#CryptoScamSurge Is OM Mantra a Scam? What the Price Drop Revealed
OM Mantra (OM), a DeFi and DAO project, saw its token price plunge sharply a few months ago, raising concerns about a potential scam.
However, investigation reveals several contributing factors: scheduled token unlocks increased the circulating supply, triggering sell pressure.
Communication from the team was limited during the drop, amplifying fear. Additionally, overall crypto market conditions were bearish.
While OM Mantra hasn’t vanished or rug-pulled, doubts remain due to unclear utility and poor transparency. It’s not a confirmed scam, but risks are evident.
Investors should be cautious and monitor whether the team delivers on its roadmap.
