Mantra Coin Drops Below $0.32, Despite Token Burn and New Agri-Tech Partnership

Mantra Coin (OM) has continued to decline in 2025 following months of heavy sell-offs. This latest plunge comes after a dramatic 90% crash triggered by forced liquidations during periods of low liquidity on exchanges. The token’s value is now near all-time lows, trading around $0.3143, representing a 34.12% decline over the past month. CoinMarketCap data shows a market cap of $304.54 million and a 24-hour trading volume of $268.28 million – both figures reflecting increased volatility. Crypto analyst Ali Martinez shared on X (formerly Twitter) that OM’s value plummeted from over $6 in early 2025. The market crash was largely attributed to ‘reckless forced closures’ by centralized exchanges during periods of low liquidity. These sudden liquidations triggered a cascade effect, wiping out long positions and pushing the price down sharply. To address these issues, OM co-founder John Patrick Mullin announced a token burn of 150 million tokens from his personal allocation. This move aimed to stabilize the token and rebuild trust. The team also introduced governance upgrades and a testnet to re-engage developers and improve network resilience. Despite these actions, the market response has remained muted with OM struggling at the $0.32 level. Concerns remain among holders who are cautious amid the ongoing sell-off. Support levels have failed to hold, and trading volumes reflect panic-driven transactions rather than new investments. In a bid to reposition its ecosystem, MANTRA partnered with Dimitra, an agri-tech platform employing blockchain and AI technologies to support global farmers. The partnership focuses on tokenizing real-world assets (RWAs), starting with sustainable farming initiatives in Brazil and Mexico. These projects utilize Dimitra’s Connected Cacao platform, offering farmers tools like AI-driven soil analysis and regenerative agricultural guidance for enhanced productivity, traceability, and profitability through asset tokenization. MANTRA aims to bring these green agricultural assets onchain to unlock broader investment opportunities through blockchain infrastructure. Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should conduct their own research before making any financial decisions.