💥Mantra (OM) Sees 200% Rebound Amid Token Burn, But Investor Concerns Persist❗
Pattoki, Pakistan – April 24, 2025 – Mantra (OM) has staged an explosive 200% recovery following a sharp 90% crash earlier this month, largely driven by a high-profile $160 million token burn, including a significant personal contribution from DAO founder John Patrick Mullin. This strategic move appears to have triggered renewed investor interest and speculative momentum.
However, despite the surge, skepticism remains high within the crypto community. Comparisons to the 2022 Terra/LUNA collapse are emerging due to the rapid rebound and lack of clarity surrounding the original crash. On-chain data revealing whale sell-offs during the burn adds to growing concerns about market manipulation and long-term sustainability.
Analysts warn that without transparent communication regarding the initial crash and clearer fundamentals, the rally may be short-lived. The Mantra team is under pressure to restore trust and validate its tokenomics to avoid a deeper downturn.
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