en
Back to the list

Mantra (OM) Crashes 88% but Still Beats Ethereum Over the Year

source-logo  cryptonewsland.com 15 April 2025 00:44, UTC
  • The price of Mantra (OM) dropped 88.2% from $6.31 to $0.745 on a single day as it recovered to $0.4565 before reaching its peak of $8.86 in 2025.
  • OM demonstrated impressive earnings relative to Ethereum throughout calendar year 2025 although the token lost a substantial portion of its value during the crash.
  • Both OM and ETH show signs of bearish pressure and weak support levels, underscoring market fragility amid regulatory and investor uncertainty.

A sudden and sharp drop in the price of Mantra (OM) has sparked renewed concerns across the crypto market, as the token plunged 88.2% in a single day. The market value has declined to $0.745 from its peak at $6.31. OM’s price decline during the past year outperformed Ethereum’s price decrease by presenting a more resilient performance.

OM Stabilizes at $0.45 After Sharp Fall From $8.86 Peak

The OM cryptocurrency experienced its newest collapse after achieving its peak of $8.86349 during the first months of 2025. The rapid market value increase is shown by the green-highlighted portion of the chart while trading volumes experienced substantial growth at that time. The sudden market turn in March 2025 sent OM pricing down to $0.26325 which eliminated almost every dollar of its annual growth within several hours.

Mantra OM went down -90% today but the yearly performance is still better than eth

Lol pic.twitter.com/Jh8Iw5jHXT

— Sensei (@SenseiBR_btc) April 14, 2025

The OM price shows evidence of reaching a stable level at $0.4565. The recent price decline has left resistance at the former peak level of $6.31 much higher than the current support zone near $0.4565 which indicates a long recovery period ahead.

ETH Struggles Below $1,674 as Bearish Pressure Builds

ETH has registered a decline of 45.03% throughout its previous 12 months of activity. ETH maintains its current trading value at $1,592.58 though it shows downward movement from its $4,134.44 yearly high by more than 59%. Currently the Ethereum market demonstrates bearish patterns despite temporary upward movements that reached $3,204.91 in December 2024.

The most recent daily range shows ETH trading between $1,574.11 and $1,674.92, with a modest 3.7% increase on the day. The ongoing resistance area exists near $1,674 and support currently seeks validation at $1,574. A price decline below this threshold will likely initiate an additional period of market devaluation.

OM Crash Reveals Ongoing Crypto Fragility

The OM crash highlights the continued volatility and structural fragility within segments of the crypto market. Market confidence changes together with doubts about token distribution protocols led to the extreme market movement.

The Ethereum market faced controlled price declines since losses were more manageable but macroeconomic conditions manifested through regulatory dilemmas and retail investor withdrawal patterns.

Analysts stress that the missing robust support levels across these markets makes additional market decline possible. Investors should maintain caution before the market shows comprehensive stability. An accurate assessment of trading activity combined with price movement analysis at support regions and institutional market behavior will determine if a price recovery is possible

cryptonewsland.com