$OM OM coin experienced a significant two-month dumping period, culminating in a dramatic 90% crash on April 13, 2025. The incident wiped out billions in market capitalization, sparking widespread panic and speculation within the cryptocurrency community.

Key Factors Contributing to the Crash:

- Allegations of Team Dumping:

The project team behind Mantra was accused of dumping their entire token allocation, representing approximately 90% of the total circulating supply.

- Forced Liquidations:

Massive forced liquidations on centralized exchanges, particularly Bybit, were cited as a primary cause of the crash.

- Low Liquidity:

The market's inability to absorb large sell orders due to low liquidity exacerbated the price drop.

- Tokenomics Concerns:

Allegations of insider selling and manipulation arose due to the team's alleged control over 90% of the token supply.