Title: $OM CEO burns 772,000 tokens
Post:
OM faced a ~90% drop after listing, mainly due to a large unlock and heavy selling.
On April 16, the CEO announced he will burn his entire allocation of 772,000 OM tokens.
This burn follows a major unlock of 15.98M tokens (~16% of total supply) set for April 17.
Unlocked allocations include core contributors, investors, and advisors.
While the burn doesn’t change the overall circulating supply in a big way,
it signals commitment during a crucial time.
Watching the next steps—especially how the team navigates utility, trust, and recovery.
What’s your take on this move?
(Select one)
#OMToken #MANTRA #TokenBurn #CryptoNews
#BinanceSquare #BinanceCommunity #Altcoins #Web3Updates
Genuine step to rebuild trust.
49%
Good but too small to matter.
18%
Won't impact recovery.
12%
Still holding $OM, watching.
21%
140 votes • Voting closed