#om OM tokens face a life-and-death crisis! After a 90% plunge, the project team angrily smashed 770,000 tokens for self-rescue, can the retail investors still trust it?

【Price Roller Coaster: From $9 to $0.37, retail investors are crying in the bathroom】

Recently, the most exciting script in the crypto world is none other than the OM token! Last February, it soared to $9, but in April this year, it suddenly played the 'roller coaster'—plummeting over 90% in just a few days, directly smashing the price to $0.35! Now, although it has rebounded to $0.3779, the market value has evaporated by 95%, and in a $360 million market cap, the tears of retail investors are almost soaking the K-line chart.

【Destroying 770,000 OM! The project team claims 'we do not cut retail investors'】

Faced with a tsunami of public opinion, OM's co-founder JP Mullin couldn't sit still! On May 17, he suddenly announced: destroying 772,000 OM tokens he held (about 0.79% of the circulation), and swore on Twitter: 'The team has never sold a single token!'

However, this operation has been wildly ridiculed by netizens: '770,000 is only worth $280,000, it can't even stir up a wave, it's not even as good as my downstairs pancake stall's daily turnover!' Moreover, some savvy individuals pointed out: the total supply of OM is 888 million, circulating supply is 974 million (?), is this mathematical genius not playing 'unlimited printing'?

【Technical Analysis Hides Secrets: Are the bulls starting to fight back?】

From the 4-hour K-line view, OM currently looks like a 'lying flat salted fish'—the moving averages are all in a bearish arrangement, and the MACD green bars are still rising. But strangely, the trading volume has suddenly increased to $100 million, three times more than before! Some analysts speculate: 'There may be large holders secretly buying the dip, or it may be a 'fake rebound' staged by the project team.'

Xiao Pang highlights: resistance at $0.42 (previous low resistance), support at $0.34 (historical low), if it falls below $0.34, it's really over!

【Must-See for Retail Investors! The Three Major Deadly Risks of OM】

1. Liquidity Black Hole: 24-hour trading volume of 100 million, but the top three exchanges account for 90%, once orders are withdrawn, it will 'instantly turn into dead coins';

2. Past Violations: Last year exposed for 'false lock-up and price manipulation', now playing with destruction again, the tactics are too familiar;

3. Team Control Concerns: 40% of the total tokens are not unlocked, and the founder could 'pull the plug' at any time.

【Xiao Pang's Spicy Review: Is OM an Opportunity or a Trap?】

Those buying the dip on OM now are either warriors or gamblers! Although the destruction may stimulate a short-term rebound, if the project team truly has sincerity, they should directly spend tens of millions of dollars to buy back, instead of fooling people with 770,000 'mosquito meat'.

Remember: there are no 'philanthropists' in the crypto circle, only 'scythe hands'. Xiao Pang advises everyone not to rush to buy the dip, wait until the trading volume has broken 200 million for three consecutive days and the price stabilizes at $0.5 before taking action!

Final reminder: the above analysis is for reference only, please confirm that you can bear the risk of total loss before investing in OM!#OMCoin $OM