Mantra (OM) crypto just dropped news of a $25M token buyback, kicking off the first step in their Strategic OM Token Buybacks plan. The move is backed by major players like Inveniam, who recently invested $20M, bringing total commitments to a hefty $45M.
With that kind of cash lined up, Mantra now has $45M in fresh funding and backing to push ecosystem growth, a big deal considering most crypto projects struggle to lock down serious institutional support.
The buyback will roll out “transparently” over the next few months across centralized exchanges.
“This buyback program is a pivotal moment for Mantra. It’s not just a financial transaction but a signal of confidence from our partners and key stakeholders,” said John Patrick Mullin, CEO and Founder of Mantra.
Today we are announcing the first $25M $OM token buyback, backed by key investors and stakeholders.
Together with @InveniamIO's recent $20M investment, total commitments now reach $45M – reinforcing strong institutional confidence in OM’s long-term value, MANTRA’s wider #RWA… pic.twitter.com/3WtRd36YqZ— MANTRA | Tokenizing RWAs (@MANTRA_Chain) August 27, 2025
Can This Buybacks Save Mantra (OM) Crypto Price?
(CMC)
Mantra’s price only ticked up about 2% on the news, not exactly impressive for a project that once carried a $6B market cap. What did move, though, was the volume, jumping over 150%.
The community’s still hanging on, and the team says they’re committed. They recently pushed through a governance proposal to raise OM’s inflation rate to 8%, a move that sparked mixed reactions.
What Happened To Mantra?
Mantra token (OM) tanked hard on April 9, dropping over 90% in just an hour, from almost $6 down to under $0.40, wiping billions off its market cap. Mullin said positions were “closed without margin calls or notice,” hinting at exchange actions behind the meltdown. Meanwhile, the official team blamed it on “reckless liquidations.”
It goes down as one of the biggest single-day crashes in crypto history, and of course, it got memed all over. That’s the thing, people love memes, which is why memecoins still hold a prime spot in the market. With Mantra flopping, whales seem tired of these “serious utility” projects that keep face-planting. Right now, all eyes are on the T6900 presale as it closes in on its final day.
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Token6900 Presale Hits Final Day: FOMO Kicking In?
Token6900 could be lining up for the next big rally, with the kind of potential people are calling 100x to even 1000x. It’s a fresh meme coin still in presale, and the hype’s building fast.
Just like other top memecoins, Token6900 takes shots at traditional finance with zero utility, banking purely on its community power, same way SHIB built its army. With the T6900 presale wrapping up in just a day, investors looking to get in might wanna move quick.
It offers tokens at a current price of $0.0071 each, with a hard cap of $5 million, and almost $3 million already raised. The price is increasing daily, so buying now is buying at the cheapest rate before the presale ends. It is early, yet time is running out.
Token6900 also offers a staking option, delivering 33% APY, which even big coins can’t offer. With 80% of its fixed supply available during the presale, T6900 doesn’t have inflation risks, as most tokens are out at launch.
T6900 is the memecoin to buy now.
Connect with the T6900 community on X and Instagram for the latest updates.
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Key Takeaways
- Mantra’s $25M buyback didn’t really move the price, but it did pump trading volume and shows the team’s still fighting.
- Hype’s shifting to Token6900, with its final presale day, cheap entry price, staking rewards, and whales eyeing big 100x+ potential.
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