MANTRA OM Token Crash and Recovery Analysis

🎢 OM's Wild Ride Continues

By MarsNext
Apr 17, 2025, 4:38 PM
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Photo by MarsNext

The MANTRA OM token experienced a severe 90% crash on April 13, 2025, dropping from $6.​30 to below $0.​50.​ The team attributes this to forced liquidations during low liquidity periods.​

Key points:

  • Market cap dropped from ~$6B
  • Team denies insider trading
  • Token has recovered to $0.​78 as of April 16
  • Large wallet movements observed pre-crash
  • DAMAC partnership ($1B) remains active

Current status:

  • Recovery shows promise but risks remain
  • Community trust issues persist
  • Team provided on-chain proof of locked tokens
  • Trading volume indicates continued market interest

Recommended actions:

  • Review holdings on exchanges
  • Monitor official channels
  • Consider adjusting stop-loss orders
  • Join upcoming AMA for updates
Sources
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