【Another 'LUNA Moment'? 08453207974 Crashes, 5.5 Billion Dollars Instantly Vaporized】
OM gave the market a lesson today—falling from $6.33 to $0.50 in less than an hour, with a market value evaporating by 5.5 billion dollars, resembling a 'nuclear explosion on the chain'.
🔻 The team's address allegedly transferred 3.9 million $OM to OKX, triggering panic selling.
🔻 The project party controls about 90% of the supply, raising suspicions of 'feeding-level manipulation'.
🔻 Selling at low prices off-exchange (yes, at 50% off) + forced liquidation by exchanges.
🔻 During the incident, the Telegram group was muted, and the project party went into hiding, causing more frustration for investors.
🧨 The project responded, saying: it wasn't a pump; it was the exchange's liquidation at play. But do you believe that?
It's also worth considering—should exchanges set stricter thresholds for these 'potential time bomb-type tokens'?