OM Coin, a major player in the cryptocurrency market, is currently facing intense market volatility, prompting significant price fluctuation. Previously, the price of the OM coin saw a significant plunge of
90%, sparking fraud allegations and raising serious questions about crypto market liquidity. The main reason behind this plummet is cited as the forced liquidation due to increased selling pressure in the market. Subsequently, the token price rebounded with a
60% surge, suggesting a possible recovery. However, despite efforts from Mantra's CEO, who planned to burn his 150M OM tokens to rebuild community trust, questions remain unanswered post-crash. Meanwhile, the CEO alleges that a particular exchange may be responsible for the OM crash. Amid these troubling times, there were also glimpses of hope, as some analysts predict the OM coin could once again reach up to
$9 or even
$15 per token, and a Wallet presale soared. However, these predictions should be taken with caution, as the coin is still struggling to recover trust after the massive crash. Other narratives in the crypto industry include the rise of meme coins and influential forces such as Coinbase and Steve Jobs, staking their claim in the resurgent crypto market. Still, the overall outlook on the OM Coin post-crash remains unclear.
OM Coin News Analytics from Fri, 06 Dec 2024 08:00:00 GMT to Wed, 02 Jul 2025 01:46:15 GMT -
Rating -8
- Innovation -5
- Information 6
- Rumor -6
