#OM #OM The decline of OM currency is due to several reasons, as the currency has witnessed a sharp drop in its value. Here are the main reasons ¹ ²:

- *Rash liquidations*: According to the development team, a large number of open positions were suddenly closed without any prior notice or margin calls, leading to a series of rapid price drops.

- *Decreased market liquidity*: During the period of decreased liquidity, a large number of open trades were liquidated, exacerbating the sharp drop in price.

- *Market volatility*: The cryptocurrency market is characterized by significant volatility, and currencies can be affected by external factors such as central bank decisions and changes in monetary policies.

- *Regulatory uncertainty*: The regulatory landscape surrounding cryptocurrencies is continuously evolving, creating a state of uncertainty in the market.

- *Investor fears*: Fears and rumors can impact the trading of cryptocurrencies, leading to capital withdrawals.

It is noteworthy that the OM currency has experienced a significant decline in its value, having lost more than 90% of its value in less than an hour, resulting in billions in market capitalization losses.