Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.
The Mantra ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/mantra-price-index” rel=”null” target=”null” text=”null” title=”null”>OM) token’s price data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/mantra-price-collapses-by-over-90″ rel=”null” target=”null” text=”null” title=”null”>collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported.
While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the…
