May 14, 2025

MANTRA’s Double Burn: 300 Million OM Tokens to Be Destroyed Post-Collapse

1 min read

According to the team, MANTRA CEO and founder John Patrick Mullin is burning his entire 150 million OM token allocation—worth approximately $87 million at current prices—in a bid to restore trust following the token’s historic 90% collapse last week. The move comes as OM trades at $0.5832, down 90.4% over the last two weeks. OM

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Source: Bitcoin.com

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