As Bitcoin trades sideways and AI coins dominate headlines, other altcoins like Mantra, Memecoin, and Pi Network are facing major turning points this week.
While most major cryptocurrencies stayed within a narrow range last week, artificial intelligence-focused tokens stood out, with names like Render, Bittensor, and AI Companions delivering strong double-digit gains. The excitement around AI continues to spill into Web3 narratives.
However, three other tokens — Mantra (OM), Memecoin (MEME), and Pi Network (PI) — are poised for big moves in the days ahead due to critical events and market developments.
Mantra (OM): Caught Between Panic and Recovery
Mantra’s price action has turned heads — and raised concerns. The token fell sharply from a yearly peak of $9.50 down to $0.5938, a drop that some blamed on large-scale liquidations, while others pointed to strategic token dumping by insiders.
The Mantra team has denied allegations of insider selling and announced plans to burn tokens and initiate buybacks to regain community trust and reduce circulating supply.
On the technical side, OM is showing signs of forming a bearish pennant pattern, which suggests more downside could be on the horizon. The key level to watch is $0.50, a major psychological and historical support.
Memecoin (MEME): Momentum Meets Supply Pressure
Memecoin is back in action, rallying from $0.001388 to $0.002794 after forming a textbook falling wedge breakout, backed by strong technical support and renewed meme-driven enthusiasm.
But despite the rally, a large token unlock is imminent. The protocol will release $7.57 million worth of new tokens, adding 7.96% to the current circulating supply — an event that could lead to a short-term price correction.
If sell pressure hits the market, the coin may test its 50-period moving average, currently sitting around $0.0018.
Pi Network (PI): Tokenomics Under Scrutiny
Pi Network continues to draw criticism over its token release schedule and centralized ownership. The token trades at $0.60, down significantly from its peak of $3, with bearish sentiment deepening as more supply floods the market.
The next 12 months will see over 1.58 billion tokens unlocked, or 131 million per month, adding significant downward pressure unless met with fresh demand.
The token distribution is also a concern. While 65 billion tokens are allocated to users, another 30 billion are reserved for the foundation and core team, leading to fears of long-term centralization.
Unless these concerns are addressed transparently, investors may remain wary of PI’s upside potential.
