MANTRA OM Token Plummets 90%: Exchange Liquidations Wipe $71M as Project Denies Wrongdoing
April 14, 2025
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MANTRA’s OM Token Collapse Sparks Market Chaos The OM token, a cornerstone of the MANTRA blockchain ecosystem, lost over 90% of its value in a single day, erasing $5.5 billion in market capitalization and triggering $71.8 million in investor liquidations. The sudden crash, which saw OM drop from $6.30 to