, and Grayscale have submitted filings currently under SEC review. Market analysts forecast over $6 billion in potential inflows during the first year if approvals include staking features. The pending decisions remain a key factor influencing upcoming Solana price behavior. Technical Indicators Signal Continued Strength Technical analysis supports the current upward trend. SOL is testing the $177.33 level, aligned with the 2.618 Fibonacci extension. Additional resistance targets include $191.06 and $199.54, based on higher Fibonacci levels. The RSI stands at 63.36, indicating bullish momentum with room to extend. The MACD remains positive, with its blue line above the signal line and green histogram bars showing continued buying interest.Support levels are observed around $163.60 and $156.21. These levels provide a cushion if the asset sees short-term corrections in the coming sessions.

Solana Rises as Meme Coin Rally and ETF Hopes Boost Market Sentiment

DO YOUR OWN RESEARCH BEFORE INVESTING IN THE CRYPTO MARKET.. Whales unstaked $50M in SOL but continue holding over $1.4B, showing long-term commitment to Solana.Meme coins on Solana more than doubled market cap, adding $9B in ecosystem value in just over a month.ETF filings from major firms raise expectations of multi-billion-dollar inflows pending SEC approval.

Solana (SOL) traded around $177 on May 12, marking its highest level since early March. The move follows notable whale activity involving over $50 million worth of unstaked tokens. On-chain data shows FTX/Alameda removed 187,625 SOL, valued at $32.24 million, from staking but still holds approximately 5.2 million SOL, valued at $913.5 million.
Another large wallet, dormant until recently, unstaked 103,040 SOL worth $17.7 million. Despite this, it continues to hold 3.36 million SOL, totaling $584 million. These adjustments suggest short-term repositioning while indicating sustained long-term confidence in Solana’s value.

Meme Coin Rally Doubles Ecosystem Value
The rise of meme coins has significantly impacted Solana’s valuation. Projects such as Bonk, dogwifhat, Popcat, and Peanut the Squirrel have driven the Solana meme coin market cap from $6 billion in April to $15 billion as of May 12, based on Coingecko data.
https://twitter.com/OnchainLens/status/1921739079194198212
This spike in speculative trading has contributed to the broader momentum behind SOL’s price action, reflecting increased retail participation and liquidity inflows across the ecosystem.
Investor sentiment has been further lifted by the anticipation of spot Solana exchange-traded funds. Leading asset managers including VanEck, 21Shares, Bitwise, and Grayscale have submitted filings currently under SEC review.
Market analysts forecast over $6 billion in potential inflows during the first year if approvals include staking features. The pending decisions remain a key factor influencing upcoming Solana price behavior.
Technical Indicators Signal Continued Strength
Technical analysis supports the current upward trend. SOL is testing the $177.33 level, aligned with the 2.618 Fibonacci extension. Additional resistance targets include $191.06 and $199.54, based on higher Fibonacci levels.
The RSI stands at 63.36, indicating bullish momentum with room to extend. The MACD remains positive, with its blue line above the signal line and green histogram bars showing continued buying interest.Support levels are observed around $163.60 and $156.21. These levels provide a cushion if the asset sees short-term corrections in the coming sessions.
After 12 hours.it’s at all time high 0.11cents quite a progress..at the top of 9.90 to 2 usd in just literally less than 2 minutes .. and npw trading at 0.11 cents, quite a jump✌🏼
After 12 hours.it’s at all time high 0.11cents quite a progress..at the top of 9.90 to 2 usd in just literally less than 2 minutes .. and npw trading at 0.11 cents, quite a jump✌🏼
Shafatullah269
--
Bullish
what is this 🥹
$BTC NO DISCUSSIONS AT ALL…!!! Doesn’t matter how much you are investing but the point is your investment is safe. Transfer BTC to your wallet and take it into your custody.
$BTC NO DISCUSSIONS AT ALL…!!! Doesn’t matter how much you are investing but the point is your investment is safe. Transfer BTC to your wallet and take it into your custody.
hafsaeman
--
Which coin should ,I buy for a long time.
#TRXETF Canary Capital submits TRX ETF application to SEC; expands crypto products. Plans include Pengu and Sui ETFs. TRX staking ETF would yield 4.5% annually, pending approval.
#TRXETF Canary Capital submits TRX ETF application to SEC; expands crypto products.
Plans include Pengu and Sui ETFs.
TRX staking ETF would yield 4.5% annually, pending approval.
$TRX Tron is making headlines, & MELANIA is on the verge of DELISTING.. Market Price Drop Leads to Exchange Delisting Risk Investors felt immediate financial pressure, with the token's market price plummeting post-sale. Some exchanges are considering delisting the coin due to perceived risks. This event has political and business impacts as discussions of regulatory oversight in the cryptocurrency space intensify. Social media responses reflect growing calls for more transparency.
$TRX Tron is making headlines, & MELANIA is on the verge of DELISTING..
Market Price Drop Leads to Exchange Delisting Risk
Investors felt immediate financial pressure, with the token's market price plummeting post-sale. Some exchanges are considering delisting the coin due to perceived risks.
This event has political and business impacts as discussions of regulatory oversight in the cryptocurrency space intensify. Social media responses reflect growing calls for more transparency.
$MELANIA “DO YOUR OWN RESEARCH BEFORE INVESTING “ Market Drop Leads to Exchange DELISTING Risk Investors felt immediate financial pressure, with the token's market price plummeting post-sale. Some exchanges are considering delisting the coin due to perceived risks. This event has political and business impacts as discussions of regulatory oversight in the cryptocurrency space intensify. Social media responses reflect growing calls for more transparency.
$MELANIA

