$OM dumped -90% in under 1 hour.
Over $5.5 Billion in market cap gone—just like that.
Here’s what happened:
• Reports say the Kabal team quit right before the crash.
• Moments later, ~$590M in $OM was sent to exchanges. A huge dump followed.
• Rumors say insiders held 90% of the total supply.
• Airdrop holders = rekt.
• Long-term holders = left holding the bag.
No transparency. No safety nets. Just a massive insider exit. Many Investors promoted it saying Binance is behind the team and supporting them.
Lesson:
If it smells fishy, it probably is.
Always protect your capital. Don’t let hype blind you.
#om #MANTRA
Over $5.5 Billion in market cap gone—just like that.
Here’s what happened:
• Reports say the Kabal team quit right before the crash.
• Moments later, ~$590M in $OM was sent to exchanges. A huge dump followed.
• Rumors say insiders held 90% of the total supply.
• Airdrop holders = rekt.
• Long-term holders = left holding the bag.
No transparency. No safety nets. Just a massive insider exit. Many Investors promoted it saying Binance is behind the team and supporting them.
Lesson:
If it smells fishy, it probably is.
Always protect your capital. Don’t let hype blind you.
#om #MANTRA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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