According to sources, the mantra price has dropped below the important level of $0.50 and has reached a new low at $0.4152 on May 5, 2025. This sharp fall happened because Whale sold a huge amount of OM, a native token of Mantra.
This caused a panic in the market, and it made the negative market mood even worse. Just a few weeks ago, OM was valued at over $6, but now it has lost more than 90% of its value; due to this, investors and experts in the crypto world are worried.
Whales’ Sell-Offs Caused Market Panic
The recent fall in Mantra price started when Whale moved 2 million OM tokens to Binance, which was worth $871,000. This was worrying because the whale had taken a huge loss of $25.44 million, which shows that even large investors are giving up on the current market.
The same whale had withdrawn 4 million OM, just six weeks earlier, which was valued at over $27 million, showing how much value has been lost and how much is now being sold off.
When a big investor ( whale) sells off so much, it usually causes panic amongst the small investors and causes them to sell off even more.
As the Mantra price has fallen to $0.50, people on Reddit’s r/CryptoCurrency forum have started to compare it with the well-known Terra LUNA crash.
One user said that Mantra’s crash is not just about the numbers but it is about the confidence. We are facing a major trust crisis.
Technical Breakdown Deepens Bearish Outlook
If we look from a technical point of view, then the Mantra price has fallen below the important support level after it broke out of a downward trend, which many traders thought would lead to a price rebound.
This breakdown has created a long downward wick, which is a clear sign that Liquidations is driven by panic. It has a current price of $0.3946. OM is deeply oversold, and its RSI is at 17.22, which is far below the neutral 50 level.
Even though the MACD histogram has started to show a small positive movement, there is still a lack of buying interest, and there is the absence of any bullish trigger. This has made Short-term recovery very uncertain
Mantra Current Market Performance May 5, 2025
| Metrics | Price |
| Current Price | $0.39 |
| 24h Trading Volume | $111.32M |
| Resistence Level | $0.48 to $0.50 & $0.58–$0.60 |
| Support Level | $0.48, $0.40, & $0.37. |
| All-Time High | $9.00 |
Bearish Fundamentals Undermine Support
According to data from IntoTheBlock, all four metrics, which are Net Network Growth, in-the-money addresses, Whale Concentration, and Large Transactions, are showing negative signs.
Its net network growth is only 0.69%, which means that there is very little new user activity. Additionally, only 2.13% of holders are making a profit, highlighting that most of the people are facing losses. Moreover, the Whale Concentration has dropped by -0.05%, which means that big investors are continuing to leave.
The large transactions have also fallen by -11.29%, which means that few big trades are taking place mostly because institutional and high-volume investors are stepping back. Because of this, the mantra price is suffering from both technical and fundamental weaknesses
Conclusion
The Mantra price is affected because of many events, which include large sell-offs, weak Blockchain activity, and investors’ lack of confidence. Although there are a few indicators that show that this might be getting over, the future of OM really depends on major changes, honest leadership, and fresh interest from buyers. But for now,, the token is still seen as a risky asset because of thethe unstable and uncertain environment.
FAQs
1. At what price is Mantra Crypto currently trading?
Mantra cryptocurrency is currently trading below $0.40, which is roughly $0.3954.
2. What caused Mantra price to crash below $0.50?
The recent massive sell-off caused the Mantra price to crash below $0.50.
3. When did Mantra achieve its all-time high price in 2025?
In February 2025, Mantra’s price reached its all-time high of $9.
4. How much did Mantra’s price drop from its peak?
Mantra’s price dropped more than 95%, from a peak of $9 to its current value of around $0.39.
5. What is the technical outlook for Mantra price?
Mantra’s price has broken key support levels of $0.40.
Glossary
Sell-Off- A rapid selling of a large volume of cryptocurrency, which causes a sharp drop in price.
RSI: Measures if a token is overbought or oversold.
Wick: Line showing price movement during volatility.
Technical Breakdown: Price falling below key levels.
Trust Crisis: Loss of investor confidence.
Sources
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