“DO YOUR OWN RESEARCH BEFORE INVESTING “

Market Drop Leads to Exchange DELISTING Risk

Investors felt immediate financial pressure, with the token's market price plummeting post-sale. Some exchanges are considering delisting the coin due to perceived risks.
This event has political and business impacts as discussions of regulatory oversight in the cryptocurrency space intensify. Social media responses reflect growing calls for more transparency.
#MELANIA 50 million MELANIA tokens worth around $30 million was moved from community funds — and is now being quietly sold, with no explanation from the team.
#MELANIA

50 million MELANIA tokens worth around $30 million was moved from community funds — and is now being quietly sold, with no explanation from the team.
Melania Memecoin Team Offloads $15M Tokens in Alleged Rug PullDO YOUR OWN RESEARCH BEFORE INVESTING “NOT A FINANCIAL ADVICE” Melania Memecoin Team's $15M Token Sale Sparks AllegationsMarket Price Drop Leads to Exchange Delisting RiskMemecoin History Repeats With New Regulatory Calls Melania memecoin team, in an unexpected move, sold $15 million worth of tokens, raising allegations of a slow rug pull in the cryptocurrency community. This event highlights the ongoing risks in the cryptocurrency market, causing investor concerns and skepticism about memecoin reliability. The sale of $15 million in tokens by the Melania memecoin team happened recently, amid a decline in market trust. Previous community warnings about the project have surfaced. Individuals involved in the sale have faced scrutiny, with some investors alleging misconduct. The sale shifts dynamics, causing many to question their earlier investment decisions. Memecoin History Repeats With New Regulatory Calls The current scenario mirrors past memecoin controversies, where sudden sales raised rug pull fears. The IMPORTANCE of due diligence before investing in high-risk assets. Potential outcomes include increased regulation and scrutiny for memecoins, influenced by historical trends. Market analysts predict possible short-term losses for investors if caution isn't exercised.

