š Why Did $OM Hit $9? š
OM shocked the market when it pumped all the way to $9.17 before crashing back down. But what really pushed this insane rally?
ā Narrative Hype ā OM was part of the hot DeFi / Layer 1 ecosystem trend, where investors rushed into every token with strong narratives.
ā Community Growth ā The project gained rapid attention from retail investors and crypto Twitter, creating FOMO.
ā Low Market Cap + High Demand ā With less liquidity, even small buying pressure sent the price skyrocketing.
ā Bull Market Momentum ā During peak bull cycles, altcoins often surge far beyond their fundamentals.
ā ļø However, after the hype cooled and profit-taking started, OM retraced heavily ā now trading near $0.23 (almost -97% from ATH).
š Question for you:
Do you believe OM can retest $5ā$9 in the next bull run, or was that a one-time pump?
Share your thoughts ā¬ļø