After a fall from grace last year, Mantra is seemingly attempting a comeback with a rebrand.

Mantra’s native token lost most of its value last April after what the project’s founder described as “reckless forced liquidations” by CEXs.

Mantra’s native OM token crashed by 95% on Apr. 13, sparking rumors of insider dumping.

The RWA project dropped by 93% on Sunday afternoon in what the team claims were “reckless forced liquidations.”