Shocking Warning! After $OM's 94% Crash, Is This a Reboot or a Scam?
Before you dive into $OM, you must understand the truth behind this disaster.
🧨 From Glory to Crash: Just a Few Hours!
$OM is the native token of Mantra, with big ambitions—to move traditional finance (bonds, real estate) onto the blockchain. But on April 13, 2025, it plummeted from $6.30 to $0.37, a staggering 94% drop in just a few hours, directly evaporating confidence.
The reasons are chilling:
⚡ A wave of forced liquidations sweeping the market
⚡ Liquidity dried up, no one to take over
⚡ Whales secretly transferring before the crash
Was this an insider harvesting profits, or a systemic risk outbreak? No one can say for sure.
🔥 Burn the old self? The project's "counter-operation"
Subsequently, the project team made a bold move:
🔥 A one-time destruction of 300 million $OM (including 150 million from individual holdings)
📈 Price rebound +14%
🤔 The community is divided: Is it a scam exit, or a strategic reboot?
📈 Recovery faction vs ❌ Bearish faction
Bullish reasons:
✅ Significant destruction dilutes supply
✅ The project continues to advance (including Dubai plans)
✅ The core community is still present
Bearish doubts:
🚩 Market trust has been severely damaged
🚩 Over 86% of wallets are still deeply trapped
🚩 Another crash = complete loss of control
🧠 How to respond smartly?
If you're still on the sidelines, don't act impulsively:
❌ Refuse FOMO, avoid being lured from green to red
✅ Look for structure and confirmation, not just the color of the K-line
📊 Consider range profits; a rise from $0.44 to $1 is also a double
💸 Enter in batches (DCA), don't go all in at once
⏳ Exit when the crowd is loud, not when chasing highs
🧩 Conclusion: Is $OM a scam? Or just a reshuffle before a comeback?
No one knows. But one thing is clear—it’s not dead yet. It’s reconstructing.
Is it a true rebirth? Or the final disguise?
You have to use your own wisdom to break the situation.