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by: xpoolPosted on: April 22, 2025

Mantra CEO Burns $150 Million Worth of OM Tokens to Restore Trust

In a move aimed at boosting investor confidence and stabilizing the value of its native token, OM, Mantra’s founder and CEO, John Patrick Mullin, is beginning the process of unstaking 150 million tokens. This action will permanently remove these tokens from circulation and contribute to a larger recovery strategy following a sharp price decline on April 13th.

Related posts:

  1. Mantra (OM) Plunges: Binance Blames Liquidations and Token Supply Changes
  2. MANTRA Token Plunges After Sudden Market Crash, Blaming Centralized Exchanges for Liquidations
  3. MANTRA Token Plummets 90% After Sudden Crash; Team Points to ‘Reckless Liquidations’
  4. Mantra Token Crash: A Tale of Two Crashes, No Common Ground
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