📉 #$OM Faces a Massive Crash – What Happened?

The crypto world was shaken as $OM , the token of the MANTRA project, experienced a dramatic 90% drop in just a few hours. The price plummeted from over $6 to as low as $0.37, wiping out billions in market value.

What Caused the Crash?

- Insider Allegations: Rumors surfaced about large token sell-offs by wallets linked to the team, sparking panic among investors.

- Forced Liquidations: The MANTRA team claims the crash was triggered by reckless liquidations from a major holder on an exchange.

- Community Distrust: Pre-existing concerns about transparency and tokenomics changes amplified the sell-off.

Current Status:

$OM has slightly recovered and is trading around $0.76, but investor confidence remains shaken. The MANTRA team has assured the community that the project is fundamentally strong and is investigating the incident.

Stay tuned for updates as the situation unfolds. Always trade cautiously and do your research...