😱 ¡$OM plummets by 90%! What happened to Mantra?
The token $OM of Mantra collapsed more than 90% in a matter of hours, dropping from $6.30 to less than $0.50. 
💥 What occurred?
• Mass liquidations: The drop is attributed to forced position closures on centralized exchanges during a period of low liquidity.
• Suspicious movements: Large transfers of $OM to exchanges were detected before the collapse, raising suspicions of insider selling. 
🔥 How did Mantra respond?
• The CEO, John Mullin, announced the burning of 300 million $OM tokens, including his own allocation of 150 million, to reduce the supply and try to stabilize the price. 
📉 And now what?
• Despite the token burn, the price continues to face resistance and investor confidence has significantly decreased. 
Do you think it can recover or is it the end of the project?
👇 Share your opinion in the comments!
