OM’s price crashed from above $6 to $0.37 on April 13, wiping out nearly all of its gains since its meteoric rise from $0.0158 in January 2024. The token reached a peak at $9 earlier this year.

Although the reason for the steep drop is not yet confirmed, speculation points to the project team potentially unloading their tokens.

No official statement has been released from Mantra or its co-founder John Patrick Mullin addressing these allegations.

$OM #OM