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Title: OM Token’s $6B Crash – Was It All Part of a Bigger Plan?
The recent crash of OM, with its market value plummeting by $6 billion, has left the crypto community in shock. The sudden and unexplained drop has sparked rumors of a potential rug pull, leaving investors wondering if this was all part of a larger plan.
Initially, Mantra’s team denied any involvement in the crash, citing external factors such as broader market pressures and centralized exchanges closing positions. However, many have pointed out that there is no evidence to support these claims, with some questioning the lack of transparency from the project.
On-chain data has revealed a significant influx of OM tokens being sold before the crash, with 1.2 million tokens being moved to an unknown address. This sudden surge in token sales raises suspicions about the team’s involvement in the market manipulation.
Furthermore, there have been reports of large investors dumping their OM holdings at a 50% discount through OTC deals, which further supports the notion that something fishy was going on behind the scenes.
Is it possible that OM’s $6 billion crash is not just a random event but rather part of a larger plan?
Source: https://coinpedia.org/news/om-tokens-6b-crash-was-it-all-part-of-a-bigger-plan/
