$OM dumped $6 billion in minutes 📉
#mantra lost over $6B in market cap, a dramatic move reminiscent of the 2019 $POL dump, which was later linked to bad actors manipulating liquidity to trigger cascading liquidations.
Similar to the Polygon dump, the Mantra team didn't sell their tokens. But the damage had been done 💥
And it exposed a hard truth: cutting-edge technology, partnerships with names like Google Cloud or DAMAC, aren't enough. Governance, communication and risk management are just as important.
According to CEO John Mullin, the team's top priority now is to restore $OM's value through strategic buybacks and token burns 🔥
#CanadaSOLETFLaunch #MetaplanetBTCPurchase #WCTonBinance #BitcoinWithTariffs
