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OKARI CRYPTO
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dear fellows. Bitget just suspend the deposit of
#OM
trade wisely.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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OM
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-11.95%
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0
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JP Mullin: Mantra (OM) Is “Down, But Certainly Not Out” JP Mullin thanked the Web3 community, investors, and partners for their support in the 36 hours following the crash. He said Mantra had survived multiple market cycles and would keep building even after a setback like this one. Mullin claimed that massive forced liquidations on Bybit, involving large OM token holders, triggered the sudden price collapse. Mullin addressed OM traders directly, acknowledging the pain and losses many faced. Additionally, he praised Shorooq Partners and Laser Digital for backing Mantra and staying transparent with the public. Mullin said the team would release a post-mortem report within 24 hours, using both on-chain and off-chain data to show what happened. He also announced plans for an OM token buyback and supply burn to rebuild trust and prove long-term commitment. Mullin credited Mantra’s team for their fast response, saying the past two days showed their strength. He promised to keep sharing verified updates only through his account and Mantra’s official channels. #om
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now every one is talking about #om why it is not pumping. the reason behind near 80% positions are long. so it is not possible a sudden pump in #Om . first it will liquidate long positions.
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no drought #om is a good project but now the team is acting like rug puller and scammers. from .52 to again .37 is act of scamming the small retailer money which is beneficial for the team but not for the project.
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for the time being no technical or fundamentals are working on #om strong resistance is .40 if om maintain this level up to one wek then it will reach $1 easily. now it is just the game of supply and demand. u can buy at .42 and just Hold. as our beloved #cz said that if u cant hold u cant win.
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when #om decline from $9 to .37 they said its 90% fall. any one can explain this percentage?
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