MANTRA (OM), the cryptocurrency powering the real-world asset blockchain ecosystem of Mantra, has experienced a devastating crash, plummeting by 90%. This dramatic downturn, described as the most significant crash in the currency’s history, was triggered by concerns of a large-scale forced liquidation. As the week began, OM’s value took a sharp nosedive, marking a stark contrast to its previously stable performance throughout the year.

Before the crash, OM maintained a steady support level around $6. However, following the sudden overnight price drop, it plummeted to roughly $0.6965. A Relative Strength Index (RSI) of 14, far below the oversold threshold of 30, suggests the token is now significantly undervalued.

**Unpacking the Mantra Meltdown**

The Mantra team believes the crash was caused by a “large-scale forced liquidation” on a major cryptocurrency exchange. Co-founder John Patrick Mullin addressed the situation on social media platform X, revealing that a significant OM holder triggered a cascade of automated sell orders. This flood of sales overwhelmed the market, causing OM’s value to collapse.

Mullin was quick to dispel rumors of an insider-driven sell-off, assuring that the team remains dedicated to addressing the situation and continuing their work. He refuted claims of the team leveraging their tokens for a substantial loan, emphasizing that all team tokens are secure and the tokenomics of OM are intact, with visible wallet addresses confirming their status.

**Spotlight on New Opportunities Amidst Market Unrest**

As the dust settles from the MANTRA (OM) crash, investors are turning their attention to new, promising ventures, particularly those offering presale opportunities. One such project gaining traction is SUBBD ($SUBBD), an AI-powered content platform poised to revolutionize the $85 billion creator economy. By eliminating the need for intermediaries, SUBBD promises a more lucrative and engaging platform for creators and fans alike, already raising nearly $150,000 in its first week of presale.

Interested parties can follow SUBBD on social media platforms like X, Telegram, and Instagram, or participate in the presale directly on their website.

“Following the #MANTRA (OM) crash, investors eye early presale of the new SUBBD token as a hedge against market volatility. This AI-driven platform aims to disrupt the creator economy, offering more control and better earnings for content creators. #SUBBD #Cryptocurrency”