$OM MANTRA's Management recent statement clarifies the cause of $OM's 90% price drop. Key points include:
*Cause and Response*
1. *Liquidations, not exploit*: The crash was attributed to a wave of liquidations during low-volume hours.
2. *Recovery plan*: MANTRA is working on a strategy to revive the token.
*Outlook*
1. *Potential bounce back*: A recovery is expected, but the extent is uncertain.
2. *Test of faith*: $OM holders are waiting to see if the team can successfully execute their plan.
The situation is being closely watched, and a successful recovery could lead to a significant comeback, and potentially can give big profits.
Hope for the best.#BinanceAlphaAlert #Mantra(om) CryptoMarketCapBackTo$3T#MarketRebound