Montra Finance Abandons Token Amid Market Cap Plunge

Montra Finance, an AI firm, has announced the discontinuation of its recently launched MONTRA token following a significant market cap decline of approximately 80%, dropping from $100,000 to around $20,000. According to NS3.AI, the company attributed this decision to the entire development team being drafted to participate in the ongoing conflict involving Iran, the US, and Israel. In the wake of this announcement, Montra Finance's X account and website have vanished, leading many in the crypto community to suspect the project may have been a rug pull or exit scam.