BREAKING NEWS 🚨🔥 Straight from the OM CEO himself — this is HUGE.
He’s officially BURNING all of his team tokens! Yes, you read that right — EVERY. SINGLE. ONE. Gone. Forever. ♻️🔥 No shady unlocks. No secret sell-offs. ❌💼 Just pure commitment to the community. 🤝
Community first. Always. ❤️🔥 And get this — if the project performs, we get to vote on whether he earns them back! 🗳️⚖️ True transparency. True leadership. 🧠⚡ That’s how you build trust. That’s how you build $OM. 🚀
Massive move. Massive respect. 🙌 Let’s ride this wave together. 🌊 $OM to the moon! 🌕
The ‘Longest Ever’ Bullish Sign Just Appeared on Altcoin Charts
After months of stagnation and bearish sentiment, the winds might finally be shifting in favor of altcoins. Expert analysts who have analysed the chart patterns suggest the long-awaited “altcoin season” could be approaching. What Historical Pattern Signals an Altcoin Surge? Renowned crypto analyst Michaël van de Poppe recently shared a compelling chart highlighting a massive bullish divergence on the altcoin market capitalization against Bitcoin (TOTAL3/BTC). In his post, van de Poppe noted that the bullish divergence on the altcoin market capitalization “remains to be valid.”
Van de Poppe identified a multi-year falling wedge pattern – a structure often signaling a bullish price reversal. The last time such a bullish divergence occurred, it was followed by a parabolic surge in 2020 that marked the beginning of one of the biggest altcoin bull runs. The analyst also stressed that the current market features the longest bullish divergence in altcoin history. The RSI (Relative Strength Index) consistently formed higher lows while price made lower lows – a classic setup hinting at a price reversal. Importantly, a breakout has already taken place, with price reclaiming the wedge resistance and retesting it as support. This retest seems to be holding, which van de Poppe argues could be a confirmation of a new uptrend in the altcoin market. How Does the Altcoin Market Cap Chart Look? The TOTAL2 chart (total crypto market cap excluding Bitcoin) shows that as of April 14, TOTAL2 has bounced from the $830 billion zone and is now hovering near the $960 billion mark, showing signs of life after weeks of sideways action. This price action has reclaimed the 0.382 Fibonacci retracement level, and is attempting to push above the key 0.5 and 0.618 levels — commonly watched for trend reversals.
Also, the MACD (Moving Average Convergence Divergence) has crossed bullish, with histogram bars flipping green and momentum shifting upward, indicating a potential continuation if follow-through volume enters the market. If the TOTAL2 market cap can decisively break and hold above the $1.02 trillion mark (0.618 Fib), analysts see potential for a rally toward $1.27 trillion (the 1.618 Fibonacci extension). This scenario becomes more likely if Bitcoin’s price stabilizes or consolidates. In a bullish case, TOTAL2 could retest all-time highs near $1.6–2 trillion in the next 6–12 months. On the other hand, the bearish case would involve another rejection at the 0.618 fib, sending prices back toward the $830B support.
Quick Take The OM token plunge has seen over $71.8 million in liquidations over the past 24 hours. The project’s co-founder disclosed that the price movements were caused by “reckless forced closures” initiated by centralized exchanges on OM account holders.
In a dramatic turn of events, the cryptocurrency token MANTRA (OM) has plummeted over 88% in value within the past 24 hours, leading to more than $71.8 million in liquidations, according to data from Coinglass.
Among the impacted positions, 10 saw individual liquidations exceeding $1 million. It’s worth noting that these figures are derived from publicly available data and may not fully reflect the total market losses.
MANTRA, a Layer 1 blockchain project centered around real-world assets, experienced a sharp 10% drop in just one hour on Sunday. This initial slide was followed by a steep decline from $5.21 to approximately $0.74 — a staggering 88.2% loss over a single day, per The Block’s price tracker.
John Patrick Mullin, co-founder of MANTRA, took to X (formerly Twitter) to address the collapse. He attributed the extreme volatility to what he described as "reckless forced closures" carried out by centralized exchanges against 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," Mullin stated.
The Block has reached out to Mullin and the MANTRA team for additional comments.
This event follows a legal controversy from last year, when a Hong Kong court ordered six individuals linked to MANTRA DAO to disclose financial records amid a lawsuit. The complaint alleged misappropriation of DAO assets, though the defendants maintained that the assets were collectively owned by OM token holders.
⏳ Countdown initiated... We're approaching the launch of Kernel — a new foundational layer in the Binance ecosystem.
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What are your thoughts on this? How do you see Kernel changing the game?
Drop your insights, questions, or expectations below 👇
We now invite users to participate and vote on the first batch of Vote to List projects.
How to Vote: - Each user can vote for up to 5 projects, with the option to vote for fewer if desired. Each verified account can only allocate one vote for one project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
Vote Period: 2025-03-19 17:00 (UTC) to 2025-03-26 16:59 (UTC)
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