Analyst Warning: “Pi Network Could Be the Next Big Name” After the Collapse of Mantra

Mantra

The catastrophic collapse of the OM token from the Mantra project, with its value plummeting over 90% in just minutes and erasing billions of dollars in market capitalization, has created a massive shock in the cryptocurrency industry. This incident, seen as a wake-up call, has raised serious concerns about similar vulnerabilities in many other projects, particularly Pi Network – a name that is attracting significant attention from the community.

A Wake-Up Call from the Collapse of Mantra

The Mantra event dealt a strong blow to market confidence, while exposing the potential risks of lacking transparency and robust protective measures. The price of OM crashing uncontrollably within an hour led many critics to point out alarming signs such as the possibility of market manipulation, opaque token management, and centralized control issues – factors that contributed to accelerating the collapse.

With over $5.5 billion in value wiped out, this incident has become a typical example of the severe consequences that can occur in an environment lacking effective risk management measures. Not only did it leave investors stunned, but the event also put the industry on high alert.

Transparency and Protection Measures: Growing Concerns

Dr. Altcoin, one of the leading cryptocurrency analysts, highlighted alarming similarities between the collapse of OM and the current state of Pi Network.

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