KeplerResearch
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LUNA Scam Resurfaces! $OM Plummets 90%, Over $6 Billion Evaporated in 30 Minutes!
1. It all started with a sudden deposit of 3.9 million $OM tokens by the @MANTRA Chain team at OKX exchange. This event attracted widespread attention.
2. Reports indicate that the OM team controls about 90% of the total supply of the token. This means that only a few individuals hold most of the control over the token's price. This is already a significant warning sign.
3. Over the past year, there have been some trust issues within the community. Some of the concerns include: the team allegedly using market makers to artificially inflate prices; they quietly changed the economic mechanisms of the token; and they continually postponed promised community airdrops.
2. Reports indicate that the OM team controls about 90% of the total supply of the token. This means that only a few individuals hold most of the control over the token's price. This is already a significant warning sign.
3. Over the past year, there have been some trust issues within the community. Some of the concerns include: the team allegedly using market makers to artificially inflate prices; they quietly changed the economic mechanisms of the token; and they continually postponed promised community airdrops.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
OM
0.4516
-7.42%
LUNA
0.1862
+1.91%
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