Price drop across the board: OM shocks RWA down 44.93%

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On April 14, according to data from SoSoValue, cryptocurrency market sectors showed a downward trend. Notably, MANTRA's native Token, OM, sharply declined by 85.56%, leading to a 44.93% decrease in the RWA sector within 24 hours. A MANTRA representative stated that the decline was due to "indiscriminate liquidation" and was not related to the project team.

Additionally, Bitcoin (BTC) dropped 1.41% in 24 hours, causing its value to fall below $84,000. Ethereum (ETH) decreased by 0.25% but remained above $1,600. In other sectors, PayFi declined 1.12%, while Bitcoin Cash (BCH) and Litecoin (LTC) increased by 6.18% and 2.12% respectively.

The Layer1 sector decreased by 1.47%, with TRON (TRX) rising 4.18% against the trend. The CeFi sector dropped 1.65%, and the Meme sector declined 1.82%. However, Pepe (PEPE) performed strongly, increasing 3.39% in 24 hours. The Layer2 sector fell 2.92% and the DeFi sector decreased 3.05%, but Uniswap (UNI) and Sky (SKY) rose 2.20% and 2.54% respectively.

This information is solely for market reference and does not constitute investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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