#USChinaTensions

As of April 21, 2025, the MANTRA (OM) token is trading between $0.60 and $0.65 USD, reflecting a significant drop of over 90% from its peak of $9.00 in February 2025. This sharp decline occurred on April 13, when OM’s price plummeted from over $6 to below $0.50 within hours, erasing more than $5 billion in market capitalization.

The crash has been attributed to a combination of factors, including alleged insider sell-offs and aggressive liquidations on centralized exchanges. The MANTRA team has denied any internal wrongdoing, suggesting that external market forces were responsible for the downturn.

Currently, OM has a market cap of approximately $584 million, with a 24-hour trading volume exceeding $219 million. Despite the recent turmoil, some analysts believe MANTRA’s focus on real-world asset tokenization and decentralized finance could aid in its recovery—though the path forward remains uncertain.

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