MANTRA (
$OM → $MANTRA) airdrop in early 2025 was a total disaster: hyped ~50M tokens for community/testnet → endless delays, vesting gutted (20% instant → tiny daily → 10% tranches over 18mo), 50%+ wallets DQ'd as 'Sybil' with zero proof/appeals, insiders seemingly favored, high fees on scraps → trust nuked.
Then April 2025 crash: 90% dump (~$6 → <$0.50, $5B+ evaporated) blamed on CEX liqs but fueled by concentrated supply, OTC dumps & airdrop FUD.
Fast-forward to Feb 2026 trends: OM pumping +5-16% in 24h (now ~$0.068), cup-&-handle bullish reversal on 4H, heavy volume, outperforming market.