MANTRA Launches Investigation into OM Token’s 92% Price Drop – What’s Next?

MANTRA investigates the 92% OM token price drop on 13 April to boost market stability. Forced liquidations and low trading volume caused the sharp OM token price decline. MANTRA announces token buyback, burn initiative, and transparency to support holders. MANTRA has launched an analysis of the OM token’s sharp 92% decline on April 13th, which sparked significant concern among the token’s community. The sudden drop, occurring around 18:28 UTC, caught token holders off guard and raised alarms due to its unprecedented nature. In response, the MANTRA team initiated an investigation to determine the underlying causes of the price movement and to confirm the current circulating supply of OM tokens. This effort aims to address community concerns and reinforce the market’s future stability. In response to the significant and unexpected downward price action experienced by the $OM token earlier this week, our team has compiled this fact-based assessment. It addresses our community’s questions and outlines measures to strengthen market resilience. Our investigation… pic.twitter.com/v0HzaKiDHD — MANTRA | Tokenizing RWAs (@MANTRA_Chain) April 16, 2025 ERC-20 Toke… The post MANTRA Launches Investigation into OM Token’s 92% Price Drop – What’s Next? appeared first on Coin Edition .

Source: Coin Edition