Mantra CEO plans to burn team’s tokens in bid to win community trust
17 Articles
17 Articles
CoinStats - MANTRA Token Slightly Resurges Amid Transpare...
The Mantra ($OM) token has recently gained attention from the crypto community for its resurgence. As per the market data, the Mantra ($OM) token has rebounded from the recent collapse that had pushed its value below the $1 mark. This shows a renewed investor interest that has resulted from the project’s management team concerning transparency. $OM Token’s Crash from $6.30 to $0.52 Leads to Chaos, Despite Slight Resurge The reports highlight tha…
Mantra CEO Commits To Burning $236M In Tokens After OM Price Plunge
On April 16, 2025, To regain trust in the troubled Mantra Network, CEO John Mullin pledged to burn all his team’s tokens distribution, in a dramatic move to win back the support of a disappointed community, Mantra took action after the OM token, the key to its real-world asset platform, crashed badly on April 13. The token’s price fell from $6.30 to just 52 cents. This huge drop wiped out more than $5.5 billion in value, leaving many investors s…
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