#om #OMNI The recent sharp decline in the price of the OM coin (Mantra) can be attributed to a combination of unfortunate events. A major factor was the forced liquidation of a large holder’s position on a centralized exchange during a time of low market liquidity. This triggered a cascade of automatic sell-offs, rapidly pushing the price down from around \$6.50 to below \$0.60 in a very short time. The situation was made worse by high leverage trading and thin market conditions, which amplified the downward pressure. In an effort to restore confidence, the Mantra team announced the burning of 300 million OM tokens, including 150 million from the founder’s own allocation. Despite these recovery efforts, the price of OM remains significantly lower, and investor sentiment is still cautious as the market seeks stability.$OM