banner

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 Collapse

Key Stats From the Collapse

Technical Analysis: What the Chart Reveals

Here’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 dollars

If 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 Analysis


What 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?

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 Collapse

  • Always 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 Thoughts

This 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.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.


banner

Newsletter

Subscribe to our Newsletter for Trending & Hot News, Technical Analysis Charts, and exclusive GEM Finder Updates. Let’s stay ahead of the curve — Stay Updated, Stay Profitable!

banner

Leave a Comment

Cryptopatel

CryptoPatel is a seasoned Technical and Fundamental Analyst with over a decade of experience in the cryptocurrency market. Renowned for his ability to identify high-potential Alpha and GEM projects, he has consistently delivered exceptional returns ranging from 10x to 100x. Follow for expert market insights, in-depth trend analysis, and valuable investment opportunities.

about us

CryptoPatel is a seasoned Technical and Fundamental Analyst with over a decade of experience in the cryptocurrency market. Renowned for his ability to identify high-potential Alpha and GEM projects, he has consistently delivered exceptional returns ranging from 10x to 100x. Follow for expert market insights, in-depth trend analysis, and valuable investment opportunities.

Follow Us