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Dubai, United Arab Emirates, April 18, 2025, Chainwire
SitThe second largest cryptocurrency exchange according to the amount of trading, has published comprehensive Social feelings analysis In collaboration with Crypto Market Intelligence platform SinglentDiscovering critical insights into two contrasting narratives currently shaped by a crypto landscape: unprecedented collapse of a manto token and growing optimism surrounding the potential XRP ETF approval. A mixed image on the background of paradigm shifts in macroeconomics led to the market polarization, the report states.
Key findings:
- The Manto token experienced a catastrophic drop in the price of 90% on April 13, 2025, deleting more than $ 5.4 billion in market boundaries. The project blamed it for forced liquidation with exchanges, while an analytics on the chain discovered suspicious trade activity before collapsing.
- Meanwhile, Teucrium’s starting of the first US XRP ETF (Ticker: XXRP) generated more than $ 5 million in volumes on the first day of trading, which reflected growing institutional interest rates.
- Analysis of Social Media’s feelings shows dramatically divided by investors after these development
Om falls – controversy
The report describes in detail how the Manto token dipped 90% with $ 6.35 to $ 0.37 within hours, reducing its market limit from $ 6.11 billion to $ 683 million. While executive director Mullin invited exchanges for “reckless forced liquidation” during a period of weak liquidity, the chain data discovered a suspicious activity before the crack with 43.6 million OM tokens ($ 227 million) in exchanges for 17 wallets just before the price drop.
The trust was further eroded when the manto’s telegram group disappeared after a crack, encouraging speculation about the mat. OKX has launched an investigation into suspicious activities dating from March. Despite the modest recovery up to $ 0.73 by April 15, the confidence of investors remains broken. The Manto Plan for Recovery, including the bounces of Token and the community engagement through its Ecosystem Fund in the amount of $ 109 million, is facing wide skepticism.
XRP Spot ETF – Required to increase confidence
XRP appeared as a leader for the next American approval of ETF, and Teucrium’s first US XRP Fund to trade (XXRP) celebrated a successful launch day. According to Kaiko Indexes, XRP leads with ten active ETF applications, boasting the highest average depth of 1% of the market among the main Altcoin – a crucial Factor for ETF functionality. Market optimism focuses on the Decision on May 22. On Greyscale’s XRP Spot ETF app, and analysts look at the level of keys to $ 2.24 and $ 2.38. XRP attracted more than $ 31.8 million in net exchange this week (the third highest 2025). Ripple’s bold projections expect tochenized property markets to grow to 18.9 trillion by 2033, with $ 0.6 today.
The report also emphasizes the wider macroeconomic factors that affect the market mood, especially liquid tension in American and China, as the world is caught in tariff threats. Although the markets have experienced a short break in recent days, the fundamental threat to global holdings remains present, while investors and policy creators have fasted for the next development in this trade saga.
Since BTC is located in a relatively stable range of between $ 83,000 and $ 86,000, participants in the market are closely observed by the upcoming Federal Reserve meeting on May 7th, where 54% likelihood of reduction of the rate could further influence the market dynamics.
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