#OMCoin $OM ๐ช high volatile
high risk
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๐ช OM Coin (MANTRA) โ Binance Update Snapshot
๐งพ Key Highlights at a Glance
๐ข Token: OM (MANTRA)
๐ Exchange: Binance & others
๐ฅ Status: High volatility | Investor alert!
๐ April 2025 Price Crash
โ ๏ธ Drop: From $6.30 โก๏ธ $0.38
๐ธ Loss: Over $5.5 Billion wiped $DOGE
Causes:
๐ Cross-Liquidations: Leverage wiped out across Binance, OKX
๐ Supply Spike: OM supply doubled from 888M โก๏ธ 1.77B
๐ณ Whale Activity: Big wallets dumped OM pre-crash
๐ Binanceโs Response
โ Confirmed crash cause
๐ก๏ธ Risk controls added: Lower leverage since Oct 2024
โ๏ธ Still monitoring liquidity impacts
๐ธ Impact on Investors
โ Heavy Losses
๐ One trader lost $17M in a single OM trade
โ ๏ธ Risk flagged for high-leverage users
๐ฎ Recovery in Progress
๐ฅ Token Burn: Under discussion
๐ฐ Possible Buybacks
โณ No official recovery roadmap yet
๐ Current Market Sentiment
๐ Bearish outlook
๐ง Investor trust: Shaken
โป๏ธ Volatility: Still high
๐ Caution advised