Update (4.13.2025 22:02:20): This article has been updated to provide updates from the Mantra team The price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours. On April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap. Some traders characterized the token collapse as an apparent rug pull. Market investor Gordon wrote: “[The] team needs to address this or OM looks…
Tag: Token
Top US Crypto Exchange Coinbase Rolls Out Trading Support for Brand New Omni-Chain Native Token
Coinbase traders can now buy and sell the brand-new native token of a new omni-chain tool focused on artificial intelligence (AI). The top US crypto exchange rolled out support for Wayfinder (PROMPT) on Thursday, the same day the token launched. Wayfinder bills itself as an omni-chain tool “providing groundbreaking ways for AI to interact with blockchain environments.” The project’s whitepaper notes that it will also be used for blockchain-based games. “Wayfinder is an AI agent framework able to power blockchain-based games, with Parallel Studios’ Colony as an initial game incorporating…
TAIKO layer 2 token debuts on financial super app Revolut
Ethereum layer 2 project Taiko has launched its native token, TAIKO, on Revolut, one of Europe’s largest financial super-apps. According to an Apr. 8 press release, Taiko is now available to Revolut’s 45 million users across 50 countries, marking a big step in bringing the token to the mainstream. Through the Revolut app, users can now purchase the token directly, providing a simple fiat-to-crypto on-ramp and possibly boosting liquidity. Taiko is the first layer 2 to utilize the “based rollup” design, which makes use of the native security and sequencing…
AI agent platform Virtuals revenue plunges to $500 a day with token down 90%
The artificial intelligence agent creation and monetization platform Virtuals Protocol has seen its daily revenue plummet to just $500 as demand for crypto AI agents continues to wane. “Probably one of the wildest crypto charts of the cycle,” Blockworks researcher Sharples said in an April 8 X post. Steep decline in AI agent creation Sharples said that it has “been about a week” since a new AI agent launched on Virtuals compared to late November when the platform was helping make over 1,000 new AI agents a day, according to…
Pi Network Recovers 3%, Eyes Set on Token Burn Hopes
Key Notes PI token shot up 3% in the past 24 hours, claiming a daily high of $0.5832. About 1.5 million PI tokens will be released per day starting April 11. Analyst Jeff Moon has predicted that PI could reach a price tag of $3 by June. Pi Network’s native token PI is showing signs of recovery after the price slump on April 8. It is currently trading at around $0.58, up nearly 3% in the past 24 hours. This rebound comes after weeks of sideways to downward movement. The…
Conor McGregor’s token creators to refund bidders after failed launch
Investors who bid on the REAL (REAL) token promoted by former UFC champion Conor McGregor will receive a full refund after the project failed to raise above its $1 million minimum requirement. “We need to be real. We didn’t hit our minimum raise,” the developers of the Real (REAL) token, Real World Gaming said in an April 6 X post, adding that “All bids will be refunded in full.” “This is not the end,” RWG said. The team only managed to raise $392,315 in USDC (USDC) over a 28-hour presale…
Crypto Firm Sentenced for AI Token Wash Trading After DOJ Undercover Sting
Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global FZC LLC, a cryptocurrency […] Source CryptoX Portal
SOL Token Could See Nearly 6% Price Swing as Whales Dump Coins Ahead of U.S. NFP Release
Solana’s SOL token is poised for a potential price swing of almost 6% after some large investors, or whales, dumped their holdings ahead of the U.S. non-farm payroll (NFP) report due later Friday. This estimate comes from Volmex’s one-day implied volatility index (IV) for SOL. At press time, the index showed a one-day reading annualized at 109.70%, indicating an expected 24-hour price volatility of 5.74%. (The daily figure is derived by dividing the annualized volatility by the square root of 365, the number of trading days in a year.) A…
Bitcoin Staking Protocol Babylon Aims to Reward Early Users With 10B BABY Token Airdrop
The Babylon Foundation has unveiled an airdrop for its BABY token, rewarding early backers of its Bitcoin-native staking protocol. Babylon Foundation Reveals 10B BABY Token Airdrop The Babylon Foundation, a decentralized finance (defi) protocol focused on the Bitcoin network, has announced plans for its BABY token generation event, which includes an airdrop to early supporters. […] Original
Stabull Labs Announces Public Sale of STABUL Token on ProBit Global Exchange
April 3rd, 2025 – Próspera ZEDE, Honduras Public sale of governance token commences April 16, with a listing to follow in May; near-term upgrades include Base chain integration, wallet expansion, and DeFi aggregator support. Stabull Labs LLC, operator of the stablecoin and real-world asset (RWA) decentralised exchange (DEX), Stabull.Finance, has announced the upcoming public sale of its governance token, STABUL, launching on ProBit Global Exchange on Wednesday, 16th April at 03:00 UTC. Stabull is a DEX optimised for stablecoins and RWA’s, utilising off-chain price oracles to ensure accurate pricing of…