{"id":127102,"date":"2025-04-13T20:16:21","date_gmt":"2025-04-13T20:16:21","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127102"},"modified":"2025-04-13T20:16:21","modified_gmt":"2025-04-13T20:16:21","slug":"mantra-token-price-collapses-by-over-90-in-24-hours","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127102","title":{"rendered":"Mantra token price collapses by over 90% in 24 hours"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours.<br \/>\nOn April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap.<br \/>\nMantra token market cap and overview. Source: CoinGeckoTraders are characterizing the token collapse as an apparent rug pull. Market investor Gordon wrote: \u201c[The] team needs to address this or OM looks like it could head to zero. Biggest rug pull since LUNA\/FTX?&#8221;<br \/>\nHowever, the exact reason for the collapse of the OM token&#8217;s price is not clear at the time of this writing.<br \/>\nRelated: Mantra unveils $108M fund to back real-world asset tokenization, DeFi<br \/>\nThis is a developing story, and further information will be added as it becomes available.<a href=\"https:\/\/cointelegraph.com\/news\/mantra-price-collapses-by-over-90?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours. On&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127102"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127102"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127102\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127102"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}