Will MANTRA Rebound After Massive Token Burn?

MANTRA’s price experienced a dramatic downturn last week, plummeting by over 90% and wiping out billions from the crypto market. This decline followed CEO JP Mullin’s announcement of a significant token burn to address the initial price plunge. Following this commitment, the MANTRA team has begun burning tokens owned by themselves and core contributors. The burn process will be completed in stages, with 150 million tokens being burned on April 29th, 2025.