OM Token Crash: What’s Happening with MANTRA?
The OM token ($OM) just tanked over 90%, dropping from $6+ to $0.37 on April 13, 2025! Billions wiped out in market cap—some say $3.5B-$10B gone. Here’s what might be behind it:
Team Dumping Allegations: Rumors are swirling that the MANTRA team dumped a huge chunk of tokens (some claim they held 90% of supply). Big transfers were spotted on exchanges like OKX & Binance pre-crash. Insider selling?
Forced Liquidations: Co-founder JP Mullin says a big investor’s “reckless liquidations” on a CEX caused this, not the team. They claim their tokens are safe, but not everyone’s buying it.
Trust Issues: MANTRA’s Telegram group went offline during the chaos, sparking “rug pull” fears. Team says it’s back, but damage done.
Tokenomics Trouble?: Questions about MANTRA’s tokenomics have been around. Did an unsustainable model or low liquidity fuel this fire?
Market Mood: Crypto’s volatile, and a broader downtrend might’ve added fuel to this crash.
The team denies any scam and says they’re investigating, but the community’s rattled. Is this a buying dip or a red flag? What do you think—will $OM recover? Drop your thoughts below!
$OM #MANTRA #cryptocrash #Binance
The OM token ($OM) just tanked over 90%, dropping from $6+ to $0.37 on April 13, 2025! Billions wiped out in market cap—some say $3.5B-$10B gone. Here’s what might be behind it:
Team Dumping Allegations: Rumors are swirling that the MANTRA team dumped a huge chunk of tokens (some claim they held 90% of supply). Big transfers were spotted on exchanges like OKX & Binance pre-crash. Insider selling?
Forced Liquidations: Co-founder JP Mullin says a big investor’s “reckless liquidations” on a CEX caused this, not the team. They claim their tokens are safe, but not everyone’s buying it.
Trust Issues: MANTRA’s Telegram group went offline during the chaos, sparking “rug pull” fears. Team says it’s back, but damage done.
Tokenomics Trouble?: Questions about MANTRA’s tokenomics have been around. Did an unsustainable model or low liquidity fuel this fire?
Market Mood: Crypto’s volatile, and a broader downtrend might’ve added fuel to this crash.
The team denies any scam and says they’re investigating, but the community’s rattled. Is this a buying dip or a red flag? What do you think—will $OM recover? Drop your thoughts below!
$OM #MANTRA #cryptocrash #Binance
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