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What do you want to say about this shit coin??
$OM

Don't expect $OM to recover.
it has become scam coin now.

TRASH coin $OM

The cryptocurrency market has been rocked yet again by the dramatic crash of Mantra’s $OM token, which plummeted over 90% in a single hour on April 14, 2025, wiping out approximately $6 billion in market capitalization.

The $OM token, tied to Mantra’s real-world asset (RWA) tokenization platform, dropped from $6 to $0.40 in a matter of hours, triggered by what the Mantra team described as “reckless liquidations” on centralized exchanges during a period of low liquidity.

A massive deposit of 3.9 million OM tokens to the OKX exchange, reportedly linked to a team wallet, fueled panic and speculation of a potential rug pull.

is this coin rugpull??

what the $OM is going on....
😂😂
The cryptocurrency market has been rocked yet again by the dramatic crash of Mantra’s $OM token, which plummeted over 90% in a single hour on April 14, 2025, wiping out approximately $6 billion in market capitalization.

The $OM token, tied to Mantra’s real-world asset (RWA) tokenization platform, dropped from $6 to $0.40 in a matter of hours, triggered by what the Mantra team described as “reckless liquidations” on centralized exchanges during a period of low liquidity.

A massive deposit of 3.9 million om tokens to the OKX exchange, reportedly linked to a team wallet, fueled panic and speculation of a potential rug pull.

Mantra bounces 200% after OM price crash but poses LUNA-like 'big scandal' risk

The OM price bounce appears eerily similar to what Terra's LUNA witnessed after its 99% crash in May 2022.

OM $0.4981  token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam.

Co-founder JP Mullin reassured the community that the project remains active, pointing to the official Telegram group being “still online.”

“We are here and not going anywhere,” Mullin wrote, also sharing a verification address to prove the team’s OM token holdings. He attributed the OM’s crash to “reckless forced closures initiated by centralized exchanges.”

The assurance calmed the OM token sell-off that had obliterated over $5 billion in market capitalization and liquidated $75.9 million worth of futures positions in a day.

Numerous online commentators claimed the Mantra team, reportedly controlling 90% of the token supply, orchestrated the sell-off amid suspicious OM transfers to centralized exchanges right before the crash.
 token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull.

Numerous online commentators claimed the Mantra team, reportedly controlling 90% of the token supply, orchestrated the sell-off amid suspicious OM transfers to centralized exchanges right before the crash.

$OM what's best to do spot or future trade??
any suggestions.

Got liquidated $OM

Such a bad trade 😂.

How low will this go??
any experts here again??

Mantra Crypto Crash: $4.5 Billion Wiped Out After 90% Plunge Amid Rug-Pull Allegations

The Mantra crypto crash wiped out over $4.5 billion in less than two hours after OM plunged 90%, sparking rug-pull fears.

The Mantra team denied any involvement.

“Today’s activity was triggered by reckless liquidations, not anything to do with the project,” Mantra posted on its official X account on April 13. “One thing we want to be clear on: this was not our team.”

The Mantra token saw its market cap drop from over $5 billion to around $500 million in less than 2 hours. 

An investor said in the project’s Telegram group that the “team rugged” and that “it’s over.” Community lead Dustin McDaniel replied to the message and denied that the team was behind the selling activity. 

He added that the team is based in Hong Kong and that it was 3:00 a.m. in the morning when the activity occurred.

Crazy stuff going on $OM

My trade quite not so good ATM.
Comment your trade??
$OM

Mantra’s OM token experienced a catastrophic collapse, plunging over 90% from approximately $6.30 to below $0.50 within an hour. The sudden drop erased more than $5 billion in market capitalization, drawing parallels to the infamous Terra LUNA crash of 2022.

Mantra plans to hold a community connect session on X to provide further updates and address concerns. The team has also indicated that they are compiling a list of exchanges involved in the forced liquidations and will release more details in due course.

Forced Liquidation Led to Mantra $OM Price Crash

The Mantra price crash has resulted in wiping out nearly $6 billion from the crypto market. Crypto experts like StarPlatinum have compared it to the LUNA crash, which affected the entire market. In a detailed analysis, StarPlatinum revealed that the crypto whales, failed Mantra airdrop, and investors’ panic resulted in the crash.

The Mantra co-founder John Patrick Mullin and the team clarified that forced liquidators from OM crypto investors on centralized exchanges resulted in the crash. More importantly, he clarified that the team is not behind the crash.

A Lookonchain post also brought clarity to the situation, revealing that 17 crypto traders deposited nearly 4.5% of the OM’s circulating supply, equivalent to 227M participating in the crash.

At the time of writing, the OM token price is still down, trading at $0.8 with a market capitalization of $761.45M. Investors are now eyeing the experts’ Mantra predictions to witness recovery.

Do you think it's a forced liquidation??

Did a long trade on $OM .
Not sure how this goes..
any suggestions..??

Did you long or short??

Here’s How Crypto Traders Lost $400M With Mantra (OM) Massive Price Crash

While the rest of the crypto market witnessed significant recovery, the Mantra (OM) price crashed, leaving traders with massive casualties. Within a few hours, the popular altcoin crashed by nearly 90%, leaving holders with losses. Although the issues have been identified, the downfall remains, leaving a group of investors in a $400M loss and many others.

Amid the crypto market’s high volatility due to the US- China war, the Mantra price crash left investors with massive losses. This includes a group of 19 fresh crypto wallets or traders who moved 14.27M OM equivalent to $91M just three days before the crash.

Spotonchain X’s post revealed that these investors have scooped a massive OM tokens holding, i.e., 84.15M ($564.7M) from Binance just three days ago. Now, with the OM price crash, their remaining 69.08M OM are worth only $62.2M, leaving them in a staggering $406.3M loss.

Have you invested into $OM ??

Mantra's OM token crashes 90%, founder blames exchanges

On Apr. 13, the price of the Mantra Chain (OM) token dramatically tanked by more than 90% to as low as $0.456472. Mantra is a well-known blockchain for real-world asset (RWA) tokenization.

The token was trading well above the $6 price mark before the collapse. Its market cap has come down from more than $6 billion to $681 million.

Mantra co-founder JP Mullin wrote on X (formerly Twitter) that “reckless forced closures initiated by centralized exchanges on OM account holders” led to the token’s collapse. He further claimed that there was one particular exchange responsible for it but denied that it was Binance.

On-chain analytics platform Lookonchain claimed that at least 17 wallets deposited 43.6 million OM tokens worth $227 million then into exchanges. These tokens constituted 4.5% of the total circulating supply.

Shorooq Investors, another prominent investor in Mantra, also denied on X that Shorooq funds, founding partners or MANTRA teams sold any OM tokens. It also denied any exploit, claiming that on-chain data confirmed a large forced liquidation was the trigger for the price’s collapse.

The cascade happened in low-liquidity hours, leading to panic sell-offs,” Shorooq Investors added.

$OM #om

and finally
because of $pepe got liquidated.

What the $FORTH is going on 😂

Maan $0.0500
$ACT going down.

losing everything.
Did anyone short??

high volatility, trade on your risk.

$ACT is coming down, coming down
all way down
😂😂