46 What Just Happened With OM?MANTRA ($OM) Crashes 96%: A drastic drop shakes investor confidence. On April 13, 2025, the crypto world witnessed yet another catastrophic event — the OM (Mantra) token rug pulled, dropping more than 93 percent in a single day and wiping out over 6.5 billion dollars in market cap.The token fell from a peak of 9.18 dollars down to 0.73 dollars, triggering panic across retail holders, traders, and communities. As of now, the token has lost nearly 96 percent of its value from its top.Key Stats From the CollapseTechnical Analysis: What the Chart RevealsHere’s a breakdown of the weekly timeframe chart of OM:Previous Rally:OM saw an explosive 53,456 percent rally over 497 days from late 2022 to 2024.Another short-term spike in 2024 showed a 4,184 percent gain in just 49 days.The Breakdown:A massive red candle signals a textbook rug pull, with over 94 percent drop within one weekly bar.Two key Fair Value Gaps (FVG) are identified:FVG 1: Between 0.35 to 0.73 dollars (currently being tested)FVG 2: Extreme demand zone at 0.0171 to 0.03 dollarsIf the current support fails, price may retest the lower FVG range, marking an even darker outlook for the project. The recent MANTRA ($OM) Crashes 96% highlights the volatility in the crypto market.Read more: From Hype to Hard Reality | KiloEX DEX Hacked | Bitcoin Price AnalysisWhat Caused the Rug Pull?While the official story is still unfolding, here’s what’s been observed so far:Seventeen wallets dumped 43.6 million OM (worth around 227 million dollars) on exchanges just before the crash.According to Arkham Intelligence, two addresses were linked to Laser Digital, a strategic investor in the Mantra project.The dump accounted for 4.5 percent of the circulating supply.Liquidations worth over 68 million dollars occurred during the crash.This suggests coordinated manipulation and heavy insider unloading — classic signs of a manipulated exit scam. MANTRA ($OM) Crashes 96%, prompting calls for better regulation in the crypto space.What’s Next for OM?The structure is now broken. Even if OM survives, a full recovery to prior highs seems extremely unlikely in the near future. Mantra Om Crashes 96 is remembered for its disruption of both spiritual rituals and digital innovations of that era.Lessons from the OM CollapseAlways track whale activity: The on-chain signals were loud before the crash.Watch volume spikes: They often precede dumps.Fair Value Gaps act as magnets: Especially in volatile tokens.Don’t trust hype blindly: Even Binance-listed tokens can go the Terra Luna route.Final ThoughtsThis is one of the largest rug pulls since Terra Luna. The charts don’t lie — and the damage done is real. If you’re still holding OM, understand that this isn’t just a dip — it’s a structural collapse.Stay safe out there. The market doesn’t forgive blind faith. Mantra Om Crashes 96 remains a mystery, yet its impact continues to shape spiritual teachings.