$OM

Will OM Recover? or Is this the Beginning of the End for the Token?

What Happened—

Mantra (OM) has been making waves in the crypto world recently! One of the most notable events was its dramatic price crash, where it lost over 90% of its value in a single hour, wiping out $6 billion in market capitalization. This led to widespread speculation about liquidity manipulation and insider activity.

To counter the fallout, Mantra's leadership announced a 300 million OM token burn, aiming to restore investor confidence and stabilize the price. The burn will reduce the total supply to 1.67 billion tokens, potentially increasing staking rewards and encouraging more participation. Despite these efforts, OM's price remains under pressure, trading around 0.50.

The crash has sparked intense debate in the crypto community, with some comparing it to past collapses like Terra’s LUNA.

Will OM Recover?—

My hard answer is NO! In fact, if you're a Futures trader, I encourage you to SHORT OM against USDT to 0.2!

OM recovery is nowhere in sight as more investors will pull out when they figure this out!

Check the results of my previous analysis and engage!

I'll always be here to update you on crypto trends and how to earn using Binance square in simple methods!

Love 💕 and light💡...

©dgtlngel