$OM
On April 13, 2025, $OM (Mantra) crashed by roughly 90%, plummeting from over $6 to around $0.40. The Mantra team blamed "reckless forced closures" on exchanges due to high leverage in a low-liquidity market. Large $OMdeposits on exchanges before the crash fueled speculation of strategic selling. Despite team denials and plans for token burns, community skepticism persists. $OM remains volatile, trading around $0.70 as of April 18, 2025. The event underscores the risks of leveraged crypto trading and the importance of market liquidity and project transparency.
