MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations
- The OM token experienced a 90% crash on Sunday.
- Investors allege an insider dumped holdings.
- An estimated $5 billion in market value was wiped out.
- MANTRA attributes the crash to ‘reckless liquidations’.
- The project is known for tokenizing real-world assets (RWAs).
- MANTRA has partnerships with Google Cloud.
The MANTRA crypto project’s OM token plummeted by 90%, erasing approximately $5 billion in market value. Investors suspect insider involvement, while MANTRA cites ‘reckless liquidations’ as the cause.
Source (2.6)https://news.bitcoin.com/mantras-om-token-crashes-90-amid-insider-sell-off-allegations/?rand=52384