BREAKING: MANTRA [Old] (OM) Crashes 51% to $0.032 in Major Sell-Off

MANTRA [Old] (OM) has experienced a catastrophic price collapse, plunging 51.1% to $0.03243784 in the past 24 hours, according to market data updated March 7, 2026.

The dramatic sell-off has erased significant value from the token, which now trades at $0.0324 after opening the day at approximately $0.0663. The token hit a 24-hour low of $0.06584 before the collapse accelerated.

Market Impact and Trading Volume

MANTRA [Old] currently maintains a market capitalization of $319.3 million, ranking it #125 among cryptocurrencies. Despite the massive price decline, the market cap paradoxically shows a 0.99% increase of $3.1 million over 24 hours, suggesting complex market dynamics at play.

Trading volume stands at just $123,090, an unusually low figure that may indicate liquidity concerns or exchange-specific issues contributing to the price volatility.

Technical Price Analysis

The token has shown consistent weakness across multiple timeframes:

• 1-hour change: -51.6%
• 7-day change: -49.9%
• 30-day change: -32.9%

The current price represents a staggering 99.64% decline from its all-time high of $8.99 reached on February 23, 2025, just over a year ago. However, the token remains 287.9% above its all-time low of $0.0173 recorded in October 2023.

Supply and Valuation Metrics

With 4.77 billion tokens in circulation out of a total supply of 7.06 billion, MANTRA [Old] has a fully diluted valuation of $472.6 million. The significant gap between circulating and total supply suggests potential future dilution concerns for holders.

What This Means for Traders

The extreme volatility and low trading volume present significant risks for both existing holders and potential buyers. The 51% single-day decline, combined with the exceptionally low trading volume of $123,090, suggests possible liquidity issues or concentrated selling pressure.

Traders should exercise extreme caution, as the combination of low volume and high volatility can lead to further price instability. The token’s classification as “[Old]” may indicate a migration or upgrade process that could be contributing to market confusion.

This is a developing story. Market data is current as of March 7, 2026, 01:22 UTC.