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OM Token Plummets 90% Insider Sell-Off

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
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