MANTRA Crypto Plunges 90%, Sparking LUNA-Style Panic

The cryptocurrency market experienced a massive shock this week as the MANTRA (OM) token plummeted by over 90% in a single day. This dramatic crash, reminiscent of the infamous Terra LUNA collapse, has left traders bewildered and worried about further price drops. Notably, unlike LUNA, which saw some buyers enter the market hoping to profit from the subsequent dip, OM currently shows no sign of recovery. Instead, selling pressure continues to dominate, with technical charts indicating minimal buying interest. 24% lower today after a week-long surge, the token has wiped out $5.4 billion in value. Experts and traders alike are closely watching this unfolding situation.