WHY THE $OM token.price is not raising?
👉The OM token recently experienced a **massive crash**, dropping from **over $6 to around $0.40**, wiping out **$5 billion in market capitalization*
👆 Several factors have contributed to its struggle to recover:
👉 **Centralized Exchange Actions**: Some experts believe reckless forced closures by centralized exchanges triggered the crash.
👉 *Insider Trading Speculation**: On-chain sources reported large transfers of OM tokens to exchanges before the crash, raising concerns about market manipulation
-👉**Loss of Investor Trust**: The sudden collapse has drawn comparisons to the **2022 Terra LUNA crash**, making investors wary
👉 **Low Market Liquidity**: The crash happened when OM’s liquidity was at its lowest, making it vulnerable to extreme price swings.
-👉**Skepticism Around Recovery**: While OM has rebounded **200%** from its lowest point, analysts warn of structural risks similar to LUNA’s downfall.