M Omais
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#OM coin hasn't been delisted. The token experienced a dramatic 90% crash in value on April 13, 2025, plummeting from $6.30 to below $0.50, amid speculation of insider dumping and concerns over project transparency. However, MANTRA's CEO, John Mullin, attributed the crash to "reckless forced closures" on centralized exchanges, denying any involvement from the project team or investors in the price drop ยน ยฒ.
*Key Developments:*
- *Token Crash:* OM token crashed by over 90% within 24 hours, erasing over $6 billion in market value.
- *Investor Concerns:* Many investors accused the team of orchestrating a pump-and-dump scheme, while others demanded a full post-mortem to determine the cause of the drop.
- *Exchange Activity:* Binance hinted at "cross-exchange liquidations," while OKX founder Star Xu called the incident a "big scandal to the whole crypto industry".
- *Team Response:* MANTRA's CEO denied insider dumping, promising recovery and transparency, with plans for a community discussion to address the incident ยน
*Key Developments:*
- *Token Crash:* OM token crashed by over 90% within 24 hours, erasing over $6 billion in market value.
- *Investor Concerns:* Many investors accused the team of orchestrating a pump-and-dump scheme, while others demanded a full post-mortem to determine the cause of the drop.
- *Exchange Activity:* Binance hinted at "cross-exchange liquidations," while OKX founder Star Xu called the incident a "big scandal to the whole crypto industry".
- *Team Response:* MANTRA's CEO denied insider dumping, promising recovery and transparency, with plans for a community discussion to address the incident ยน
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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