Mantra (OM) Price Pumps As Founder Reveals Massive Token Burn Plan

Quick Summary:

The Mantra (OM) token price has surged after founder JP Mullin announced plans for a massive token burn.

Crypto Banter founder Ran Neuner warned against the move: “Burning the incentive may seem like a good gesture but it will hurt the team motivation long term.

Mullin’s token burn announcement comes at a difficult time for the project.

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Article Details

Author / Journalist: Vignesh Karunanidhi

Category: Crypto

Markets: India

Topics: Altcoin News OM 24/7 Cryptocurrency News Mantra

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 13:55:59 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27950584

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 10 hours ago

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