Melania Memecoin Team Offloads $15M Tokens in Alleged Rug Pull

DO YOUR OWN RESEARCH BEFORE INVESTING
“NOT A FINANCIAL ADVICE”
Melania Memecoin Team's $15M Token Sale Sparks AllegationsMarket Price Drop Leads to Exchange Delisting RiskMemecoin History Repeats With New Regulatory Calls
Melania memecoin team, in an unexpected move, sold $15 million worth of tokens, raising allegations of a slow rug pull in the cryptocurrency community. This event highlights the ongoing risks in the cryptocurrency market, causing investor concerns and skepticism about memecoin reliability.
The sale of $15 million in tokens by the Melania memecoin team happened recently, amid a decline in market trust. Previous community warnings about the project have surfaced.
Individuals involved in the sale have faced scrutiny, with some investors alleging misconduct. The sale shifts dynamics, causing many to question their earlier investment decisions.
Memecoin History Repeats With New Regulatory Calls
The current scenario mirrors past memecoin controversies, where sudden sales raised rug pull fears.
The IMPORTANCE of due diligence before investing in high-risk assets.
Potential outcomes include increased regulation and scrutiny for memecoins, influenced by historical trends. Market analysts predict possible short-term losses for investors if caution isn't exercised.
on-chain analysts & many stating that the sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team.
on-chain analysts & many stating that the sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team.
manzar26
--
$OM official news, Users are taking so much stress about false news. Don't believe until you don't get an official statement from the community.

I found an official statement from the #om community. Read here👇

You also follow the Twitter account below to get relaxed.
Mantra Collapse Sparks Debate on Trust in DeFi, Says AnalystDO YOUR OWN RESEARCH BEFORE INVESTING JUST FOR INFORMATION PURPOSES NEVER TAKE ADVICE FROM ANYONE UNLESS YOU DO YOUR DUE DILIGENCE & RESEARCH 1. -><- Mantra (OM) lost 90% of its value within an hour on April 13, erasing $6 billion in market cap. 2.-><- On-chain data shows large token movements before the crash, raising suspicions of insider activity. 3. -><- The collapse has intensified concerns about transparency and governance in DeFi projects. The dramatic collapse of Mantra (OM) has renewed concerns over trust and transparency in the decentralized finance (DeFi) sector. In a matter of minutes on April 13, Mantra lost 90% of its value, wiping out $6 billion in market capitalization without any confirmed security breach or external attack. Overhyped New Layer 1 Blockchains to Blame? Jean Rausis, co-founder of decentralized finance platform SMARDEX, weighed in on the situation, pointing to the dangers of overhyped new Layer 1 blockchains that lack decentralized backing and historical resilience. “Sunday’s Mantra token collapse points, once again, to the fact that investors and users must be very careful with new L1s, especially when they are hyped up by centralized interests,” said Rausis. “It should serve as a reminder that not all price action in DeFi is sustainable.” Rausis contrasted the Mantra collapse with Ethereum’s current performance, pointing out that despite recent sluggish price action, Ethereum remains the most reliable and developer-rich ecosystem in DeFi. “Ethereum remains King,” he stated. “Instead of fixating on ETH’s price action, we should be asking ourselves what the DeFi space truly needs to thrive.” As the dust settles on Mantra’s dramatic fall, the broader DeFi community faces a pressing question: is it time to re-focus on transparency, decentralization, and long-term value — or risk repeating the same mistakes with the next overhyped project? The sudden and steep drop sent shocked the crypto community, raising questions about governance, insider activity, and the fragility of hype-driven projects. Mantra Once Considered a Promising Crypto Project Once ranked among the top five Real World Asset (RWA) protocols by market cap, Mantra was seen as a rising star in the RWA space. The project focuses on tokenizing real-world assets on-chain, and its native token, OM, reached an all-time high of $8.99 in late February. However, within a few short weeks, the token plummeted from $6.10 to just $0.40 in a single day. Why Did the Price of Mantra Collapse? As of now, there is no confirmed reason for what caused the collapse. Mantra maintains that the platform is operating normally and that there was no attack on the network. Meanwhile, parts of the crypto community suspect insider trading and point to the project team as a possible cause. Despite the market chaos, no official exploit or hack has been confirmed. In a public statement released via X (formerly Twitter) on April 15, the Mantra team acknowledged the community’s concern and pledged a commitment to transparency. HERE COMES THE KEYWORD “SO CALLED” 👉🏼TRANSPARENCY 👈🏼 …. Kind of a Joke to me TRANPARENCY is a word that can get thrown around like glitter – particularly in this space,” the post read. “But I’m going to use it. We will do everything in our power to convey accurate, timely information as soon as we have it and verify it. This is a responsibility to our community we take incredibly seriously.” On-chain data reveals huge token movements prior to the crash, with some transactions potentially linked to insiders or early investors. These large movements have sparked speculation about whether certain parties had foreknowledge of the collapse and sold off their holdings in anticipation. Adding fuel to the fire is the revelation that the Mantra team may have controlled up to 90% of the token supply.

Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst

DO YOUR OWN RESEARCH BEFORE INVESTING
JUST FOR INFORMATION PURPOSES
NEVER TAKE ADVICE FROM ANYONE UNLESS YOU DO YOUR DUE DILIGENCE & RESEARCH
1. -><- Mantra (OM) lost 90% of its value within an hour on April 13, erasing $6 billion in market cap.
2.-><- On-chain data shows large token movements before the crash, raising suspicions of insider activity.
3. -><- The collapse has intensified concerns about transparency and governance in DeFi projects.

The dramatic collapse of Mantra (OM) has renewed concerns over trust and transparency in the decentralized finance (DeFi) sector.
In a matter of minutes on April 13, Mantra lost 90% of its value, wiping out $6 billion in market capitalization without any confirmed security breach or external attack.
Overhyped New Layer 1 Blockchains to Blame?
Jean Rausis, co-founder of decentralized finance platform SMARDEX, weighed in on the situation, pointing to the dangers of overhyped new Layer 1 blockchains that lack decentralized backing and historical resilience.
“Sunday’s Mantra token collapse points, once again, to the fact that investors and users must be very careful with new L1s, especially when they are hyped up by centralized interests,” said Rausis. “It should serve as a reminder that not all price action in DeFi is sustainable.”
Rausis contrasted the Mantra collapse with Ethereum’s current performance, pointing out that despite recent sluggish price action, Ethereum remains the most reliable and developer-rich ecosystem in DeFi. “Ethereum remains King,” he stated. “Instead of fixating on ETH’s price action, we should be asking ourselves what the DeFi space truly needs to thrive.”
As the dust settles on Mantra’s dramatic fall, the broader DeFi community faces a pressing question: is it time to re-focus on transparency, decentralization, and long-term value — or risk repeating the same mistakes with the next overhyped project?
The sudden and steep drop sent shocked the crypto community, raising questions about governance, insider activity, and the fragility of hype-driven projects.
Mantra Once Considered a Promising Crypto Project
Once ranked among the top five Real World Asset (RWA) protocols by market cap, Mantra was seen as a rising star in the RWA space.
The project focuses on tokenizing real-world assets on-chain, and its native token, OM, reached an all-time high of $8.99 in late February.
However, within a few short weeks, the token plummeted from $6.10 to just $0.40 in a single day.
Why Did the Price of Mantra Collapse?
As of now, there is no confirmed reason for what caused the collapse. Mantra maintains that the platform is operating normally and that there was no attack on the network.
Meanwhile, parts of the crypto community suspect insider trading and point to the project team as a possible cause.
Despite the market chaos, no official exploit or hack has been confirmed.
In a public statement released via X (formerly Twitter) on April 15, the Mantra team acknowledged the community’s concern and pledged a commitment to transparency.

