⇘ OM Coin Struggles: Controversial Market Moves and Recovery Efforts

In the crypto market, recently the price of OM coin, also known as Mantra's OM token, has seen a significant drop of 90%, sparking allegations of fraud. The crash raises questions about the liquidity and stability of the crypto market. Despite the crash, OM coin has shown some signs of recovery with market speculations suggesting the possibility of OM coin's price going up again in the near future. Mantra's OM token has faced a lot scrutiny surrounding its crash, with fingers pointed at exchanges and insinuations of insider selling.
In an attempt to restore trust and stabilize the price, Mantra's Founder has announced to burn $80M of his own tokens. Furthermore, Mantra announced a $25M OM Token Buyback Program and a comprehensive burn program. Despite these efforts, recovery is still a challenge.
Meanwhile, in a controversial move, the Treasury Department is considering minting a $1 Trump coin for the 250th anniversary of U.S. independence. Several Crypto Exchanges are rushing to list Trump's coin while the crypto price of OM coin struggles to recover. On the positive front, OM coin has been making headlines due to a 300 million OM token burn initiative. Additionally, the crypto market sees the successful raise of $4M by Bitcoin Hyper.

OM Coin News Analytics from Mon, 27 Jan 2025 08:00:00 GMT to Mon, 17 Nov 2025 09:09:00 GMT - Rating -5 - Innovation -3 - Information 7 - Rumor -8