Why did Mana crash?

Could you please elaborate on the reasons behind the recent crash of Mana? I'm particularly interested in understanding the market forces and events that might have contributed to this decline. Was it due to a lack of demand, oversupply, or perhaps some regulatory concerns? Could there be any other fundamental issues or technical glitches that might have caused this drop? I'm also curious to know if experts in the cryptocurrency and finance industry have any insights or predictions about the future of Mana. Thank you for your assistance in clarifying this matter.