Binance will provide support for
MANTRA (OM) alongside Enjin Coin network upgrades. Notably,
OM coin's price crashed by approximately 90%, leading to allegations of fraudulent activities. The massive price dip was attributed to the coin being heavily liquidated on different exchanges. Following this, the
Mantra developers announced a comprehensive
OM token burn program to salvage the situation.As a measure to restore confidence and possibly stabilize the price, the Mantra developers also launched a $25M
OM token buyback program. Nevertheless, the
OM token is still struggling to regain its value, and trust continues to dwindle. Despite these, some experts still predict a comeback for the troubled
OM Coin, and it records a 30% price correction hitting the undervalued territory.Amidst the chaos, a draft design featuring former US President, Donald Trump, on a future $1 coin, has been circulated by the
US Treasury. This announcement has sparked different reactions but revealed no significant effect on the
OM Coin. Interestingly, reports also indicate that the Trump family significantly profited from their investment in cryptocurrencies, netting an estimated $1Bn profit.
OM Coin News Analytics from Mon, 22 Aug 2022 19:33:09 GMT to Wed, 05 Nov 2025 01:14:14 GMT -
Rating -8
- Innovation 2
- Information 6
- Rumor -4
