Mantra token price collapses by over 90% in 24 hours
The price of the Mantra token has collapsed in what some traders are calling the most significant project collapse since the LUNA crisis.
Update (4.13.2025 22:02:20): This article has been updated to provide updates from the Mantra team
The price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours.
On April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap.