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Mantradrop

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Rome2409
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Should we bottom-fish OM MANTRA TOKEN at this moment?1. Overview of the trend • Current price: $0.7202. • 24h drop: -88.50% • Highest price in 24h: $6.35. • Lowest price in 24h: $0.37. => This is a very strong dump, with a 'waterfall' pattern and a sudden spike in liquidity, indicating a potential panic sell or large liquidation event. ⸻ 2. Trading volume (Volume) • Volume peaked after the price hit the bottom ($0.37), then gradually decreased. • => This indicates there is buying pressure, but no signs of a strong return of capital yet.

Should we bottom-fish OM MANTRA TOKEN at this moment?

1. Overview of the trend
• Current price: $0.7202.
• 24h drop: -88.50%
• Highest price in 24h: $6.35.
• Lowest price in 24h: $0.37.

=> This is a very strong dump, with a 'waterfall' pattern and a sudden spike in liquidity, indicating a potential panic sell or large liquidation event.

2. Trading volume (Volume)
• Volume peaked after the price hit the bottom ($0.37), then gradually decreased.
• => This indicates there is buying pressure, but no signs of a strong return of capital yet.
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Bullish
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Comparison of the impacts of the LUNA and OM MANTRA eventsBelow is a deeper analysis of the impact of the Terra (LUNA) event and the OM (Mantra) event on the cryptocurrency market in various aspects: ⸻ 1. Impact of the Terra (LUNA) event – 2022 a. Market sentiment • The Terra event has caused a severe loss of trust within the crypto community, especially with algorithmic stablecoin projects. • Leading to a massive capital withdrawal wave, pushing the overall market into the “crypto winter” of 2022.

Comparison of the impacts of the LUNA and OM MANTRA events

Below is a deeper analysis of the impact of the Terra (LUNA) event and the OM (Mantra) event on the cryptocurrency market in various aspects:

1. Impact of the Terra (LUNA) event – 2022
a. Market sentiment
• The Terra event has caused a severe loss of trust within the crypto community, especially with algorithmic stablecoin projects.
• Leading to a massive capital withdrawal wave, pushing the overall market into the “crypto winter” of 2022.
$OM If the development team is really not behind this drop, we could see a quick recovery, perhaps up to $2 or $3. Remember that in the history of cryptos we have already had massive drops very quickly: Ethereum, Bitcoin, Matic. Let's wait for news. Haste is the enemy of returns! #Mantradrop #MantraChain
$OM If the development team is really not behind this drop, we could see a quick recovery, perhaps up to $2 or $3. Remember that in the history of cryptos we have already had massive drops very quickly: Ethereum, Bitcoin, Matic. Let's wait for news. Haste is the enemy of returns! #Mantradrop #MantraChain
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