{"id":42928,"date":"2025-04-14T08:29:23","date_gmt":"2025-04-14T11:29:23","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/04\/14\/what-happened-to-mantra-that-led-to-om-tokens-90-price-crash\/"},"modified":"2025-04-14T08:29:23","modified_gmt":"2025-04-14T11:29:23","slug":"what-happened-to-mantra-that-led-to-om-tokens-90-price-crash","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/04\/14\/what-happened-to-mantra-that-led-to-om-tokens-90-price-crash\/","title":{"rendered":"What Happened to Mantra That Led to OM Token\u2019s 90% Price Crash?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Binance <a href=\"https:\/\/www.binance.com\/zh-CN\/support\/announcement\/detail\/8ccb514ecc664a7d93c71ea9eb173905\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">acknowledged<\/a> these tokenomic changes and had implemented risk controls for OM since October 2024, including reduced leverage levels and user warnings.<\/p>\n<p><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">The crypto community reacted suspiciously, with some alleging insider involvement or a potential rug pull.<\/span> <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Analysts pointed to large-scale token movements to exchanges before the crash as evidence of possible coordinated sell-offs.<\/span> \u200b<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">A wallet labelled as <a href=\"https:\/\/twitter.com\/LaserDigital_?ref_src=twsrc%5Etfw\" target=\"_blank\">@LaserDigital_<\/a> deposited over $41M worth of <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$OM<\/a> into OKX just 2 days ago.<a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$OM<\/a> price has dumped 90% in the last few hours\u2757\ufe0f<\/p>\n<p>This wallet received the majority of its <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$OM<\/a> holdings from GSR over a year ago!<\/p>\n<p>Address:<br \/>0xB37DBDec19737d52cDC8fD969B92bAA9e044f26A <a href=\"https:\/\/t.co\/PRoRFGNLRH\" target=\"_blank\">pic.twitter.com\/PRoRFGNLRH<\/a><\/p>\n<p>\u2014 Amir Ormu (@AmirOrmu) <a href=\"https:\/\/twitter.com\/AmirOrmu\/status\/1911505581837541544?ref_src=twsrc%5Etfw\" target=\"_blank\">April 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Mantra has denied these allegations, asserting that team and investor tokens remain locked and subject to vesting schedules.<\/span><\/p>\n<h2 id=\"om-price-exhibiting-dead-cat-bounce\">OM Price Exhibiting Dead Cat Bounce<\/h2>\n<p class=\"\" data-start=\"1384\" data-end=\"1510\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">As of now, OM is trading at approximately $0.73, reflecting a nearly 100% bounce from the April 13 low but still 87% below its pre-crash value.<\/span><\/p>\n<p class=\"\" data-start=\"1384\" data-end=\"1510\">Latest on-chain evidence reveals further downside pressure, with proofs of Mantra DAO staking wallet transferring around $38 million in OM tokens to a Binance wallet, raising further selloff risks.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 WARNING TO <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$OM<\/a> HOLDERS<\/p>\n<p>TEAM IS ABOUT TO SELL MORE!<\/p>\n<p>THE MANTRA DAO STAKE WALLET JUST TRANSFERRED 38M <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$OM<\/a> ($26.96M) TO A BINANCE COLD WALLET. <a href=\"https:\/\/t.co\/0rXjhENit1\" target=\"_blank\">pic.twitter.com\/0rXjhENit1<\/a><\/p>\n<p>\u2014 CryptoGoos (@crypto_goos) <a href=\"https:\/\/twitter.com\/crypto_goos\/status\/1911729313717617035?ref_src=twsrc%5Etfw\" target=\"_blank\">April 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\">\u201cIts a Dead cat bounce on <\/span><span class=\"r-18u37iz\"><a class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1loqt21\" role=\"link\" href=\"https:\/\/x.com\/search?q=%24OM&amp;src=cashtag_click\" target=\"_blank\">$OM<\/a>,\u201d noted market analyst <a href=\"https:\/\/x.com\/red_polkadot\/status\/1911529412903792684\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">@red_polkadot<\/a>, adding:<\/span><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\">\u00a0<\/span><\/p>\n<blockquote>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\">\u201cInsiders want your money, don\u2019t be stupid here. This coin has proven to be a rug. Mantra is another embarrassment to the cryptoverse.\u201d<\/span><\/p>\n<\/blockquote>\n<p class=\"\" data-start=\"1512\" data-end=\"1677\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Mantra plans to hold a community connect session on X to provide further updates and address concerns.<\/span> <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">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.<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Binance acknowledged these tokenomic changes and had implemented risk controls for OM since October 2024, including reduced leverage levels and user warnings. The crypto community reacted suspiciously, with some alleging insider involvement or a potential rug pull. Analysts pointed to large-scale token movements to exchanges before the crash as evidence of possible coordinated sell-offs. \u200b A wallet labelled as @LaserDigital_ deposited over $41M worth of $OM into OKX just 2 days ago.$OM price has dumped 90% in the last few hours\u2757\ufe0f This wallet received the majority of its $OM holdings from GSR over a year ago! Address:0xB37DBDec19737d52cDC8fD969B92bAA9e044f26A pic.twitter.com\/PRoRFGNLRH \u2014 Amir Ormu (@AmirOrmu) April 13, 2025 Mantra has denied these allegations, asserting that team and investor tokens remain locked and subject to vesting schedules. OM Price Exhibiting Dead Cat Bounce As of now, OM is trading at approximately $0.73, reflecting a nearly 100% bounce from the April 13 low but still 87% below its pre-crash value. Latest on-chain evidence reveals further downside pressure, with proofs of Mantra DAO staking wallet transferring around $38 million in OM tokens to a Binance wallet, raising further selloff risks. \ud83d\udea8 WARNING TO $OM HOLDERS TEAM IS ABOUT TO SELL MORE! THE MANTRA DAO STAKE WALLET JUST TRANSFERRED 38M $OM ($26.96M) TO A BINANCE COLD WALLET. pic.twitter.com\/0rXjhENit1 \u2014 CryptoGoos (@crypto_goos) April 14, 2025 \u201cIts a Dead cat bounce on $OM,\u201d noted market analyst @red_polkadot, adding:\u00a0 \u201cInsiders want your money, don\u2019t be stupid here. This coin has proven to be a rug. Mantra is another embarrassment to the cryptoverse.\u201d 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. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":42929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-42928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/42928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=42928"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/42928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/42929"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=42928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=42928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=42928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}