Post #244

🔥 MANTRA to Burn 300M $OM After 90% Crash After one of the sharpest crashes in the market — a 90% drop in under an hour — MANTRA is taking action. 📝 CEO JP Mullin is burning 150M $OM from his own allocation. Another 150M $OM will be burned by ecosystem partners. 🗓 Burn completes by April 29, cutting total supply from 1.82B to 1.67B. This move may also reduce staking volume and affect APR. $OM now trades near $0.51 support, with resistance at $0.59, $0.71, and $1. 📈 Recovery depends on whether trust in the RWA narrative can be restored. Volatility and downside risk still in play. We track the shakeouts — and the comebacks. #News Alpha | Chat