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⇘ MANTRA's Token Recovery Efforts Post 90% Crash: Aims at Comprehensive Token Burn and Rebuilding Trust

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MANTRA's Token Recovery Efforts Post 90% Crash: Aims at Comprehensive Token Burn and Rebuilding Trust

MANTRA is preparing to tackle a tumultuous period following a 90% crash of their OM token, with heavy skepticism surrounding the liquidity of the cryptocurrency market as Mantra's value fell from billions to millions within minutes--prompting severe backlash from investors. The crash was linked to high-risk exchange policies culminating in a 'flash crash' due to the 'reckless liquidations' of tokens.

In response, MANTRA announced a massive $25 million buyback scheme of their token in an attempt to restart their market value and attempt to rebuild their tarnished reputation in the industry. Despite these measures, Mantra struggled to regain the trust of investors. Their CEO was forced to rebuff allegations of insider trading while struggling to rejuvenate the token value following the heavy loss.

However, MANTRA refused to take sole responsibility for the crash, blaming certain exchanges for the precipitous downfall. Nevertheless, the community remains wary as open questions surround the backend dealings of the firm.

In a bid to win back community trust, the MANTRA CEO plans to conduct a 'token burn' of his personal OM allocation, which amounts to a sizable $82 million; the company aims to burn a total of 300 million tokens. A strengthening of MANTRA's resilience is still far off following the severe crash, sparking rumors of the imminent announcement of a comprehensive token burn plan, another safety measure to try and control the severe market fluctuation.

How these measures will influence the future of MANTRA's token price remains to be seen, as investors continue to be on edge. Future plans further include the Middle Eastern DAMAC's $1 Billion collaboration, using MANTRA's chain for tokenization amid this chaos could be an innovative step forward, reiterating that MANTRA is more than a 'meme coin'.

MANTRA Token News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Wed, 17 Sep 2025 14:14:01 GMT - Rating -4 - Innovation 2 - Information 3 - Rumor -2

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    With major developments and partnerships underway, the crypto asset **MANTRA (OM)** has been receiving substantial attention. Predicted to become a...
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  • ⇑ A Comprehensive Summary of MANTRA (OM) Token Developments

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  • ↝ 2024 in Sight: Exploring MANTRA Token's Thrust into Mainstream Crypto and Real-World Assets Tokenization

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    MANTRA , symbol OM , is making waves in the crypto market, with numerous significant events and movements affecting its performance. Predictions...
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  • ⇑ MANTRA (OM) Thrives Amidst Massive Partnerships, Market Optimism, and Commitment to Real World Asset Tokenization

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    MANTRA or OM , a token focused on real-world asset tokenization, continues to make remarkable strides in the blockchain space. In a bid to break...
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  • ⇑ MANTRA's OM Token on the Rise: A New Beacon in the Cryptocurrency Market

    ⇑ MANTRA's OM Token on the Rise: A New Beacon in the Cryptocurrency Market

    MANTRA is gaining traction in the cryptocurrency market, with the OM token approaching $1 and being hailed as a top crypto gainer time after...
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  • ↑ MANTRA Token: Fuelling Growth in Real World Asset (RWA) Space

    ↑ MANTRA Token: Fuelling Growth in Real World Asset (RWA) Space

    Mantra , the real world asset (RWA) token, has been witnessing an uptick as it approaches $1 . As its price retraces to lower levels,...
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  • ⇑ MANTRA Token sees Bullish Projections amid Real-world Asset tokenization and Staking Rewards Surge

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    MANTRA (OM) is making significant strides in the cryptocurrency market, highlighted by collaborations, price surges, forthcoming opportunities,...
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  • ⇗ Elevating The Real-World Assets Tokenization Horizon: Unfolding The MANTRA (OM) Token's Potential and Market Impact

    ⇗ Elevating The Real-World Assets Tokenization Horizon: Unfolding The MANTRA (OM) Token's Potential and Market Impact

    MANTRA (OM) the innovative cryptocurrency, the center of discussion, is predicted to show steady price growth with a possible surge in value...
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  • ⇑ RWA Tokenization Meets Traditional Finance: MANTRA Token Commands Bullish Attention

    ⇑ RWA Tokenization Meets Traditional Finance: MANTRA Token Commands Bullish Attention

    The crypto market appears to be quite bullish on the MANTRA (OM) token, as seen from several articles promoting its investment potential. Major...
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  • ↑ Unprecedented Upward Trend: Is MANTRA Token Set for New Heights in the Crypto Space?

    ↑ Unprecedented Upward Trend: Is MANTRA Token Set for New Heights in the Crypto Space?

    MANTRA (OM), a notable player in the cryptocurrency market, reveals plans to tokenize approximately $500M worth of real estate assets for UAE...
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MANTRA Token - News Analyzed: 5,992 - Last Week: 100 - Last Month: 500