The price of Mantra S.O.M has plummeted by 90% amidst unusual trading activity, leading its team to allege forced liquidations as the reason behind the drastic selloff. Investors have expressed confusion over the sudden change, as the asset's performance had been stable prior to the incident. This chaotic market event has raised concerns regarding potential manipulation or irregular trading practices within the cryptocurrency sector. The project team claims to be investigating the causes of this downturn and is actively seeking to reassure stakeholders about the integrity of the Mantra platform. Regulatory scrutiny over the incident is expected as it highlights the vulnerabilities present in the decentralized finance (DeFi) market, which has seen increased activity and participation in recent years. Investors are advised to remain vigilant and informed about future developments concerning the asset and the broader market conditions.

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