The cryptocurrency market is experiencing changes in May 2025. Different assets such as Mantra (OM), SUI, and BlockDAG show varied stages of stabilization and growth.
Mantra (OM) State After Sharp Decline
Mantra's OM token faced a significant drop in April 2025, plummeting from $6.30 to $0.37 in just 24 hours. This was attributed to cascading liquidations and overleveraged trades. Currently, OM has found some stability, hovering around $0.40, with an RSI reading below 20 indicating potential for recovery.
SUI's Potential After Pullback
The SUI token recently shed 10% following a 70% price surge, leading to discussions on whether this was a reversal or a consolidation phase. Technical indicators suggest consolidation. Should SUI break through short-term resistance, price targets around $3.90–$4.00 could be in play.
BlockDAG's Success and Daily Rewards
BlockDAG continues to generate interest with over $226.5 million raised in its presale. Through its Buyer Battles program, BlockDAG distributes 25 million coins daily, creating competitive conditions for buyers.
Thus, Mantra and SUI exhibit different approaches to recovery after recent declines, while BlockDAG significantly stands out due to its transparency and structured participation in the presale.