As of May 14, 2025, the Mantra (OM) token is making a strong comeback after last month's dramatic crash. Currently trading at around $0.438959, OM has gained about 2.5% in the past 24 hours ๐โa sign that investors are taking notice again.
This recovery follows a shocking 90% crash in April ๐ฑ, when OMโs price plummeted from over $6 to under $0.50 within hours. Billions in market value vanished due to massive forced liquidations on centralized exchanges, sparking panic and accusations of market manipulation โ ๏ธ.
In a bold move to restore trust, Mantraโs founder, John Patrick Mullin, burned 150 million OM tokensโan incredible 99.5% of his personal holdings ๐ฅ๐ฎ. The team also launched a $108 million ecosystem fund to support development and attract new partners ๐.
Whatโs fueling the rebound? One major factor is growing excitement around Real World Asset (RWA) tokenization ๐๐ช, where Mantra is actively building. This trend is drawing more attention to OM as a key player in the evolving crypto landscape.
While the recent surge is promising, experts warn that OM is still a highly volatile asset โ๏ธ. Investors should stay alert, do their research, and manage risk carefully ๐ง ๐.
Bottom line: OM is back in action with strong momentum โก, but the road ahead remains uncertain. Watch closely!
