Despite a bullish altcoin market, Mantra (OM) faced an astonishing 90% crash over just seven days. Prices plummeted from approximately 6.41 USD to around 0.69 USD. Speculation involves potential stealth dumping or forced liquidations stemming from significant transfers before the crash.

Experts are analyzing factors that contributed to this decline, including centralized exchange dominance and low liquidity. While some believe there may be a path to recovery, current technical indicators signal bearish trends for OM, sitting below 0.70 USD and with a low RSI of 36. The future remains uncertain as traders assess the situation and consider the potential for a comeback.