#BTCRebound Tokens to Restore Trust After 90% Crash! 🔥**
According to the MANTRA team, **CEO & Founder John Patrick Mullin** is burning his **entire 150M #OM token allocation** (worth **~$87M** at current prices) following the token’s **90% collapse** last week. 📉
**📌 Key Details:**
- **Current OM Price:** **$0.5832** (Down **90.4%** in 2 weeks)
- **Tokens Burned:** **150,000,000 OM** (CEO’s personal allocation)
- **Goal:** **Restore investor confidence** after the massive drop
**🚨 What’s #OM Coin?**
OM is the native token of **MANTRA**, a **DeFi & RWA (Real World Assets) platform** built on blockchain. The recent crash has shaken the market, prompting this drastic move.
**💬 Community Reaction:**
- Some see this as a **strong trust-building step** 👏
- Others remain **cautious**, waiting to see if the market recovers 📊
**📈 Will This Boost OM’s Price?**
Burning such a huge amount **reduces supply**, which could help stabilize or increase OM’s value—but only time will tell! ⏳
**🔍 Stay tuned for updates!** #MANTRA #OM