HERE COMES THE KEYWORD “SO CALLED”
👉🏼TRANSPARENCY 👈🏼 …. Kind of a Joke to me
TRANPARENCY is a word that can get thrown around like glitter – particularly in this space,” the post read. “But I’m going to use it. We will do everything in our power to convey accurate, timely information as soon as we have it and verify it. This is a responsibility to our community we take incredibly seriously.”
On-chain data reveals huge token movements prior to the crash, with some transactions potentially linked to insiders or early investors.
These large movements have sparked speculation about whether certain parties had foreknowledge of the collapse and sold off their holdings in anticipation.
Adding fuel to the fire is the revelation that the Mantra team may have controlled up to 90% of the token supply.
sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team. the team allegedly holds almost 90% of the tokens supply. Can you explain it?
sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team. the team allegedly holds almost 90% of the tokens supply. Can you explain it?
JP Mullin
--
Guys let's get a couple things straight:

- The TG was not deleted.
- The Team tokens all remain in custody, verifiable at this address - mantra1yejpacug78zuqkzwwuc94c0a2al4mz4yfqquam
- We are actively figuring out why these massive forced liquidations occurred and will provide more info ASAP.
- We are here and not going anywhere.
Crypto analyst Max Brown said the team allegedly holds almost 90% of the token’s total supply, which triggered the market sell-off that led to the token losing $5.5 billion in mkt.
Crypto analyst Max Brown said the team allegedly holds almost 90% of the token’s total supply, which triggered the market sell-off that led to the token losing $5.5 billion in mkt.
JP Mullin
--
Guys let's get a couple things straight:

- The TG was not deleted.
- The Team tokens all remain in custody, verifiable at this address - mantra1yejpacug78zuqkzwwuc94c0a2al4mz4yfqquam
- We are actively figuring out why these massive forced liquidations occurred and will provide more info ASAP.
- We are here and not going anywhere.
sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to Mantra team. Crypto analyst Max Brown said the team allegedly holds almost 90% of the token’s
sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to Mantra team. Crypto analyst Max Brown said the team allegedly holds almost 90% of the token’s
JP Mullin
--
1) Sherpas, OMies, and broader crypto community,

First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community.

We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice.

That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges.

Centralized exchange partners play an important role in providing liquidity to projects like ours. We work closely with them, however they continue to exercise enormously high levels of discretion. When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.

To be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors selling tokens. Tokens remain locked and subject to the published vesting periods. OM’s tokenomics remain intact, as shared last week in our latest token report. Our token wallet addresses are online and visible.
WHAT HAPPENED TO OM ?? on-chain analysts & many stating that the sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team. Crypto analyst “MAX BROWN” said the team allegedly holds almost 90% of the token’s total supply, which triggered the market sell-off that led to the token losing $5.5 billion in market cap.
WHAT HAPPENED TO OM ??

on-chain analysts & many stating that the sell-off began when 3.9 million OM was deposited on OKX by a wallet linked to the Mantra team. Crypto analyst “MAX BROWN” said the team allegedly holds almost 90% of the token’s total supply, which triggered the market sell-off that led to the token losing $5.5 billion in market cap.
Don’t trust them , one of them transferred almost 3 million tokens to OKX just before the crash,team has everything to do with crash, onchain data never lies. They did that in past
Don’t trust them , one of them transferred almost 3 million tokens to OKX just before the crash,team has everything to do with crash, onchain data never lies. They did that in past
Marian Majuste LFse
--
$OM Guys Please dont spread false news
Om team is there
telegram is there
om ceo is publicly Adressing the Issue
So please dont creat panic just hold everything will be fine
You can verify all things on twitter
#StopLossStrategies Approx. 35 Millions liquidated after a massive crash or an insider’s trading… JOHN PATRICK MULLIN —Co-Founder & CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.
#StopLossStrategies
Approx. 35 Millions liquidated after a massive crash or an insider’s trading…
JOHN PATRICK MULLIN —Co-Founder & CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.
MANTRA co-founder says forced liquidations triggered OM token's 90% crashDO YOUR OWN RESEARCH BEFORE INVESTING… #StopLossStartegies 1 <—> OM token crashed 90% due to forced liquidations by centralized exchanges, said MANTRA's co-founder. 2 <—> MANTRA denies involvement from MANTRA team or investors in the price drop. John Patrick Mullin, the co-founder and CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team. “The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” Mullin said in a statement to the community a few hours after the crash surfaced. That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges,” he stated.…!!! While not naming any specific platform, the entrepreneur argued that the issue was the possibly unchecked and “reckless” actions of the CEXs where OM was being traded. Mullin noted that these exchanges “continue to exercise enormously high levels of discretion,” and warned that when such powers are used without oversight, “dislocations like what recently happened can and will occur, hurting both projects and investors alike.” The OM token, which peaked at $9 earlier this year, fell from $6.3 to as low as $0.37 on April 13. At the time of writing, the token has slightly recovered above $1. MANTRA was accused of offloading their bag. However, Mullin denied those claims, stressing that “this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors.” Mullin added that all team and investor tokens are still locked according to their publicly disclosed vesting schedules. He also claimed that the OM token’s fundamental tokenomics remain unchanged. MANTRA, which recently became the first DeFi protocol licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), plans to host a community discussion on X to address the recent incident. The explanation didn’t ease concerns in the crypto community. Many still felt the statement lacked transparency. In a follow-up post, Mullin said that the team is working on compiling details of the situation. Previously, several altcoins suffered sharp declines on Binance, including Act I: The AI Prophecy, which dropped 50%, DeXe, which fell 38%, and dForce, down 19%. The declines came after Binance revised margin requirements, which could increase liquidation risks for undercollateralized positions.

