Don't expect $OM to recover. it has become scam coin now. | Snack1010 on Binance Square

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Don't expect $OM to recover.it has become scam coin now.

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What do you want to say about this shit coin?? $OM

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what the $OM is going on.... 😂😂 The cryptocurrency market has been rocked yet again by the dramatic crash of Mantra’s $OM token, which plummeted over 90% in a single hour on April 14, 2025, wiping out approximately $6 billion in market capitalization. The $OM token, tied to Mantra’s real-world asset (RWA) tokenization platform, dropped from $6 to $0.40 in a matter of hours, triggered by what the Mantra team described as “reckless liquidations” on centralized exchanges during a period of low liquidity. A massive deposit of 3.9 million om tokens to the OKX exchange, reportedly linked to a team wallet, fueled panic and speculation of a potential rug pull.

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TRASH coin $OM The cryptocurrency market has been rocked yet again by the dramatic crash of Mantra’s $OM token, which plummeted over 90% in a single hour on April 14, 2025, wiping out approximately $6 billion in market capitalization. The $OM token, tied to Mantra’s real-world asset (RWA) tokenization platform, dropped from $6 to $0.40 in a matter of hours, triggered by what the Mantra team described as “reckless liquidations” on centralized exchanges during a period of low liquidity. A massive deposit of 3.9 million OM tokens to the OKX exchange, reportedly linked to a team wallet, fueled panic and speculation of a potential rug pull. is this coin rugpull??

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Mantra bounces 200% after OM price crash but poses LUNA-like 'big scandal' risk The OM price bounce appears eerily similar to what Terra's LUNA witnessed after its 99% crash in May 2022. OM $0.4981 token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam. Co-founder JP Mullin reassured the community that the project remains active, pointing to the official Telegram group being “still online.” “We are here and not going anywhere,” Mullin wrote, also sharing a verification address to prove the team’s OM token holdings. He attributed the OM’s crash to “reckless forced closures initiated by centralized exchanges.” The assurance calmed the OM token sell-off that had obliterated over $5 billion in market capitalization and liquidated $75.9 million worth of futures positions in a day. Numerous online commentators claimed the Mantra team, reportedly controlling 90% of the token supply, orchestrated the sell-off amid suspicious OM transfers to centralized exchanges right before the crash. token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull. Numerous online commentators claimed the Mantra team, reportedly controlling 90% of the token supply, orchestrated the sell-off amid suspicious OM transfers to centralized exchanges right before the crash.

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