Mantra

OM token crashes 92% due to forced liquidations by centralized exchanges: MANTRA’s co-founder.

April 15, 2025 2 mins read

John Patrick Mullin, the co-founder and CEO of MANTRA, spoke about the sudden 90% drop in the price of the OM token. He explained that this decline was not due to any actions by the MANTRA team but was instead caused by “reckless forced closures” on centralized exchanges (CEXs) where the token is traded. Mullin pointed out that the crash happened quickly and without warning, suggesting that the exchanges acted

MANTRA (OM) token crashes by over 98%

April 14, 2025 2 mins read

The cryptocurrency token MANTRA (OM) experienced a dramatic drop in value, losing 98% of its worth in just under an hour. This sudden crash caused more than $6 billion to disappear from its market cap, with the price plummeting from nearly $6 to around $0.57. Many traders were unable to react in time to sell their holdings before the value collapsed. As news of the crash spread, users on the

MANTRA launches RWA savings vault powered by Ondo’s USDY

June 1, 2024 3 mins read

Dubai, UAE, May 31st, 2024 MANTRA, one of the world’s leading projects in the real world asset (RWA) tokenization sector of the digital assets industry, announced a major onchain product. This landmark event will feature two of the biggest players in the RWA space building deep liquidity support for RWA tokenization, an area of decentralized finance (DeFi) that has seen significant institutional interest this year.   MANTRA will feature Ondo’s flagship