Which Coin Will Be the Next $OM Mantra?
The crypto market is in a bearish phase, and it’s exposing the real strength—or weakness—behind many tokens. One of the most shocking crashes we've seen recently? OM (Mantra) dropped over 90% in just one hour, erasing $5.5 billion in value.
So, what led to this disaster?
Let’s break it down:
- Market makers were allegedly used to artificially inflate prices
- The promised community airdrop was delayed
- Quiet and suspicious tokenomics changes
- And worst of all — OTC (Over-the-Counter) deals reportedly offering tokens at up to 50% discounts
$BTC
Now, compare that to strong fundamentals like:
- Bitcoin (BTC): Truly decentralized, no team controlling supply or narrative.
Now contrast OM Mantra with known trash coins like:
- BitConnect (BCC): Once a top 20 coin that turned out to be a massive Ponzi scheme
- SafeMoon: Promised the moon, but delivered rug pulls and lawsuits
- Terra (LUNA): A top project that collapsed due to flawed stablecoin mechanics and overleveraging
Here’s what to take away:
In bear markets, weak projects fall apart — and shady practices get exposed. Now more than ever, DYOR (Do Your Own Research) is critical. Don’t chase hype. Look at the fundamentals:
- Is the team transparent?
- Is there real-world use?
- Is the community organic or manufactured?
- Are tokenomics fair and sustainable?
Suggestions for all investors:
- Don't trust a coin just because it's trending
- Watch wallets, not influencers
- Study the on-chain activity, liquidity, and supply distribution
- Be cautious with any token that’s overly centralized or opaque
The big question remains: Who will be the next $OM Mantra? There are whispers about another top 20 coin engaging in shady OTC deals. Will history repeat itself?
Stay sharp, stay selective — and protect your capital.