MANTRA Addresses Market Crisis with Token Burn

In April 2025, MANTRA co-founder John Patrick Mullin announced a significant move to address the project’s market downturn caused by a flash crash. To combat this crisis, he burned 150 million OM tokens from his own allocation, aiming to regain investor trust and stabilize the struggling token price. The burn represents an initial step towards rebuilding market confidence in MANTRA’s platform.