The $MANTRA blockchain faced a major setback as its native $OM token plunged around 18%, falling to a record low of $0.004126 shortly before the network stopped producing blocks.
The sharp sell-off came as the $MANTRA team reported that an attacker had exploited a vulnerability in software used by the blockchain.
🔴 What Happened?
OM experienced a sudden and aggressive decline, reaching its lowest recorded price just minutes before the MANTRA network halted.
The incident has raised concerns among users and investors about the security of the network and the future of the OM token.
MANTRA has indicated that an investigation is underway, with further details expected as the team works to understand the full impact of the exploit.
📌 Key Points
- OM dropped: Around 18%
- Record low: $0.004126
- Network: MANTRA blockchain
- Cause: Reported software vulnerability exploit
- Current situation: Investigation ongoing
This incident is another reminder of the risks involved in crypto markets, especially when blockchain security issues can trigger extreme volatility within minutes.
⚠️ Disclaimer: This article is for informational purposes only and is not financial advice. Always do your own research (DYOR) before making any investment or trading decision.
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