🔥 OM (MANTRA) DROPS MORE THAN 90% IN A NIGHT - HACK OR RUG PULL? 🔥

6 billion USD market cap of OM has been wiped out in just 30 minutes …. 😱

The lowest price on Binance was 0.37 USD, a decrease of 95% compared to the price before the crash of 6.8 USD …

A whale wallet that only invested in OM has lost 15 million USD … 😭

It is still unclear whether this is a hack or a rug pull, although many people are spreading FUD about the scam team and some KOLs have started to analyze this as a rug pull, even comparing OM to LUNA.

OM operates on many different chains so we need to verify information across all chains before drawing conclusions.

I will provide more updates on this today when I have more complete information.

Hopefully, no one in the Upside team holds a large position or is all-in on this. It seems that whenever the market is in a downtrend for a few months, incidents like this tend to appear ☹️

⛔ PS: THERE MAY BE A DEAD-CAT BOUNCE BEFORE OM TOTALLY DIES, PLEASE MANAGE YOUR RISK AND BE CAUTIOUS IF YOU WANT TO CATCH THE BOTTOM OF OM.

From Alex Hưng (Upside Contributor)