$OM ’s Comeback Plan? Buyback, Burn… and Big Questions Still Remain 😅💥

So JP Mullin, #MANTRA 's CEO, has finally spoken out after the recent price collapse. One of the key things he mentioned?

A token buyback and burn are in the works. Sounds good on paper, right? At least it gives a little hope to holders who are currently deep underwater. 🥲

He also promised that the team will now focus on sharing accurate and timely info with the community. Cool. We love transparency — but let’s be honest, talk is cheap and what we’re all waiting for is real action.

Buyback & Burn: The Go-To Damage Control Moves? 💸 😤Buybacks and burns are classic tools when projects try to clean up after a mess. The idea is to reduce circulating supply and give the token price a bit of a lift. But here’s the thing: buybacks cost money. Real money. 🥴 ... So... where’s that money coming from? 💦🙊

What’s OM’s Financial Status Anyway?🙄🥀 That’s the tricky part. We tried checking platforms like Artemis and Token Terminal, but OM’s financials are either limited or straight up missing. Unlike top-tier protocols that publish detailed revenue stats, treasury health, or fee data, OM’s financial house still feels like a black box. 🕳️

Our guess? 🤔 If this buyback happens, it’ll most likely be funded from previous VC rounds, not profits from actual protocol operations — because we just don’t see clear revenue streams.

Can OM Bounce Back? 💣😶‍🌫️ Let’s be real — for #OM to return to its pre-crash price, it needs a +900% pump from where it stands now. 🤡 That’s a massive hill to climb, and it’s going to take more than just tweets and promises to get there.

But hey, we’ll be watching closely. Either this becomes a textbook comeback story, or a deeper fall is waiting.

For now, fingers crossed 🤞... and wallets cautious.

Stay sharp out there, frens. And remember: words are cheap, but on-chain never lies. 💥 DYOR!#WhaleMovements