MANTRA Chain Announces 300M $OM Token Burn Amid Price Rebound and Investor Losses

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In a bold move that’s turning heads across the crypto landscape, MANTRA Chain has declared a major token burn initiative involving a staggering 300 million $OM tokens—valued at over $172 million. The decision, spearheaded by CEO and founder John Patrick Mullin, is one of the most aggressive deflationary actions in recent memory and signals a serious commitment to long-term tokenomics and community trust. Already the news has sent the markets into reaction mode, with the $OM token seeing a brief jolt in the price to $0.58 right after the announcement. While modest, the uptick suggests that confidence in the outcome

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