The Billion-Dollar Scam: How the OM Team Manipulated the Market and Left Everyone in 🚨🪦🚨Shock
$OM
Reasons Behind the Collapse:
1. Tokenomics Shift:
In 2024, the total supply was increased to 1.77 billion tokens, transitioning to an unlimited inflationary model, which significantly diluted the value of existing holders.
2. Fake Liquidity Boost:
The team allegedly exploited loopholes in validation systems to create an illusion of high trading volume, misleading investors about the actual market activity.
3. Mass Sell-offs by Whales:
Millions of OM tokens were transferred to exchanges and dumped in large quantities, causing a dramatic price crash.
4. Allegations of Insider Manipulation:
Rumors suggest that some team members or major investors sold massive amounts of tokens before the collapse.
Founder John Patrick Mullin blamed centralized exchanges, claiming forced liquidations contributed to the downfall.
A recovery plan was announced, including token buybacks and a proposed burn of 300 million team-owned tokens — but it was all talk, with no action taken.
Key Lessons:
Never trust a project that lacks transparency or suddenly changes its tokenomics.
Monitor large wallet activities closely.
Don’t put all your capital into one project.
Stay alert for signs of manipulation or artificial hype.
So, what’s your move?
Will you keep riding this risky wave, or would you rather follow one of my successful trades — or trade on your own?
As for me, I'm waiting for it to hit 3 cents — a pure gamble, not a serious investment.
$OM
