MANTRA (OM) Price: OM Crashes to Record Low as Entire Blockchain Goes Dark

TLDR

• MANTRA’s OM token dropped 18.5% to an all-time low of $0.004126 on Thursday night
• MANTRA Chain halted block production and froze all endpoints and transactions
• The team cited a precautionary halt while investigating an undisclosed incident
• Exchanges paused OM deposits and withdrawals with no timeline to resume
• Trading volume surged nearly 600% to $24 million during the event

MANTRA’s native token OM dropped sharply Thursday night, hitting an all-time low before the project announced it had halted its blockchain entirely.

According to CoinGecko, OM fell from $0.005060 to $0.004126 around 11:00 pm UTC on Thursday. That’s a drop of 18.5% from its 24-hour high. The token later recovered to around $0.0044.

Over 24 hours, OM remained down roughly 10%. Trading volume jumped nearly 600% to $24 million during the period.

MANTRA published an incident notice at 11:44 pm UTC on Thursday. The team said it was “aware of an incident affecting MANTRA Chain” and halted the network as a precaution while it investigated.

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