MANTRA co-founder says forced liquidations triggered OM token's 90% crash

DO YOUR OWN RESEARCH BEFORE INVESTING…
#StopLossStartegies
1 <—> OM token crashed 90% due to forced liquidations by centralized exchanges, said MANTRA's co-founder.
2 <—> MANTRA denies involvement from MANTRA team or investors in the price drop.
John Patrick Mullin, the co-founder and CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.

“The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” Mullin said in a statement to the community a few hours after the crash surfaced. That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges,” he stated.…!!!

While not naming any specific platform, the entrepreneur argued that the issue was the possibly unchecked and “reckless” actions of the CEXs where OM was being traded.
Mullin noted that these exchanges “continue to exercise enormously high levels of discretion,” and warned that when such powers are used without oversight, “dislocations like what recently happened can and will occur, hurting both projects and investors alike.”
The OM token, which peaked at $9 earlier this year, fell from $6.3 to as low as $0.37 on April 13. At the time of writing, the token has slightly recovered above $1.
MANTRA was accused of offloading their bag. However, Mullin denied those claims, stressing that “this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors.”
Mullin added that all team and investor tokens are still locked according to their publicly disclosed vesting schedules. He also claimed that the OM token’s fundamental tokenomics remain unchanged.
MANTRA, which recently became the first DeFi protocol licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), plans to host a community discussion on X to address the recent incident.
The explanation didn’t ease concerns in the crypto community. Many still felt the statement lacked transparency. In a follow-up post, Mullin said that the team is working on compiling details of the situation.
Previously, several altcoins suffered sharp declines on Binance, including Act I: The AI Prophecy, which dropped 50%, DeXe, which fell 38%, and dForce, down 19%. The declines came after Binance revised margin requirements, which could increase liquidation risks for undercollateralized positions.
#MastertheMarket Federal Reserve THIS POST IS JUST FOR INFORMATION PURPOSES Senator Lummis has reintroduced the Bitcoin Act, a legislative proposal requiring the U.S. government to purchase one million Bitcoins over five years. The bill mandates a minimum 20-year holding period and sets procedures for digital asset storage. Senator Lummis Reintroduces Bitcoin Act for One Million BTC Purchase appears on Crypto Front News.
#MastertheMarket

Federal Reserve

THIS POST IS JUST FOR INFORMATION PURPOSES

Senator Lummis has reintroduced the Bitcoin Act, a legislative proposal requiring the U.S. government to purchase one million Bitcoins over five years. The bill mandates a minimum 20-year holding period and sets procedures for digital asset storage.

Senator Lummis Reintroduces Bitcoin Act for One Million BTC Purchase appears on Crypto Front News.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

FASIH UR Rehman Abbasi
View More
Sitemap
Cookie Preferences
Platform T&Cs