$OM /USDT – FROM $7 TO $0.20, A HISTORIC COLLAPSE
Once trading above $7, $OM has faced one of the steepest declines in recent months, now struggling around the $0.20 zone. The chart shows how a single sharp breakdown wiped out nearly all of its market value, leaving long-term holders with massive losses of over 90%.
In the last 180 days, OM has dropped more than 97%, while its 1-year performance stands at –77%. Even though today’s price shows a small bounce (+2.48%), the overall trend remains extremely bearish.
Such price action highlights the risks of volatility in altcoins, where sudden pumps and brutal crashes can occur within short timeframes. Traders and investors are watching closely to see if $OM can stabilize and form a base around $0.20, or if more downside is ahead.
This serves as a reminder: always use strong risk management and avoid chasing extreme moves. Altcoins can deliver massive gains, but also equally massive drawdowns if entered at the wrong time.
