As of April 25, $OM , it is experiencing a period of instability after a sharp decline in value and is taking measures to restore investor confidence.

◽Current Situation:

The price of OM is around $0.52, which is 94% lower than the historical high of $9.01..

◽Restoration Measures:

In response to the crisis, the founder of MANTRA announced the burning of 150 million of its OM tokens, amounting to approximately $80 million. Additionally, there are plans to burn another 150 million tokens from ecosystem partners, totaling 300 million OM or about 16.5% of the total supply.

◽Forecasts and Prospects:

Analysts note that the $0.50 level is critical for OM. Technical analysis indicates the formation of bullish patterns, which may suggest a potential price recovery. However, considering recent events, investors remain cautious.