Blockchain analysts can provide clues in investigating the Mantra’s OM crash, but definitive conclusions would require a full forensic study, according to a CertiK executive.
Mantra News
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The blockchain’s founder will burn 150 million OM tokens, reducing the total supply to 1.67 billion, with another 150 million from “key ecosystem partners” to also be burned.
11849 - Newsletter
Mantra’s OM token crash exposed “critical” crypto liquidity concentration issues, which may have exacerbated the coin’s collapse on Sunday, April 13, according to Bitget CEO Gracey Chen.
4411 - Analysis
Mantra OM’s sudden collapse is mapped out through a timeline of wallet moves, rumors and reactions.
2731 - News
Mantra’s OM token crash exposed crypto’s weekend liquidity risks and insider dumping concerns linked to major exchange activity, according to the CEO of Bitget.
3820 - News
Mantra released a post-crash statement on its OM token but offered little clarity while confirming buyback and burn plans to support the community.
9108 - News
Mantra CEO John Mullin says he will burn the 300 million locked-up OM tokens allocated to the network's team in a bid to win back the community trust after OM’s collapse.
5600 - Altcoin Watch
OM traders bought about 35 million tokens during the April 13 dumping hours, but analysts warn of a bull trap in the making.
1581 - News
Mantra’s comparison to the Terra Luna collapse is inaccurate despite price chart similarities because the token crashes are fundamentally different, crypto community members said.
9712 - News
Mantra CEO John Mullin has denied insider dumping and outlined plans for OM token recovery and ecosystem support after the token’s collapse, which could include buybacks.
11171 - News
Mantra CEO John Mullin denied reports suggesting there were insider sales by investors like Laser Digital before the 90% crash of its OM token.
15402 - Altcoin Watch
The OM price bounce appears eerily similar to what Terra's LUNA witnessed after its 99% crash in May 2022.
5189 - News
Blockchain analytics platform Lookonchain says at least 17 wallets deposited 43.6 million OM into crypto exchanges starting April 7, representing 4.5% of the circulating supply.
7808 - News
The price of the Mantra token has collapsed in what some traders are calling the most significant project collapse since the LUNA crisis.
34803 - News
The $108,888,888 fund will operate an “open-arms policy,” welcoming real-world asset tokenization and DeFi projects at all developmental stages.
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