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

Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs

Published

34 minutes ago

September 24, 2026

US Treasury yields hit a 19-year high on Thursday, pressuring risk assets as Bitcoin held near $84,000 and ONDO became top performer among altcoins.

Coin Market

DoubleZero brings dedicated fiber market data to Hyperliquid traders

Published

2 hours ago

September 24, 2026

DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book.

Coin Market

Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC

Published

5 hours ago

September 24, 2026

The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings.