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news-imageFebruary 23, 2025

Crypto price predictions: Mantra, DeXe, Toncoin, IOTA

Crypto prices rebounded during the weekend, with the total market of all coins soaring to over $3.20 trillion and the fear and greed index moving to the neutral level. This rebound was driven by speculation among crypto investors, who believe that these coins will do well this year.
Publisher: Invezz
Sentiment: Positive
DEXE
IOTA

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Positive
cover-imageInvezz
April 23, 2025

Why is Toncoin price rising today?

Trading at $3.117 at press time, Toncoin (TON) has witnessed a remarkable 7.3% price surge within the last 24 hours, sparking widespread interest among cryptocurrency investors and market observers. Originally developed by Telegram and now maintained by the TON Foundation, Toncoin is built on The Open Network, a high-throughput blockchain designed for fast, scalable transactions.

Positive
cover-imageThe Cryptonomist
April 23, 2025

IOTA towards a completely decentralized network with the Rebased update

May 5, 2025, will mark a historic date for the blockchain ecosystem: the IOTA network is preparing to complete an unprecedented upgrade, transforming into a fully decentralized, scalable platform ready to handle a wide range of Web3 applications. The arrival of the new protocol, IOTA Rebased, indeed promises to revolutionize the network's operation, strongly pushing for real adoption and the usability of its $IOTA token. Since 2015, IOTA has undergone several technical transformations to meet the growing demands of the blockchain ecosystem. With the IOTA Rebased protocol, the most complex and decisive update ever faced arrives. After months of technical testing, auditing, and community governance-based decisions, the network will finally become a decentralized Layer 1 blockchain, based on a Delegated Proof-of-Stake (DPoS) consensus mechanism.

Negative
cover-imageCointelegraph
April 22, 2025

Unpacking Mantra's OM crash requires forensic study — CertiK exec

Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users' trust following the token's sudden crash earlier in April. However, the question of the underlying reasons for the OM crash remains unanswered, blockchain investigators told Cointelegraph.Unpacking Mantra's OM crash requires a detailed forensic study rather than just basic blockchain analysis, Natalie Newson, senior blockchain investigator at the blockchain security firm CertiK, said.

Positive
cover-imageAltcoin Buzz
April 22, 2025

$82M OM Burned to Regain Trust

Mullin announced he will burn 150 million OM tokens—his entire allocation—worth approximately $82 million. The move aims to show his long-term commitment to building the real-world asset (RWA) Layer 1 blockchain.

Positive
cover-imageThe Cryptonomist
April 22, 2025

Mantra aims for a revival: a burn of 300 million OM tokens is coming

Mantra, the platform specialized in tokenization of real-world assets (RWA), has announced a burn of 300 million OM tokens, equivalent to approximately 16.5% of the total supply, with an estimated value of 160 million dollars. This decision comes at a critical time for the platform, which has seen its token lose 90% of its value in just one day, April 13, with a market capitalization evaporated by over 5 billion dollars. According to the Mantra team, the main cause of the collapse is attributed to irresponsible liquidations by the exchanges, which triggered a bear spiral.

Positive
cover-imageCointelegraph
April 22, 2025

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token's value by tightening supply. Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin's Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply.

Negative
cover-imageCoingape
April 21, 2025

4 Altcoins to Sell As Japan Refuses to Concede to US Tariff Demands

The crypto market trades in the green today, April 21, with Bitcoin price clinching a three-week high above $87,000, pulling top altcoins up. However, despite the gains, macroeconomic fears still linger due to the ongoing US tariffs, with Japan's recent refusal to concede on all US demands sparking marking anxiety.

Negative
cover-imageCryptoSlate
April 17, 2025

Mantra, market makers allegedly exploited validation gaps to inflate OM token liquidity

Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators' self-reporting systems, according to discussions on the latest edition of “The Chopping Block” podcast. The scheme involved misrepresenting the circulating supply and trading volume of OM to create the appearance of broader market activity than existed.

Negative
cover-imageCointelegraph
April 17, 2025

How Mantra's OM token collapsed in 24 hours of chaos

Mantra's OM token collapsed by more than 90% overnight, and the crypto world can't agree on why. On April 13, OM's price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry.The sudden crash drew comparisons to Terra's LUNA implosion as traders scrambled for answers.

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