Shorooq, a MANTRA investor, said neither the fund nor the MANTRA team sold any tokens during the OM plunge

果然坚持就是胜利

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04-14 19:46

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On April 14, Shorooq Partners, a key investor in MANTRA, posted on social media that none of the Shorooq funds, founding partners or MANTRA team sold any tokens during the OM price crash. MANTRA does not have any vulnerabilities, and on-chain data confirms that large-scale forced liquidation is the trigger. The chain reaction occurred during periods of low liquidity, resulting in panic selling. Shorooq said that as a long-term equity investor in MANTRA, his beliefs have never wavered.

Previously, the RWA project MANTRA announced on March 19, 2024 that it had completed a US$11 million financing, led by Shorooq Partners, and participated by Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex Trust, Token Bay Capital, GameFi Ventures, Mapleblock, Fuse Capital, 280 Capital and others.

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