💥💥Mantra News Alret💥💥
#Mantra (OM) is one of the top cryptocurrencies to watch this week after its plunge last week. The management blamed the crash on liquidations by one large exchange, while Arkham pointed to token sales by it insiders and investors. Mantra has rejected those claims and pledged to execute buybacks and token burns.
The OM token has crashed from the year-to-date high of $9.5 to $0.5938, and has slowly formed a bearish pennant pattern. Therefore, while investors may be tempted to buy the dip, it is likely to continue falling, with the next point to watch being the psychological point at $0.50.
