比特财经阿杰
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Bearish
Behind the Collapse of OM Coin: A Trust Crisis Triggered by a 'Money Printing Machine'!
Recently, OM Coin experienced a shocking crash, plummeting from a high of $6 to just $0.37. The mastermind behind this drastic decline is the project's reckless manipulation of the rules, which directly destroyed the economic foundation of the token.
The crux of the matter lies in two fatal operations: first, the project team unexpectedly issued nearly 900 million additional OM tokens, inflating the total supply to 1.78 billion, effectively slicing the assets of all holders in half in an instant. Second, they abandoned their previous commitment to a fixed total supply of tokens and opted for an unlimited issuance model, which undoubtedly planted a huge time bomb for the future price of the coin.
These newly issued tokens are mainly used for three purposes: first, to reward current stakers; second, for testnet airdrops to attract new users; and third, as benefits distributed to the team and investors. However, anyone with a discerning eye can see that this unchecked 'flooding' behavior completely ignores the market's capacity.
The reasons for the coin's price collapse are obvious: the market suddenly faced nearly double the supply, prompting anyone with common sense to sell off quickly. Even more infuriating is that the project team announced plans to unlock over 7 million tokens on April 18, which undoubtedly aims to completely harvest the assets of investors. Even Binance could not bear to watch, issuing a risk warning directly.
The current situation is akin to a developer suddenly announcing that all homeowners' property sizes have been cut in half, while planning to continue constructing illegal buildings. Those holding OM Coins not only see their assets evaporate instantly but also have to watch helplessly as the project team recklessly activates the money printing machine. With such a project, who would dare to hold long-term?
If you are also trapped in a predicament and don't know when to bottom out, please follow me, leave a message and like in the comments. I need the support of fans, and you need professional references; blind guessing is not as good as precise grasping!
#美国半导体关税 #MichaelSaylor暗示增持BTC #巨鲸动向 #保护您的资产 #om $OM
$BTC
$ETH
Recently, OM Coin experienced a shocking crash, plummeting from a high of $6 to just $0.37. The mastermind behind this drastic decline is the project's reckless manipulation of the rules, which directly destroyed the economic foundation of the token.
The crux of the matter lies in two fatal operations: first, the project team unexpectedly issued nearly 900 million additional OM tokens, inflating the total supply to 1.78 billion, effectively slicing the assets of all holders in half in an instant. Second, they abandoned their previous commitment to a fixed total supply of tokens and opted for an unlimited issuance model, which undoubtedly planted a huge time bomb for the future price of the coin.
These newly issued tokens are mainly used for three purposes: first, to reward current stakers; second, for testnet airdrops to attract new users; and third, as benefits distributed to the team and investors. However, anyone with a discerning eye can see that this unchecked 'flooding' behavior completely ignores the market's capacity.
The reasons for the coin's price collapse are obvious: the market suddenly faced nearly double the supply, prompting anyone with common sense to sell off quickly. Even more infuriating is that the project team announced plans to unlock over 7 million tokens on April 18, which undoubtedly aims to completely harvest the assets of investors. Even Binance could not bear to watch, issuing a risk warning directly.
The current situation is akin to a developer suddenly announcing that all homeowners' property sizes have been cut in half, while planning to continue constructing illegal buildings. Those holding OM Coins not only see their assets evaporate instantly but also have to watch helplessly as the project team recklessly activates the money printing machine. With such a project, who would dare to hold long-term?
If you are also trapped in a predicament and don't know when to bottom out, please follow me, leave a message and like in the comments. I need the support of fans, and you need professional references; blind guessing is not as good as precise grasping!
#美国半导体关税 #MichaelSaylor暗示增持BTC #巨鲸动向 #保护您的资产 #om $OM
$BTC
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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