OM Token Rallies 28%, Gives Marginal Relief To Crash-Hit Holders After MANTRA Co-founder Assures ‘Post-Mortem Report,’ Supply Burn
Real-world asset-focused coin MANTRA (CRYPTO: OM) topped the cryptocurrency gainers list on Tuesday, recovering marginally from its weekend crash.
What happened: OM soared nearly 28% to become the most successful coin in the market, defying the declines in blue-chip assets such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
OM’s trading volume rose 8.51% to $1.42 billion, making it the fifth most traded cryptocurrency (excluding stablecoins) in the last 24 hours.
The recovery followed MANTRA co-founder John Patrick Mullin’s assurance that the team would release a post-mortem report explaining the events that led to the coin’s stunning 90% collapse on Sunday.
“After this post-mortem report is released, we will share additional information on an OM token …
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