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 […]
OM Token Plummets Despite Major Burn Announcement
Despite a substantial 150 million token burn, OM’s price continued to decline significantly, dropping another 5% within 24 hours of the news. This marks a dramatic 91% plunge […]
Mantra CEO Begins Process to Burn 150 Million Tokens
John Patrick Mullin, founder and CEO of Mantra, has initiated the process of burning 150 million of his OM tokens. This move aims to reduce token supply and […]
MANTRA CEO Burns 150 Million OM Tokens, Sparks Excitement in the Crypto Community
In a move that has sent ripples of excitement through the MANTRA community, CEO John Patrick Mullin has announced plans to burn a significant portion of his 150 […]
MANTRA Founder Burns $82 Million in OM Tokens After Significant Market Drop
John Patrick Mullin, CEO of MANTRA, a real-world asset Layer 1 blockchain, has announced a plan to burn approximately $82 million worth of his OM tokens. This move […]
MANTRA’s Token Burn: How the Company is Responding to Price Plunge
After experiencing a dramatic 90% price drop, MANTRA (OM) developers have announced a substantial solution to boost network security. The company’s CEO and founder, John Patrick Mullin, will […]
Mantra Chain Burns 300 Million OM Tokens to Stabilize Market & Restore Investor Trust
Mantra Chain has taken a decisive action to stabilize the market and address investor concerns following a significant decline in its OM token’s value. The company has announced […]
Mantra (OM) Burns Tokens to Rebound After Significant Price Drop
The token burn will immediately reduce the total supply of OM by over 16%, impacting the staking APY ratio. Staked tokens will fall from 571.8 million to 421.8 […]
Mantra Initiates $300 Million Token Burn to Rebuild Trust
In a move aimed at restoring confidence within the cryptocurrency community, Mantra’s CEO has announced a plan for a $300 million token burn of OM tokens. This initiative […]
MANTRA CEO to Burn $150M in Team Tokens to Boost Community Trust
John Patrick Mullin, founder and CEO of MANTRA, has taken a decisive step towards rebuilding trust with the project community by announcing the burning of 150 million team […]
Mantra Explores Token Burn Amidst Potential Altcoin Surge
Mantra is considering a significant token burn as the cryptocurrency market anticipates an altcoin rally in Q2, according to recent announcements from the project. This move could reshape […]
Mantra Considers Token Burn Amidst Market Rally
Mantra is exploring a team token burn as part of its overall strategy during the anticipated second-quarter altcoin rally, according to reports released on April 13th. This move […]
Will Mantra Reach $1 Again? Token Burn Proposal Sparks Discussion
Mantra cryptocurrency saw a dramatic price increase following the announcement of a proposal to burn 300 million of its OM tokens, owned by CEO John Mullin. The token […]
Will Binance Coin Burn Drive Prices Back To $600?
Binance has executed its latest quarterly BNB burn, totaling 1.5 million tokens worth $916 million. This action is part of a long-term plan to reduce the supply of […]
MANTRA Co-Founder Proposes Community Vote on Token Burn Strategy
MANTRA co-founder JP Mullin has initiated a Twitter poll seeking input from the community regarding the token burn strategy for team-held tokens. Following the announcement of the decision […]