Cryptocurrency Mantra ($ OM) falls 90% and investors accuse the team of billionaire Coup

Another collapse of the cryptocurrency market, where the tokenmantra ($ om) on Sunday (13) falls by 90%, which eliminates more than $ 5 billion in market value.

The surprise trap caused panic among investors and revealed that the team would have applied a pull carpet behind the project – when the developers sell their tokens themselves and leave the project.

📉 For collapseFor $ OM was negotiated at around $ 6.30 and a capitalization had almost $ 6 billion. Within a few minutes the price fell to less than $ 0.50, so the community remained surprised and unanswered.

The episode with the name “Mantra” shoots in X (Twitter) and Reddit, with direct comparisons with the collapse of the Earth Ecosystem (Luna) in 2022.

👥 accusations of rug and escape from developers

Different evidence indicate a possible blow that is performed by the Mantra team itself.

Community reports indicate that around 90% of the circulating stock of token would have been dumped in one go by addresses linked to the development team.

Shortly thereafter, the official telegram group of the project was removed – a typical movement in such fraud, when the controller disappears to prevent charges and questions.

Reddit, Twitter users and on-chain analysis platforms pointed to unusual movements of large $ OM volumes for exchanges before they collapse.

In addition, enormous sales volumes were registered on Dex’s such as Uniswap, where more than $ 6 million in tokens were settled within a few hours.

No technical failure or hacker attack was reported, which strengthens the hypothesis that it was a deliberate action by the founders themselves.

Luna Luna 2.0?

90% of the Mantra offer $ To dumped on the market.

Official group on the removed Telegram. pic.twitter.com/wofxucdgyo

– LiveCoins (@livecoinsbr) April 13, 2025

Losing total silence and billionaire

Until the moment of publication of this article, no official statement was released by those responsible for the mantra. The website of the project is still active, but social channels remain silent since collapse.

The absence of statements led investors to classify the case as a real blow, with losses that are already more than $ 5 billion.

💬 “Greatest pull back of Luna”wrote a user on Twitter. “The Mantra team must be behind bars. This is a crime”Another commented.

$ 6 billion wiped out in 30 minutes $ To

This is the fate for every altcoin, whether you like it or not

Crypto is for trade. Non -investment

This industry is based on selling dreams on building on worthless scam

You can polish a turd, but the end of the day

It is still a piece of shit. pic.twitter.com/tdqfbw0osh

– Brandon Hong (@brandank_cr) April 13, 2025

Some investors report that scholarships have temporarily suspended negotiations during the fall, although there is no official confirmation of permanent disorders so far.

🗓️ Storten timeline

• April 7, 2025: Project announces $ 108 million to stimulate the ecosystem and to increase market expectations.
• April 13, morning: Token to be negotiated for more than $ 6, with market value around $ 6 billion.
• April 13, 12.00: Large to be dumped on the market. Price drops under $ 1.
• April 13, afternoon: Value reaches $ 0.50. The official group of Telegram has been removed. Community accuses bladder.
• April 13, night: No official team statement has been published.

It is not thrown away that they will occur in the coming days. Removes or suspend changes usually on or suspend if it is clear that it is a blow or that those who are responsible have left the project.

Conducted investors are already printing for action – either of the platforms or authorities mentioned. In the community, possible legal measures against the founders of the Mantra, on the basis of fraud and market manipulation.

Short -termTrust in the project was destroyed: Although token is still technically available for negotiation, the market consensus is that at $ it has become virtually insolvent after the episode (care to zero).