$OM Token: From hero to “rekt” – can #mantra recover? 🧨📉
The recent collapse of Mantra’s OM token shocked the crypto scene:
Over 90% crash in hours – triggered by mass liquidations and low liquidity.
🔥 CEO burns 150M personal OM tokens to restore faith
🧹 +150M more from partners: a total 300M OM token burn
🎯 Goal: reduce supply, increase staking rewards, rebuild trust
But critics say:
Tokenomics still look shaky.
Is this a redemption arc – or just a temporary patch?