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Crypto Price Today : Mantra OM Crash, Bitcoin Price,Gold Price, Metaplanet INC And More

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The post Crypto Price Today : Mantra OM Crash, Bitcoin Price,Gold Price, Metaplanet INC And More appeared first on Coinpedia Fintech News

April 14, 2025 06:43:26 UTC

Mantra Crypto Crashes 90%: Reckless Liquidations or Insider Panic?

MANTRA’s OM token plummeted 90%, wiping out around $5 billion in market value amid insider sell-off allegations. The crash saw OM’s price drop to $0.7748, down 87.66% in 24 hours, with a market cap of $751 million. Trading volume spiked 2979% to $2.25 billion. Co-founder JP Mullin denied abandonment rumors, assuring, “We are here and not going anywhere,” while sharing the team’s wallet. MANTRA attributed the collapse to “reckless liquidations,” distancing the team from direct involvement.

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