Coin Market

Mantra token price collapses by over 90% in 24 hours

Published

1 year ago

April 13, 2025

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.

Mantra token market cap and overview. Source: CoinGecko

Traders are characterizing the token collapse as an apparent rug pull. Market investor Gordon wrote: “[The] team needs to address this or OM looks like it could head to zero. Biggest rug pull since LUNA/FTX?”

However, the exact reason for the collapse of the OM token’s price is not clear at the time of this writing.

This is a developing story, and further information will be added as it becomes available.

Coin Market

Trump reveals up to $100K Strategy stock purchase in ethics filing

Published

19 minutes ago

September 23, 2026

President Donald Trump disclosed a July purchase of Strategy shares as his administration continues to advance crypto policy through federal regulators and Congress.

Coin Market

US stablecoin adoption could surge with bank-like protections: Visa survey

Published

1 hour ago

September 23, 2026

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Coin Market

NYSE, Blockchain.com in tie-up to bring tokenized US stocks to crypto users

Published

3 hours ago

September 23, 2026

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