Mantra vs Terra Luna: Comparison of

token collapses

The recent collapse of the Mantra token (OM)

generated comparisons with the collapse of the

Terra ecosystem in May 2022. However,

experts argue that the two incidents are fundamentally

different, as the collapse of Mantra is

attributed to mismanagement or negligence

rather than systemic failures. The OM token

dropped 92% in a single day, while the

collapse of Terra was more gradual and resulted from the

failure of its algorithmic stablecoin. Despite

the visual similarities in the price charts, the

structural differences between the

projects are significant. The recovery

of Mantra after the collapse indicates a

real demand and community belief, unlike

the situation of Terra.