Shocking Decline of Mantra (OM) Token

The recent crash of the Mantra (OM) token, which fell from $6.30 to below $0.50, has set off alarms in the crypto market. Losing over 90% in value wiped out more than $6 billion from its market capitalization, leading to intense scrutiny and allegations of market manipulation.

Accusations are flying, with many suggesting collusion between market makers and centralized exchanges (CEXs). The implications of this incident could reverberate through the crypto community, altering perceptions and strategies moving forward.

In conclusion, the Mantra situation serves as a critical reminder of the inherent risks in the crypto landscape. Stakeholders should remain aware of these developments and consider their impact on future investments.