Mantra (OM) Crashes Over 90% in 24 Hours – Is This the Next Big Rug Pull?
The Mantra token (OM) has completely collapsed, dropping from around $6.3 to under $0.50 in just one day — wiping out over $6 billion in market cap.
Traders are calling it the worst collapse since LUNA and FTX. Some even believe this might be a rug pull, although the reason behind the crash is still unclear.
This comes just days after Mantra announced a $108M fund for real-world asset tokenization. Now, the same token is nearly worthless.
While panic spreads, many investors are asking:
Is OM going to zero? Or is this a massive manipulation event?
This is a developing story — stay alert and manage your risk wisely!
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