While Bitcoin remains rangebound, several altcoins are drawing attention for their volatility, unlock events, or tokenomics challenges. Let’s break down the top three cryptos to track this week.
Last week, most of the crypto market hovered within a tight trading band as investors processed macroeconomic updates, including escalating tensions between President Donald Trump and Fed Chair Jerome Powell over monetary policy.
However, not all sectors stayed quiet — AI-related cryptocurrencies like Render, Bittensor, and AI Companions posted significant gains, attracting capital amid growing enthusiasm for artificial intelligence use cases.
For the week ahead, three standout projects to watch are Mantra (OM), Memecoin (MEME), and Pi Network (PI) — each facing a unique set of catalysts and concerns.
Mantra (OM): Volatility After the Crash
Mantra finds itself under the spotlight again, but for reasons that have raised investor eyebrows. The OM token collapsed from a yearly high of $9.50 to just $0.5938 last week — a brutal correction that left many holders stunned.
While Mantra’s team claimed the crash stemmed from forced liquidations by a large exchange, data analytics firm Arkham linked the event to aggressive token sales from insiders and early investors — an accusation the team denies.
To calm nerves, Mantra has committed to buying back OM tokens and carrying out token burns in the coming weeks, signaling an attempt to stabilize its token economy.
From a charting perspective, OM appears to be forming a bearish pennant, a continuation pattern that suggests a further drop may be coming. The next critical support level is $0.50, a zone many will watch closely.
Memecoin (MEME): Riding the Hype, Facing a Test
Memecoin has been catching bullish momentum, but a looming token unlock could spoil the party. The team is set to release $7.57 million worth of tokens, equivalent to nearly 8% of the circulating supply, in the coming days.
Historically, token unlocks result in short-term price declines due to dilution, even for strong-performing assets.
Interestingly, Memecoin’s price action has looked promising, climbing from $0.001388 to $0.002794 this month. The surge followed a falling wedge breakout, typically a bullish reversal signal, and a successful move above the 50-day moving average.
Still, caution is warranted. If sell pressure increases after the unlock, a pullback to the $0.0018 region — near the 50-period MA — becomes likely.
Pi Network (PI): Supply Fears Loom
Pi Network continues to struggle as its value declines and investor sentiment weakens. The token currently trades at $0.60, a far cry from its all-time high of $3, reflecting deeper worries over excessive token supply and distribution.
Over the next 12 months, the network is projected to release 1.58 billion new PI tokens, averaging 131 million per month — a massive inflationary force that could keep prices suppressed unless offset by new demand.
There’s also concern about centralized token allocation. According to the project’s tokenomics, 65 billion PI will be distributed to community participants, but another 30 billion is reserved for the foundation and core team — a setup that many view as overly concentrated in control.
Unless the Pi team addresses these structural concerns or brings new demand drivers into play, the token’s price may remain under significant pressure.
