$Mantra Coin 2025: The LUNC-Style Collapse That Shattered Trust Again
History has a brutal way of repeating itself — and in 2025, the Mantra Coin crash echoed the infamous fall of LUNA Classic (LUNC). But this time, it wasn’t algorithm failure — it was a calculated rug pull by Mantra’s own CEO.
Mantra Coin launched with high hopes and bold claims: DAO governance, staking yields, and a vision for financial freedom. The marketing was slick, the branding was solid, and the CEO positioned himself as a DeFi messiah. Investors poured in. Influencers hyped it. Charts soared.
But then, just like LUNC in 2022, it all unraveled in days.
Except this time, it wasn’t a market crash — it was betrayal. The CEO drained the liquidity pools, deleted all public channels, and disappeared. The token plummeted 99% in hours. Holders were left staring at worthless coins and broken promises.
Just like LUNC, billions in value were wiped out. But unlike LUNC, which failed due to flawed code and UST depeg, Mantra was a premeditated con — a rug pull straight from the top.
The Mantra Coin collapse is now a warning chant in crypto spaces:
“From LUNC to Mantra, trust no hype — verify, or watch your wallet bleed.”