CrispyBull

Mantra’s OM token plunged over 90% within an hour, wiping out billions in market value and sparking widespread panic. While the team blames forced liquidations by centralized exchanges, on-chain activity and sudden supply changes have raised fresh concerns about transparency and insider involvement.

A high-leverage short on the thinly traded JELLY token triggered a $20 million loss on Hyperliquid, shaking trust in one of DeFi’s fastest-growing platforms. The incident reignited debate over whether decentralized protocols can truly protect users from manipulation without resorting to centralized interventions.

Despite Dogecoin’s price decline, on-chain data reveals a surge in network activity, with active addresses reaching a four-month high. While this signals strong user engagement, financial analysts warn that Dogecoin’s speculative nature and growing whale accumulation could contribute to further market volatility.

The SEC’s decision to classify memecoins as collectibles rather than securities provides regulatory relief for these tokens, but it does not eliminate scrutiny over fraudulent activities. While memecoin projects avoid the burdens of securities law, the agency has reinforced its commitment to cracking down on deceptive practices, leaving investors navigating both newfound freedom and heightened enforcement risks.

The $LIBRA memecoin scandal has rocked the Solana ecosystem, triggering a sharp drop in SOL’s price and raising serious concerns about the platform’s vulnerability to fraudulent token launches. As investor confidence wavers, Solana faces mounting pressure to strengthen its token vetting processes to prevent future controversies.