The post Mantra Struggles, Sui Faces Correction, BlockDAG Delivers 2,520% ROI! appeared on BitcoinEthereumNews.com.

Must-Read Market Analysis: Mantra Attempts Recovery, SUI Faces Correction; BlockDAG Presale Hits $227.5M After Podcast Debut! In a season defined by market swings, it’s the projects with real staying power that stand out. Mantra (OM) is attempting to regain its footing after a massive 90% drop in April, using a major token burn to stabilize prices. Meanwhile, Sui’s recent rally could be due for a breather, as analysts keep an eye on potential trend reversals.   But BlockDAG? It’s all about transparency and solid fundamentals. With its new podcast series breaking down everything from mining models to testnet updates and presale metrics, BlockDAG is making its long-term vision crystal clear. Having raised $227.5 million with impressive ROI for early investors, it’s no wonder that serious buyers are jumping on board for the ride ahead! Mantra’s Move After 90% Drop: Can OM Bounce Back? Mantra (OM) has had a tough time lately, taking a big hit with its price dropping by 90% in April 2025. The coin went from $6.30 to under $0.50, mainly due to the sudden movement of about $227 million worth of OM tokens to exchanges. This triggered fears of a liquidity crisis, sparking a major sell-off. To turn things around, Mantra is taking a bold step. The project announced a token burn of 160 million OM tokens, including 50% of the DAO’s founders’ holdings. This is all part of a strategy to stabilise the price and regain investor confidence. At the moment, OM is sitting at $0.54, showing signs of potential recovery. Technical indicators suggest solid support at $0.50, with resistance at $0.58. If the price can break through that level, we could see a bounce with short-term targets of $0.60 and $0.70. Despite recent setbacks, Mantra’s proactive moves and strong market interest indicate a positive outlook…

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Filed under: News - @ May 7, 2025 5:28 pm