Hello Token Metrics Community,

Welcome to your weekly dose of crypto market insights straight from our Premium Webinar on April 16, 2025! As always, we’re here to empower you with high-conviction research, deep dives on trending projects, and unfiltered market outlooks—whether you’re a seasoned investor or just getting started.

Here’s what went down this week:

Market Overview: Bitcoin Still King in a Bearish Phase 

The team kicked things off, addressing the sideways, bearish trend in the broader market. Ian expects Bitcoin to remain the safest play, standing by his previous cycle top prediction of $140-145K by 2026—assuming macroeconomic conditions stabilize later this year. Ayush also confirmed BTC as the anchor for portfolios looking for security amidst turbulence, emphasizing the long-term strength of Bitcoin over high-risk altcoins.

Mantra $OM – What Happened and What’s Next? 

The hot topic was Mantra $OM’s sharp decline—a staggering 90% drop. Both Ian and Abdullah unpacked the situation:

• Preliminary analysis suggests the collapse was triggered by leveraged positions and liquidations on Bybit and OKX, rather than internal team wrongdoing.

• The founder is responding transparently, launching buyback programs and promising token burns.

• Fundamentally, nothing about Mantra’s partnerships—like with the DAMAC real estate group—has changed, but recent events highlight how shallow liquidity can be, even in large-cap tokens.

• Key takeaway: Always be wary of market depth, not just market cap, and be proactive with portfolio management.

Deep Dives: The Real-World Assets and DePin Narratives. 

We explored two thriving sectors you should keep an eye on:

• Real World Assets (RWA): The team remains bullish, but recommends a cautious approach—OM may recover, but might not be viewed as an RWA blue chip by the investors.

• DePin (Decentralized Physical Infrastructure): Projects like Peaq and Andrina are seeing real-world traction, registering millions of devices and showing daily active growth. The team believes DePin’s moment is coming, especially as robotics and AI integrate deeper into society.

Project Spotlights & New Research

• Double Zero: A unique DePin play building decentralized fiber optic networks for blockchain and AI applications, backed by top-tier VCs.

• Farcaster & Warpcast: Decentralized social primed for growth with serious backing from a16z and Coinbase Ventures.

• Hidden Gems: Euler (lending), Saros (Solana DeFi aggregator), and the upgraded Sky Protocol (formerly MakerDAO) stood out for strong fundamentals.

• Code Review: Hyperbolic – a promising decentralized GPU platform making waves in the AI inference space.

Community Q&A Highlights

• The Cosmos ecosystem is struggling relative to the current cycle’s winners—Solana and Base chains.

• Robotics investment: The team recommends focusing on established stocks like Tesla and Figure, with crypto exposure coming indirectly through Deepin projects.

• SPV (Special Purpose Vehicle) Updates: The team is actively hunting for high-quality deals but prioritizes only bringing the most promising projects to the community.

What’s Next? 

Big updates! Expect new AI-powered indices and trading bots to launch in early May—these will introduce dynamic risk management and sector-specific strategies, taking your crypto investing to the next level.

Want more? Check out the Dune dashboard for Peaq, revisit our deep dive and hidden gems reports regularly, and keep asking questions; your feedback shapes the research!

Thank you for being part of the Token Metrics journey. As always, stay curious, stay cautious, and see you on the next webinar!

Onwards and upwards,

The Token Metrics Team

P.S. Ian will be speaking at MIT next week—let us know if you’re in town!

Webinar Recording