mantra-token-price-crash-web3africa

Why Mantra (OM) Crashed 90%: Inside the Liquidation Cascade

OM Token plunged 90% ($6.30 to $0.50) April 13 wiping $6B via forced liquidations. 17 wallets deposited 43.6M tokens before crash. JP Mullin blamed “reckless exchange closures.”
Dubai VARA license and $1B DAMAC tokenization preceded collapse. African traders face capital flight requiring diversification across Nigeria, Kenya, Ghana. Tokenized real estate yields 5-10% vs REITs’ 6-8%. Low-liquidity Sunday window amplified automated margin calls, whale sell-offs.

Read More
Enable Notifications OK No thanks