The Mantra token (OM), once a major player in the real-world assets (RWA) sector, experienced a dramatic collapse on April 13, 2025, plummeting by more than 90% from approximately 6.30 $ to less than 0.50 $ in just a few hours. This sudden turnaround wiped out over 5 billion dollars in market capitalization and sent shockwaves through the crypto community.
📉 What caused the collapse?