How Mantra’s OM token collapsed in 24 hours of chaos
Mantra’s OM token collapsed by more than 90% overnight, and the crypto world can’t agree on why. On April 13, OM’s price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry. The sudden crash drew comparisons to Terra’s LUNA implosion