In News That Further Complicates Matters for Crypto as It Struggles to Maintain Market Momentum

In news that further complicates matters for crypto as it struggles to maintain market momentum, Mantra's OM token has nosedived 90%

In an update that further complicates matters for crypto as it struggles to maintain market momentum, Mantra's OM token has seen a 90% price crash following controversy surrounding an alleged insider sell-off.

The token, once celebrated for its efforts to tokenize real-world assets and its partnerships with Google Cloud and Dubai's DAMAC Group, has now sharply declined from $9 to $0.50—a move that certain users on social media claim was initiated by the development team or the associated market-maker.

As OM continues to lose ground, the hunt is now on to find the best crypto to buy now—a project with a stronger team, better upside potential, and the ability to reignite investor confidence.

Mantra Is Fundamentally Strong, Says Mantra Team

The fall of Mantra from $9 to $0.50 shows clear signs of investors being rugged. As crypto influencer ZachXBT bluntly put it: "There’s no question it was a heavily manipulated token via MMs / supply control."

The project seems to have followed a "vanishing" trend amidst current market conditions. However, that hasn't stopped some believers from standing by it, especially given its past partnerships with global tech giants, which helped it establish a sense of legitimacy.

One user, Skoobie, said on Telegram:

"The fun part is that people who don't hold a single $OM are screaming loudest of all. This dump made a lot of people happy I think, so they have something to talk about like experts in their boring life. See you guys in 6 months when MANTRA is above 6 dollars where it was 👋🏼👋🏼"

And now, the Mantra PR machine has kicked in to salvage the situation. JP Mullin, Mantra Chain's co-founder, said on X that the OM market movements were triggered by "forced closures initiated by centralized exchanges on OM account holders." He stated the team is not responsible for the crash and added, "Mantra is fundamentally strong."

Following the token's dip to $0.50, a panic rally temporarily pushed its value back up to $0.75 at the time of writing. The token's market cap has now dropped below the $1 billion mark. Given that this crash occurred just days after the launch of its ecosystem fund and amid a backdrop of deeper rug-pull suspicions, doubts around the project are growing louder.

Therefore, regardless of the team's assurances, the crypto community's instincts—sharpened by years of experience—have often proven accurate. And now, with the market gripped by fresh volatility following Donald Trump's return to headlines, and clearer signs of price manipulation surfacing, the rug-pull suspicions many hold may carry more weight.

That said, the truth is still unraveling. In the meantime, investors would be wise to look elsewhere for better opportunities—and begin their hunt for the best crypto to buy now.

Best Crypto To Buy Now

OM's recent dip clearly shows that even the arrival of tech giants isn't a guarantee of a project being a safe haven. However, this should not make people apprehensive about the cryptocurrency market. There are still several promising projects that are making a real difference, and some among them are giving users a chance to capture massive early gains.

SUBBD

While OM gained momentum by tokenizing real-world assets, SUBBD is gaining traction by providing real-world utility. Its low market cap, combined with AI-driven perks targeting an $85 billion market, makes it a stronger cryptocurrency investment.

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SUBBD is a content creation platform that allows creators to upsell their work and take advantage of AI tools to perform both administrative and creative tasks. Users can create AI influencer models to generate content and fulfill customer requests in an evolving creator economy.

SUBBD also offers the decentralized payment advantage, ensuring creators retain a larger share of the revenue. Additional perks—such as credit-based systems—will give them early access to new features and allow them to test tools before full launch.

Fans of these creators will be able to collaborate and access exclusive content. The addition of a gamification module will further enhance fan engagement, offering even more premium experiences.

Having raised upwards of $160K during its presale, SUBBD may not have shown the same virality as a meme coin, but its long-term utility outweighs the short-term hype—and could potentially give investors outsized returns over time.

The YouTube channel "Bitcoin and Altcoin Analysis" recently highlighted SUBBD as a potential 100x gains opportunity for early investors:

BTC Bull

OM's crash is also a reflection of the fact that while Bitcoin has remained stable above the $84K mark following its recent rebound, it seems BTC bulls are far stronger than OM bulls—one of the reasons why BTC Bull, a meme