# Mantra's OM Token Sees 90% Flash Crash

*Author: Bankless*
*Published: Apr 14, 2025*
*Source: https://www.bankless.com/fr/read/mantras-om-token-see-90-flash-crash*

---

Mantra's OM token plummeted over 90% in value within 24 hours, sparking concerns of a potential rug pull and questions around market stability.

## **What’s the Scoop?**
- **Massive Price Collapse**: The price of Mantra's OM token fell from $6.3 to below $0.50, shedding over 90% of its market cap in just 24 hours.
- **Rug Pull Speculation**: Traders speculate on a potential rug pull, with the incident being compared to prior collapses like LUNA and FTX.
- **Team Denial & Explanation**: Mantra's co-founder denied foul play, attributing the collapse to reckless liquidations, while confirming the team still holds its tokens.
---

*This article is brought to you by [MetaMask](https://www.bankless.com/fr/sponsor/metamask-1776260643?ref=read/mantras-om-token-see-90-flash-crash)*