Mantra Price Stumbles Despite Market Rally, Demand for Answers Persists

Mantra’s token price has faltered despite broader market gains, erasing early momentum due to persistent negative sentiment. After a sharp decline following the Mantra (OM) token’s recent crash, users are seeking answers regarding the cause of its volatility. The token traded below its 10-day and 20-day simple moving averages on Friday, May 9th, settling at $0.3667 after earlier gains. While a potential breakout was initially suggested, technical indicators and investor sentiment now point to a lack of momentum, with continued decline as the token struggles to regain lost ground.