Mantra OM Token Crash
Mantra’s OM token likely crashed by over 90%. Losing around $5 billion in market cap in less than an hour. The team claims the crash was due to “reckless forced liquidations” by centralized exchanges, especially during low-liquidity hours. Over $74 million in liquidations occurred, impacting many traders, with some positions losing more than $1 million each. Mantra denies any team involvement and is...
Cryptocurrencies, DeFi, Front page, Mantra, Real World Assets (RWA)