CRYPTO SHOCKWAVE: MANTRA (OM) DIPS OVER 91% IN ONE DAY

Project Blames Reckless Liquidations, Not Internal Flaws In one of the sharpest crashes in recent crypto market activity, MANTRA’s native token, OM, lost more than 91% of its value within 24 hours. The sudden sell-off triggered concern and speculation across major platforms and investors alike.

Market Highlights:

OM/USDC trading overview on Osmosis: The price is $0.4843 with significant changes, showing a 91.87% decrease over 24 hours. The liquidity stands at $513K, market cap at $447.6M, and volume at $1.5M across 4,404 transactions.

MANTRA addressed the situation in a public statement on X (formerly Twitter), assuring the community that the project’s fundamentals remain sound. (Click Link Below for full announcement from their website)

> "Today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team."

The statement garnered over 671K views, and hundreds of reposts, signaling the intense attention surrounding the incident.

The team promised a full investigation and more information soon.

Stay Informed.

We’ll continue tracking this story as it develops.

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