Investors are reeling over Mantra's own token crash that has erased $5 billion in market cap within hours.

It's Monday, April 14th, 2025. I'm Christine Lee. This is Coin Dust Daily.

Bitcoin showing resilience Monday morning, touching $85,000 and gaining traction as a potential

hedge against instability. Mixed signals continue from the White House on tariffs, adding

to the growing uncertainty weighing on global markets. As a result, markets continue to be

extremely volatile, especially over the past two weeks as U.S. President Donald

Trump's tariff policies take hold. billionaire investor Ray Dalio warning on CNBC Sunday of a potential

global systemic crisis driven by escalating U.S. debt, trade tensions, and a weakening dollar,

linkinging the situation to past economic breakdowns such as the end of the gold standard in 1971

and the 2008 financial crisis. Speaking of crisis, mantra's own token plummeting 90% in one hour

early Monday, dropping from over $6 to a low of 44 cents, racing over $5 billion in market capitalization. 17 wallets including two linked

to a mantra investor, Laser Digital, deposited over 43 million OMT tokens worth about 230 million,

about 4.5% of circulating supply into exchanges like OKX and Binance just before a major price crash,

raising suspicions of insider selling or manipulation. The mantra team denies involvement

attributing the crash to reckless liquidations by exchanges during low liquidity hours,

claiming their tokens remain locked and verifiable on chain, though community trust is shaken.

Investors are expressing devastation on X, with users such as Jeep Burner claiming to have

lost over $3.5 million. Critics accused Monsha and Binance of a liquidity exit and threatened

legal action while Monsha's Telegram Group closed to new users.

Mata lets users tokenize real-world assets like real estate and commodities,

enabling compliant digital investments and tangible assets.

Its own token facilitates transactions and governance.

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