(MANTRA), once considered a promising blockchain project with ambitions in the DeFi space , has experienced a catastrophic price collapse. Within a span of just a few weeks, OM has plunged from a high of over $7 to a mere $0.46—an unprecedented drop of nearly 93% in 30 days. This shocking nosedive raises concerns among investors and enthusiasts alike: What happened to OM, and what does the future hold?
Summary of the Situation (Just POV)
Massive Drop: OM has fallen over 90% in 30 days, with current price sitting at $0.46.
Price is far below major moving averages (MA 7, 25, 99), indicating strong bearish momentum.
Trading volumes remain high, but sentiment is cautious and risk-averse.
The sharp drop suggests possible insider selling, project issues, or lost investor confidence—no official statement has clarified the cause.
#om Future Scenario : (A Thought)
Recovery: A bounce is possible if the project announces major partnerships or utility upgrades.
Sideways: OM could stagnate around current levels if no significant developments occur.
Decline: Worst case, the coin could be delisted or fall further if trust erodes completely.
Investor Takeaway Would be ;OM is currently in a high-risk, speculative zone. Short-term traders may find volatility attractive, but long-term investors should proceed with caution and closely monitor project updates
