Will $OM Recover After 90% Crash and Token Burn?

MANTRA (OM) has become the center of attention in the crypto space due to a bold move by its founder, John Patrick Mullin. In a bid to rebuild trust and strengthen the community, he has initiated the burning of his personal allocation of 150 million $OM tokens—a significant amount relative to the total supply.

This burn is part of a broader 300 million token burn initiative aimed at revitalizing the project following a steep decline in token value.

With the total supply dropping from 1.82 billion to 1.67 billion $OM, and staked tokens falling from 571 million to just over 421 million, the burn is designed to decrease circulating supply, which could potentially increase the token’s value under the same market cap conditions.

Despite this effort, MANTRA is still reeling from a dramatic 90% price crash on April 13, with continued selling pressure and little recovery. While the token showed a minor 4% increase on the day, it remains in a downward trend within a descending channel, offering little encouragement to short-term holders.

Adding to the uncertainty are concerns over centralized token concentration, poor governance, and cascading liquidations, as noted by Bitget’s CEO Gracy Chen. These factors have compounded the negative sentiment, pushing the community to demand greater transparency and accountability.

Source – Jacob Crypto Bury on YouTube

$OM Price Prediction

$OM is currently trading around $0.508 after failing to sustain its earlier peak near $0.61. The chart shows a clear rejection from that high, with the price falling below the previous support at $0.5529, which now acts as a key resistance level.

If bearish pressure continues, the next strong support zone lies around $0.48, which aligns with previous consolidation levels. A break below this could open the door to a further drop toward $0.46. On the upside, $OM would need to reclaim $0.55 with strong momentum to retest the $0.60 resistance.

Overall, $OM appears to be in a short-term corrective phase, and price action near the $0.50 psychological level will be crucial in determining its next move.

MANTRA Faces Skepticism: Can Bitcoin’s Surge Drive a Recovery?

While the burn could be seen as a powerful gesture of commitment, skepticism remains. Some observers question whether the burn is purely symbolic or a strategic move to regain investor confidence.

The comparison to past catastrophes like Luna Classic lingers in the air, with fears of history repeating itself for latecomers who entered during the last bull run. Still, early investors are reportedly in profit, highlighting the mixed outcomes within the community.

Bitcoin’s recent surge to $88.5K has offered some optimism across the market, but MANTRA’s recovery hinges on more than just macro bullishness.

The token’s return to previous highs, will require consistent positive developments, renewed investor confidence, and potentially more fundamental changes beyond tokenomics.

Until then, the project remains in a precarious state—caught between recovery efforts and a skeptical market waiting for proof of sustainable progress.

BTC Bull as a MANTRA Alternative Token Tapping Into Bitcoin’s Legacy for High Returns

The BTC Bull (BTCBULL) presale is gaining momentum due to its ambitious roadmap and potential for high returns. The presale has already raised a massive $4.8 million, with limited time remaining in the current stage.

The token is currently priced at just $0.002475, with projections pointing to sharp increases in upcoming phases. BTC Bull positions itself as the official meme token counterpart to Bitcoin, drawing inspiration from $BTC’s historical performance while carving out its own speculative path.

Bitcoin, as noted, has delivered exceptional annual returns since its inception and experienced an extraordinary overall increase in value over time. BTC Bull taps into that legacy, branding itself as the next major opportunity in line with Bitcoin’s ascent.

According to the roadmap, once Bitcoin hits $150,000, a massive $BTC airdrop will be triggered, specifically rewarding those early adopters.

The token is built on the Ethereum blockchain, requiring users to hold $ETH in a compatible wallet, such as MetaMask, WalletConnect, or Best Wallet, to participate in the presale. Importantly, participants who use Best Wallet will be eligible for exclusive $BTC airdrops.

Best Wallet is a multi-chain crypto wallet integrated with the community sale, enabling seamless reward distribution. Users can either download the wallet or import existing ones to qualify.

Security and legitimacy have also been emphasized. The project has undergone audits by reputable crypto auditing platforms such as SolidProof and Coinsult, both of which are known for scrutinizing the technical architecture and security protocols of blockchain projects.

An additional incentive is the staking mechanism offered at the point of purchase. Investors have the option to stake their tokens directly after buying them, which could yield an estimated 84% reward.

This dual-layered reward system—through both potential price appreciation and staking yields—is central to the project’s appeal. BTC Bull is crafting a high-reward, community-driven narrative anchored in the legacy of Bitcoin while leaning into the meme coin culture.

With the clock ticking and the price expected to rise in subsequent phases, the opportunity to enter at a favorable rate is quickly narrowing. Overall, the project combines timed token sales, staking incentives, airdrop rewards, and strategic burns to create a layered ecosystem aimed at long-term growth.

Visit BTC Bull presale here.