Crypto
MANTRA Token Hits All-Time Low Amid Chain Outage
MANTRA's native token plummeted to an all-time low of $0.004126 on Thursday, down 18.5% from its 24-hour high.
The price drop occurred shortly before MANTRA Chain stopped producing blocks and the team announced a precautionary halt due to an unexplained incident.
MANTRA said it was 'aware of an incident affecting MANTRA Chain' and had halted the network as a precaution while it investigated, but did not provide a root cause or timeline for resolution.
The halt prevents assets from moving on MANTRA Chain and has prompted affected exchanges to pause deposits and withdrawals, with no timeline given for either service to resume.