Yes, the news about MANTRA CEO John Patrick Mullin burning his allocated 150 million OM team tokens is accurate and has been officially confirmed. This action is part of a broader transparency initiative aimed at rebuilding community trust following a significant price crash of the OM token on April 13, 2025.
The unstaking process for these tokens has commenced and is scheduled to complete on April 29, 2025. Once unstaked, the tokens will be sent to a designated burn address, effectively removing them from circulation. 
In addition to this, MANTRA is in discussions with key ecosystem partners to potentially burn an additional 150 million OM tokens. If this proceeds, it would bring the total token burn to 300 million OM, representing approximately 16.5% of the total supply.  
These measures are part of MANTRA’s efforts to stabilize the OM token and restore investor confidence after the recent market volatility.
Sorry guys I make a wrong prediction about $OM if anyone hold it I requested him to sell him immediately due to its Zero potential and totally Unuseful.
$PI remains one of the biggest cashgrabs in recent history and it’s only a matter of time till the house of cards comes crashing down.
A similar scenario as the one on $OM is unfolding. The team controls the vast majority of supply, spread across thousands of wallets. Unlocks are starting and it won’t be pretty. This will cause constant sell pressure - and eventually a massive cascade downwards.
There is a good reason why not a single reputable exchange has listed the token, it can’t pass even a basic due diligence process. And that again only makes it worse, there is very little liquidity depth and the selloffs will be catastrophic.
why is the $OM holders happy in this picture brothers and sisters? is there any good news coming ? my heart is beating fast 📉 #wolfmeempire #kwesigifted 🐺🇬🇭
Some people don’t want to look at the facts. This is a warning for those who don’t know 🚩 #pi will crash harder than you imagine and it will be worse than $OM Currently ONLY 350M tokens are on CEXs and 200M+ unlock monthly… just do the math. The team owns 20 Billion tokens spread on many wallets.... #PiNetwork $BTC $ETH
Yeah, lets go brother, your 💩 is about to explode. You coin is already dead.
Alex1i9
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Is $OM
about to explode?! Rumors are flying — and the alpha’s getting loud. Some sources are saying $OM could hit $9 soon… and honestly? The charts aren’t disagreeing.
This ain’t just hopium — there’s noise from legit news articles backing the momentum. Low cap. Strong fundamentals. Narrative heating up.
If you’re watching from the sidelines, this might be the last calm before the breakout.
$OM at $9? That’s a 5x+ move. And in this market? That kind of run could spark FOMO like wildfire.
Don’t say “I saw it at $1” later. Stack smart. Ride early. Exit loud.
Let’s talk about **Pi Network** – the so-called "crypto" project that’s still fooling people. Here’s the truth, and you can decide for yourself:
1️⃣ Prank 1: The KYC Trap** They lure you in by saying, "Mine 30 Pi, and you’ll be eligible for KYC verification." People wait months (or years) for KYC, only to get stuck in endless queues.
2️⃣ Prank 2: The Lockup Scam** Once you complete KYC, they pressure you into locking up your Pi with promises of "bonus rates." Most people don’t even read the terms – and guess what? Your Pi gets locked for months or even years.
3️⃣ **Prank 3: The Migration Queue** After locking your Pi, they throw you into a "migration queue" with no clear timeline. On **February 28**, they extended the migration deadline to **March 14**, leaving users in limbo yet again.
4️⃣ **Prank 4: The Bonus Trickery** Even if you complete all steps and migrate your Pi to the wallet, they lock it for 2 weeks. After the lockup period, they move your balance **back to the Pi app**! What kind of nonsense is this?
5️⃣ **Prank 5: The Penalty Excuse** Now, they’re penalizing users because their "invited friends" haven’t completed KYC. Seriously? Is it our responsibility to force friends to do KYC? This is just a cheap excuse to trash 6 years of hard work.
**The Truth:** Pi Network is using its users to create hype while they profit. Real cryptocurrencies require energy, machinery, and blockchain technology – not a single tap on a mobile app. Meanwhile, Pi Network is quietly releasing their own token on exchanges like **OKX** and **Bitget**, using the community as free marketing.
**Final Thoughts:** Cryptocurrency isn’t a joke, and neither is your time. Don’t fall for projects that promise the moon but deliver nothing. Pi Network is a clear example of how NOT to build trust in the crypto space.
**#PiNetwork #ScamAlert #CryptoTruth #StaySafe** $BTC $ETH What’s your take on Pi Network? Share your thoughts below! 👇
I am writing to formally notify you of my intent to pursue legal action against Pi Network for the unjust withholding of my Pi cryptocurrency balance. Despite fulfilling all required conditions, including but not limited to completing the Know Your Customer (KYC) verification process and adhering to the terms outlined in your user agreement, I have been unable to access or transfer my Pi balance.
As a dedicated user of Pi Network, I have actively participated in the ecosystem and upheld my responsibilities as outlined by your platform. However, the continued inability to access my funds has caused significant financial and emotional distress. I have made multiple attempts to resolve this matter through your support channels, but my concerns remain unaddressed.
This notice serves as a final attempt to resolve this issue amicably before escalating it to the appropriate legal authorities. I urge you to release my Pi balance immediately or provide a clear and actionable explanation for the delay. If I do not receive a satisfactory response within **14 days** of this notice, I will have no choice but to pursue legal remedies, including filing a lawsuit against Pi Network for breach of contract and any other applicable claims.
Please treat this matter with the urgency it deserves. I hope to resolve this issue without further escalation, but I am fully prepared to take all necessary steps to protect my rights and recover my assets.
Your transferabke is gone, because it will merge with your unverified balance to be migrated at once, stop posting FUD you dumb nuts.
Zia Jatt
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Bearish
"Nothing happens. Nobody comes. Nobody goes. It's awful." Deadline is over but second wave of Mainnet Migration is still under the carpet. Pi day bore the bearish momentum of 8%. Even we lost our transferable balance.
Seems that core team isn't working aptly on all gears. #PiCoreTeam #Mainnet #Piday