The price of the mantra token has collapsed on what some merchants have called the worst collapse of the project since the Luna crisis.
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The price of mantra (If) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has crushed more than 90% in the last 24 hours.
On April 13, the mantra fell from a price of approximately $ 6.3 to the bottom $ 0.50 and poured over 90% of its $ 6 billion market cap.
Mantra token market cap and general -Derer. Source: Co ringecko
Traders are introducing the downfall of the token as a bright pull of the rug. Market Investor Gordon write: “(The) team has to address it or the OM looks like it can head to zero. Largest rug pulls since Luna/FTX?”
This is a story development, and further information will be added as it is available.
