📉 OM Token Update: Strategic Moves Amid Price Fluctuations 🔥💼
OM is currently trading at $0.5275, reflecting a 5.83% drop in the last 24 hours. This comes after a sharp 90% plunge earlier in the month, reportedly due to forced liquidations by centralized exchanges. In a bold move to stabilize the market and restore trust, MANTRA CEO John Patrick Mullin has announced the burn of 150 million OM tokens from his personal allocation. Additionally, ecosystem partners are joining the effort, bringing the total burn to 300 million OM—a major step in reducing token supply and boosting long-term value.
Stay tuned as the community watches how these efforts shape OM’s future!
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