$OM
Breaking News!
MANTRA co-founder to destroy OM tokens!
On April 16, MANTRA co-founder JP Mullin posted, emphasizing that he is destroying team tokens and will create a comprehensive destruction program for the other portions of OM supply.
Previously, the price of OM plummeted, shaking investor confidence. Mullin proposed to destroy the OM tokens he personally holds to turn the situation around. His tokens come from a reserve of 300 million team tokens, with a lock-up period until April 2027. Although the specific holdings have not been disclosed, Tokenomist data shows that he currently holds about 772,000 OM, which is less than 1% of the over 80 million circulating supply on April 15.
How much OM does Mullin actually hold? What will the destruction plan bring to OM? Crypto players are keeping a close eye!
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