How Mantra's OM token collapsed in 24 hours of chaos

Mantra's OM - $0.384983494205418 token collapsed by more than 90% overnight, and the crypto world can't agree on why. On April 13, OM's price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry.The sudden crash drew comparisons to Terra's LUNA implosion as traders scrambled for answers.

Source: cointelegraph.com

Related symbols: OMUSD

2025-04-17 14:29:02 GMT.

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Price & Market Data

Price: $0.384983494205418

Volume 24h: $159,244,670.30

Market Cap: $372,217,127.82

Description

MANTRA (OM) is a cryptocurrency and operates on the Ethereum platform. MANTRA has a current supply of 1,669,836,800.2710192 with 966,839,185.1087043 in circulation. The last known price of MANTRA is 0.38369875 USD and is up 2.60 over the last 24 hours. It is currently trading on 295 active market(s) with $158,746,184.70 traded over the last 24 hours. More information can be found at https://www.mantrachain.io.