In a bold move to restore investor trust and stabilize the value of Mantra’s native token, OM, the platform’s founder and CEO, John Patrick Mullin, has begun the process of unstaking 150 million tokens for permanent removal from circulation. Announced on April 21, the unstaking operation is expected to conclude ...
Mantra CEO JP Mullin has attributed the dramatic drop in OM’s price to forced liquidations initiated by centralized exchanges. On April 13, the Mantra token (OM) price plummeted over 90%, dropping from approximately $6.30 to below $0.50 in just a few hours. On April 14, Mullin addressed a sudden wave ...
Layer 1 blockchain firm Mantra has announced a collaboration with prominent United Arab Emirates (UAE) real estate developer MAG to tokenize $500 million worth of real-world assets (RWA). According to a press release by the blockchain firm, the collaboration will build on MANTRA's secure RWA-focused blockchain and MAG's established presence ...
