$OM
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Why a Coin Like #OM (MANTRA) Might Suddenly Drop in Price
Bad News and Market Panic
If there’s negative news—like government crackdowns, a major exchange removing the coin, or a hack—it can scare people into selling. Also, if a related blockchain (like Ethereum or Polkadot) runs into problems, it can hurt #OM too.
Low Liquidity
When not many people are trading the coin, big buys or sells can cause huge price swings. If a whale sells a lot at once, the price can crash quickly.
Project Delays or Poor Communication
If the team behind the project isn’t hitting their goals, delays features, or goes quiet, it makes investors nervous and they might pull out.
Too Many Tokens in the Market
If too many #OM tokens are released at once or if the token is inflationary, the extra supply can push the price down due to less demand.
Overall Crypto Market Conditions
If Bitcoin or the whole market is down, altcoins like #OM usually get hit even harder. They’re seen as riskier and have less support.
Scam or Rug Pull Fears
If people think the team is dumping tokens or planning to vanish with investor money, it causes panic and mass selling.