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Tested VS Untested Levels
If a level has been chopped through and tested multiple times, the market no longer has a strong psychological reaction at that level.
These levels are less likely to bounce.
There's more money to be made by trading bounces on untested levels.
In light of the rapid growth and development of decentralized AI over the last two years, we are creating a new Artificial Intelligence Crypto Sector.
$TAO $NEAR $GRASS
Learn more about the new AI #Crypto Sector: https://t.co/otNUt7Ww2j
The future of Web3, lies with builders and disruptors
Redacted doesn’t just ride metas, it accelerates the ones shaping what’s next.
Got Redacted. Didn’t get rekt.
Did you make the cut?
https://t.co/vhlhaOmaX8
https://t.co/ZnYaqfnOnJ
Since the weekend incident, the team has worked together across departments and time zones to provide this fact-based assessment of the events.
Here are the key facts and our further actions:
- There were no $OM sales by the MANTRA team during this period of market distress.
- Data shows a number of significant OM traders were liquidated by centralized exchanges.
- We’re releasing details of an OM Token support plan that will feature both an OM Token buyback and supply burn program.
- I’ve already committed to burning my team allocation (not my team’s). Comprehensive burn program details are forthcoming.
- We’re building a dashboard with live balances of tokenomics buckets for additional market transparency.
We are confident that further information from our centralized exchange partners will provide more clarity on these events. We invite our exchange partners to collaborate on providing more clarity on trading activities during this time.
🫡🕉️
JP Mullin (CEO of @MANTRA_Chain) remarks at BTCON RWA Summit today on $OM price action overnight
• No exploit or hack
• No active selling from MM or investors
• Large investors using $OM as collateral were liquidated, which caused drastic price action
• Post mortem soon
• No profit taken from insiders including team members
• Planned to have a pannel discussion at @eth_seoul_
side events, but decided not to participate and focus on the ongoing situation of @MANTRA_Chain with team
BTC
Price failed to reach $90K this week after trying for 5 days in a row.
A lot of salty comments that got euphoric on the LTF pump now second-guessing their opinions.
Consider this a Dead Cat Bounce until proven otherwise.
#Crypto Bull Run Cycle Update:
$BTC corrected and altcoins are down 60%+
But if you play this move right, you will catch the next big winners
Altcoin Accumulation Playbook: Q2, 2025: