MANTRA CEO announced plans to burn 300 million OM tokens to stabilize market price after the recent massive price crash. OM token prices experienced over 90% decline on April 13 which eliminated more than $5 billion in market capitalization. CEO John Patrick Mullin intends to burn 150 million of his personal OM tokens to prove […]
Mantra (OM)
Mantra Unveils Token Buyback and Burn Strategy After Its Token’s Massive Price Crash
Mantra’s price is rebounding after it fell almost 90% this week. The token is also planning to burn so as to boost investors confidence, and the CEO plans to add his own tokens to help with the upcoming burn and support the project. The CEO, John Patrick Mullin, said the team is finalizing their plans […]
MANTRA’s OM 15X Surge Potential After Massive Crash
The MANTRA token OM remains down by 8% in the last 24 hours. Its recent collapse wiped out over $5 billion in market cap. Beginning on April 13, the token fell from over $6 to as low as $0.5 in just four hours. The ensuing incidents only added more fuel to the fire. Shortly after […]
Mantra CEO Vows to Burn $236M in Team Tokens After OM Crash to Rebuild Trust
Mantra is making a bold play to win back community trust. In a dramatic move, CEO John Mullin has announced the burn of $236 million worth of OM tokens originally allocated to the project’s core team. The announcement comes in the wake of a severe OM token price crash on April 13, which erased over […]
Inside Solana’s Viral Reward System: Earn SOL Every 5 Minutes?
The Solana blockchain and its native token, SOL, have picked up steam, aligning with the broader market resurgence. In particular, the blockchain’s Infinite Money Glitch (IMG) project is making waves due to its unique reward system, which distributes SOL to holders every five minutes. With its innovative reward mechanism, IMG is tapping Solana’s Token2022 program to attract […]
Will Pi Network Avoid OM’s Fate? Expert Issues Urgent Mainnet Warning
The cryptocurrency community is closely watching the Pi Network as concern grows after the shocking crash of Mantra (OM). Dr Altcoin, a cryptocurrency expert, has urged the PiCoreTeam to implement immediate safety measures to protect the value of the Pi currency. The warning arrives at a key period for Pi as the network stands ready […]
MANTRA Founder’s WiFi Excuse EXPOSED Before $227M Token CRASH
Mantra’s native token, OM, went on a nosedive, sparking concerns of market manipulation. As investors denied dumping the token, on-chain data showed $227 million in $OM were swiftly moved to exchanges ahead of the collapse. Strikingly concerning was MANTRA Chain founder, John Patrick Mullin’s alleged post a day before the incident. In the tweet on […]
MANTRA CEO Blames CEX Liquidations for OM Token Crash
John Patrick Mullin, co-founder and CEO of MANTRA, stepped forward to explain the jaw-dropping 90% plunge in the OM token, a crash that saw OM fall from $6.30 to just $0.37 within hours on April 13. In an official statement, the team said the sell-off was not triggered internally and pledged to share more details […]
MANTRA Up By 113% – Dubai License Hints at What’s Next
MANTRA, a RWA layer 1 blockchain, has secured the first Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This licence opens doors for global expansion within the UAE and the broader MENA region. Industry experts predict a 50-fold growth in Real-World Asset (RWA) tokenization, bringing real-world assets onchain. […]
MANTRA (OM) Surges 25% Amid Major Tokenization Deal, Bullish Momentum Points to $12 Target
MANTRA (OM) is making waves in the crypto market, experiencing a 25.44% price surge in the past 24 hours and solidifying its bullish trajectory. Over the past week, OM has climbed 18%, showcasing strong momentum that analysts believe could propel it to new highs. At the time of writing, MANTRA (OM) is trading at $4.44, […]