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 ...

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.

Mantra co-founder John Patrick Mullin says he was asleep when the OM token selloff started. By the time he was woken up in his hotel room, the token powering his real-world asset focused ...

Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash The tokens are part of John Mullin's team allocation that were staked when the network first started in October ...

The full implications of OM’s crash are still unfolding. As the Mantra team works to rebuild trust and provide clarity, the incident serves as a stark reminder of the volatility and risks ...

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 ...

Mantra's OM tokens experienced a dramatic 90% drop in value within hours, causing widespread speculation and concern in the crypto community. The Mantra team attributed the price drop to reckless ...

Laser Digital, a strategic Mantra investor, reportedly cashed out large amounts of OM tokens before the token collapsed on April 13, onchain data suggests. Mantra CEO denies insider OM token dump ...