Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of the underlying ...

Whale selling preceded OM crash, but CEO denies insider trading The crash did not happen due to the sale of OM tokens by the team, the MANTRA Chain Association, advisors, early backers, or any ...

On April 13, Mantra’s OM token experienced a catastrophic collapse, plunging over 90% from approximately $6.30 to below $0.50 within an hour. The sudden drop erased more than $5 billion in ...

On Apr. 13, the price of the Mantra Chain (OM) token dramatically tanked by more than 90% to as low as $0.456472. Mantra is a well-known blockchain for real-world asset (RWA) tokenization.

April 13 (16:00–18:00 UTC) Mantra’s OM token was trading sideways throughout the day. It dropped from $6.14 to $5.52 during this two-hour window. April 13 (18:00–20:00 UTC) ...

Over the weekend, crypto traders were likely anything but zen, as the price of OM—the native token to the Mantra blockchain—crashed more than 90%. On Sunday, OM prices fell from around $6.30 ...

In one of the most dramatic implosions in recent crypto events, MANTRA’s OM token crashed 90% within hours, wiping out over $5.4 billion in market value. The price collapsed from $5.21 to $0.50 ...

The cryptocurrency market was rocked by an unexpected and very negative event: the Mantra (OM) token, which is linked to a blockchain platform for tokenizing real-world assets (RWAs), collapsed by 90% ...

Mantra has also launched its Ethereum Virtual Machine (EVM)-compatible testnet, OMSTEAD. The OM token tanked by more than 90% to as low as $0.456472 on Apr. 13.

Mantra (OM) has recently become a key player in the real-world asset (RWA) token sector, witnessing a remarkable 185% increase in value over the past 30 days.