Right now, Binance hasn't officially said they're delisting OM (MANTRA), but there are a lot of warning signs that it could happen soon.
The OM token crashed hard — over 90% in a day — and that freaked a lot of people out. Part of it was because they suddenly doubled the token supply and made it inflationary (which means more tokens keep being created). That alone is enough to raise red flags with exchanges like Binance.
On top of that, people are saying the MANTRA team has been kind of shady — deleting their Telegram group(rumours) , being quiet when the price crashed, and not communicating well. There are also rumors (not confirmed) about insider selling.
Binance usually looks at stuff like:
If the team is active and transparent
If the trading volume is good
If the project is still being developed
If the community is stable
Right now, OM is failing in a few of those areas. So yeah — no official delisting yet, but it’s definitely at risk. If you’re holding OM, it might be a good time to rethink your position, just in case Binance pulls the plug.
The OM token crashed hard — over 90% in a day — and that freaked a lot of people out. Part of it was because they suddenly doubled the token supply and made it inflationary (which means more tokens keep being created). That alone is enough to raise red flags with exchanges like Binance.
On top of that, people are saying the MANTRA team has been kind of shady — deleting their Telegram group(rumours) , being quiet when the price crashed, and not communicating well. There are also rumors (not confirmed) about insider selling.
Binance usually looks at stuff like:
If the team is active and transparent
If the trading volume is good
If the project is still being developed
If the community is stable
Right now, OM is failing in a few of those areas. So yeah — no official delisting yet, but it’s definitely at risk. If you’re holding OM, it might be a good time to rethink your position, just in case Binance pulls the plug.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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