Mantra's OM token has experienced a dramatic crash resulting in a 90% decrease in its value. The
Mantra team has blamed this collapse on 'reckless liquidation' and questionable crypto exchange policies, which have left the market cap shrinking to $683 million. However,
critics have questioned the real reasons behind the crash, including potential
insider trading allegations. Despite this, the Mantra founder announced a personal commitment to recover OM's valuation, including a proposed burning of 300 Million team tokens to vindicate trust. Unfortunately, this announcement didn't prevent another drastic drop. Investors continue to remain bearish on
Mantra's prospects despite measures put in place, such as a $25 million minimum funding commitment and a move towards full liquidity migration. Although the
token's performance has shown slight resilience, the high possibility of another crash is widespread, leaving room for
speculation about the future of the token.
MANTRA Token News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Thu, 09 Oct 2025 16:42:45 GMT -
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- Innovation -6
- Information 5
- Rumor -2
