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 […]
Bitget Burns 130 Million BGB Tokens: Driving Scarcity & Value Growth
In a move aimed at bolstering token scarcity and long-term value, Bitget has executed a substantial token burn event. The exchange permanently removed 130 million BGB tokens from […]
OM Token Soars 30% After CEO’s Token Burn Pledge
The OM token experienced a significant surge of over 30% after Mantra CEO John Patrick Mullin announced plans to burn a portion of his team tokens. This move […]
Mantra (OM) CEO Hints at Token Burn to Boost Project’s Value
The CEO of Mantra (OM), John Mullin, has suggested an expanded token burn program as a potential solution to revive the project’s reputation and increase the value of […]
BNB Chain Burns $916M Worth of BNB Tokens in Latest Quarterly Event
The BNB Foundation has successfully executed the 31st quarterly burn of its BNB tokens, removing approximately $916.07 million worth of BNB from circulation. This latest burn follows a […]
OM Token Price Surges Following CEO’s Token Burn Announcement
The Mantra token (OM) experienced a significant price surge of over 26%, rising from $0.50 to $0.7791 following its CEO, John Mullin’s announcement to burn his team tokens. […]
Mantra CEO Proposes Token Burn to Boost Investor Confidence
Mantra’s CEO, John Patrick Mullin, proposes a token burn initiative to address recent price drops and restore investor confidence. In response to the downturn in OM token prices, […]