Another crazy turn of events on April 13, 2025, the Mantra Crypto OM crashed by 98% within an hour! This catastrophic dip erased over $6 billion in Market Capitalization, and the coin price went from nearly $6 to $0.57.
Meanwhile, the project’s founder appeared unfazed, tweeting about luxury travel and Wi-Fi issues, sparking outrage across the crypto community. This is history in the making, and it reminds everyone just how fine the line is between hype and havoc in the crypto world.
$15 Million Wiped Out While Founder Flying High
The recent crash of MantraDAO’s token hit many investors hard. The most shocking case among them all is a trader who reported losing a staggering $15 million. The trader going by the name MephXBT made a heartbreaking and chilling tweet saying: “I lost everything on mantra. 15 million just wiped out. I don’t wanna live anymore”.
I lost everything on mantra
15 million just wiped out
I don't wanna live anymore pic.twitter.com/nSOkV7f9v1
— Meph (@mephXBT) April 13, 2025
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There is no question that Meph’s life, along with the lives of many others, were turned completely upside down. As investors struggle to cope with this enormous loss, attention has turned to the behavior of MantraDao’s founder.
Before this crisis, the founder John Mullin appeared largely unbothered and continued posting on social media about trivial matters like WiFi issues and flying luxury class.
My literal nightmare is no WiFi on long haul flights 😭
See you in Seoul… 😂🇫🇷✌🏼
— JP Mullin (🕉, 🏘️) (@jp_mullin888) April 12, 2025
Allegations claim that Mullin and other insiders misused funds from Mantra DAO. They’re accused of treating the project like their personal bank and hiding financial reports since 2021. A Hong Kong court has now ordered them to release those records. Some have raised concerns about Mullin’s past, claiming he was involved in shady ICOs and even ran a casino. This has made traders question how serious he is about Mantra DAO.
Brushing these claims as “FUD,” Mullin says that the project has made real progress and is already working on a launchpad for future projects. In a recent tweet, the founder blamed the Mantra crypto OM crash on “reckless liquidations,” claiming it had nothing to do with the project itself. But for many investors, this felt like a deflection.
MANTRA community – we want to assure you that MANTRA is fundamentally strong. Today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team. We are looking into it and will share more details…
— MANTRA | Tokenizing RWAs (@MANTRA_Chain) April 13, 2025
Understandably, investors feel betrayed and even mocked. People pointed out how the founder seems focused on his comfort while they are losing huge amounts of money.
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Use Your $MIND, Not Your Luck – Meet the Smartest Frog in Crypto
Although it may still be too soon to recover from the unexpected turns of events, it is never too early to start adopting safer and more secure methods of trading. One of those methods is Mind Of Pepe. It uses AI to analyze trends and predict market moves, offering a more secure way to trade. Investors can use data-driven insights instead of risky speculation.
🔥 MIND of Pepe $MIND Update 🔥
MIND of Pepe $MIND continues its unstoppable evolution, solidifying its position as the most advanced AI-powered crypto-intelligence system
LLM Persona Refinement
MoP’s language model is getting sharper!
◉ Enhanced intelligence & engaging… pic.twitter.com/H56ATBvKzn
— MIND of Pepe (@MINDofPepe) March 20, 2025
Mind of Pepe is a self-evolving AI agent that scans social platforms, dApps, and crypto networks for real-time insights. It gathers and filters data from across the web to give users the most useful and timely information. The AI interacts directly with platforms like Twitter, Telegram, and decentralized exchanges.
It offers a clean, user-friendly dashboard that tracks trends and spots new opportunities. The merge of powerful AI technology and meme culture gives investors early access to trending crypto insights and new tokens. Mind of Pepe also has high staking rewards, making it a fun yet potentially profitable way to stay ahead in the crypto game.
Apart from their analytical services, they have a coin and a presales campaign. Currently, the price is approximately $0.0037115 per $MIND token and an APY of 281%. The presale aims to raise a total of $9,270,000, with almost $8 million already secured. The coin can be purchased on their website via card or with crypto.
Join the platform’s Telegram community and follow the X account for the latest updates.
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