$OM ♦️Token Nosedives – Is a Comeback Possible?
Talk about a freefall—$OM just plunged from nearly $9 to below $0.40 in record time, marking a staggering 90% drop. The crypto community is in shock.
So, what went wrong? Some point to a cascade of forced liquidations, while others blame the token’s inflation rate and a concerning concentration of supply in a few wallets. Either way, the fallout was swift and severe.
In response, the team announced a major move: burning 300 million tokens, including a chunk from the founder’s holdings. It’s a bold attempt to restore confidence—but will it be enough?
Now hovering around $0.44, sentiment is divided. Some see a golden opportunity, while others fear it’s a sinking ship. In crypto, a crash can mean a comeback—or a complete collapse.
