OM Token Plunges 90%, Raising Questions About Forced Liquidation – MANTRA Responds

The native token of the MANTRA ecosystem, OM, suffered a dramatic and sudden price drop, plummeting over 90% within just four hours on Binance. This crash saw the token’s value fall from over $6 to as low as $0.37 before slightly rebounding to approximately $0.60 at the time of reporting—a staggering 93% decline from its all-time high of $9 reached earlier this year. This event has ignited speculation, with some investors alleging orchestrated dumps by the project’s core team. However, MANTRA denies any involvement in the price crash.