Crypto
MANTRA's OM Token Crashes to Record Low Amid Blockchain Halt
MANTRA's native token OM plummeted to an all-time low of $0.004126 on Thursday night, marking an 18.5% drop from its 24-hour high.
The price collapse occurred as MANTRA Chain halted block production and froze all endpoints and transactions due to an undisclosed incident.
The team stated that it was aware of the issue and had halted the network as a precaution while investigating, with no root cause or timeline to share yet.
The chain freeze has forced exchanges to pause deposits and withdrawals for OM, with no timeline given for when either service will resume.