TheStreet.com

Mantra's OM token crashes 90%, founder blames exchanges

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. The token ...
Forbes

MANTRA’s $5.4B Crash: How Supply Control Set The Stage For Disaster

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 over ...
TheStreet.com

Mantra co-founder JP Mullin explains 90% OM token collapse

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 blockchain ...
CoinDesk

Mantra’s OM Crashes 90% in Bizarre Sell-Off as Team Alleges 'Forced Liquidations'

Crypto traders were reminded of Terra’s LUNA early Monday as trendy real-world asset upstart Mantra’s OM token dropped 90% within hours on no sudden catalyst — with conspiracy theories and allegations ...
CoinDesk

Mantra Plans 'Comprehensive Burn Program' of OM Following 90% Crash

Real-world asset project Mantra plans to create a comprehensive burn program for its OM token, CEO John Mullin said in an X post Wednesday. Mullin was responding to a post which said he was planning ...