MANTRA Vows Rebuild, Big Reveal at TOKEN2049

Portalkripto.com – Two weeks after a dramatic market crash that shook the MANTRA community and caused significant losses for many investors, the project’s founder has finally spoken out.

In his latest statement published on MANTRA’s official website on Friday, April 25, 2025, he acknowledged the severe impact of the incident and emphasized the importance of rebuilding the community’s trust.

“I understand many of you lost money. Some of you lost a lot of money. Your trust is everything to us, and we’re working to rebuild it with a focus on doubling down on transparency, team commitment to the project, and MANTRA Chain’s continued decentralization,” he stated.

He explained that the team has been working relentlessly to investigate what actually happened and to develop a plan to prevent similar events from happening again.

This commitment will be presented in more detail at the upcoming TOKEN2049 event in Dubai next week, where he will speak on stage and unveil several key next steps.

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What to Expect at TOKEN2049:

• Updates on MANTRA ecosystem development and improved governance protocols
• Execution status of the founder’s OM token burn
• A call for collaboration across the crypto industry to protect investors from similar liquidation events

In his statement, the founder also described the experience as “devastating and heartbreaking,” while expressing deep appreciation for the team, which has worked tirelessly—nearly without sleep—since the incident.

About two weeks ago, on April 13, 2025, MANTRA’s native token $OM suffered a massive sell-off and a sharp price correction of more than 100%.

The price crash was reportedly triggered by large-scale liquidations and a lack of transparency regarding token ownership and internal activities.

As a result, $OM’s value plummeted, leaving many retail holders with heavy losses. The community questioned the project’s integrity and demanded accountability from the core team.